v3.24.2.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 693,306 $ 147,767
Investment securities, available-for-sale 329,601 350,174
Restricted cash 1,750 1,750
Accounts receivable, net 145,714 114,018
Inventory 20,082 11,647
Prepaid expenses and other current assets 73,798 42,443
Total current assets 1,264,251 667,799
Property and equipment, net 1,445 1,654
Right of use assets, net 14,507 12,928
Inventory, non-current 32,562 38,621
Other assets 7,739 7,293
Total assets 1,320,504 728,295
Current liabilities:    
Accounts payable 17,548 11,452
Accrued and other current liabilities 39,713 27,944
Accrued customer programs 77,971 53,173
Accrued employee benefits 22,372 27,364
Operating lease liabilities 4,171 3,612
Total current liabilities 161,775 123,545
Operating lease liabilities, non-current 14,117 13,326
Total liabilities 175,892 136,871
Stockholders’ equity:    
Common stock, $0.0001 par value: 175,000,000 shares authorized at June 30, 2024 and December 31, 2023, respectively; 105,624,902 and 96,379,811 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 11 10
Additional paid-in capital 2,793,896 2,208,470
Accumulated deficit (1,648,627) (1,617,160)
Accumulated comprehensive (loss) income (668) 104
Total stockholders’ equity 1,144,612 591,424
Total liabilities and stockholders’ equity $ 1,320,504 $ 728,295