v3.24.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 17,430 $ 53,424
Marketable securities 216,605 215,352
Accounts receivable, less allowance for credit losses of $3.4 million and $2.4 million as of September 30, 2024 and December 31, 2023 78,530 70,102
Inventory 3,500 2,885
Prepaid expenses 4,789 5,571
Other current assets 4,855 8,897
Total current assets 325,709 356,231
Property and equipment, net 42,323 35,637
Operating lease right-of-use assets 9,607 12,251
Investment in unconsolidated joint venture 4,207 4,114
Intangible assets, net 33,039 35,768
Goodwill 262,955 262,915
Other assets 368 471
Total assets 678,208 707,387
Current liabilities:    
Accounts payable 6,368 24,710
Accrued expenses 48,719 41,845
Contract liabilities 8,303 7,357
Income taxes payable 864 2,484
Operating lease liabilities, current portion 6,638 6,799
Total current liabilities 70,892 83,195
Convertible notes 283,163 281,769
Operating lease liabilities, net of current portion 6,729 10,951
Deferred income taxes 245 275
Other liabilities 819 778
Total liabilities 361,848 376,968
Commitments and contingencies (Note 13)
Stockholders' equity    
Preferred stock, $0.000001 par value. Authorized; 50,000,000 shares; zero shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively
Additional paid-in capital 674,335 648,317
Accumulated other comprehensive income 1,282 855
Accumulated deficit (360,384) (319,872)
Total stockholders' equity 315,233 329,300
Noncontrolling interest 1,127 1,119
Total equity 316,360 330,419
Total liabilities and stockholders' equity 678,208 707,387
Class A Common Stock    
Stockholders' equity    
Common stock
Class B Common Stock    
Stockholders' equity    
Common stock