v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 99,704 $ 85,212
Marketable securities 59,456 55,973
Accounts receivable 45,983 37,426
Inventory, net 12,662 10,650
Prepaid expenses and other current assets 8,011 8,707
Total current assets 225,816 197,968
Operating lease right-of-use assets 24,883 25,613
Property and equipment, net 36,383 32,893
Intangible assets, net 155,094 158,600
Other assets 4,254 4,306
Total assets 446,430 419,380
Current liabilities:    
Accounts payable and accrued expenses 41,862 30,044
Short-term lease liabilities 3,124 3,336
Other current liabilities 24,555 21,437
Total current liabilities 69,541 54,817
Long-term debt, net of current portion 51,794 51,913
Long-term lease liabilities 59,918 60,919
Other liabilities 6,619 5,519
Deferred taxes 1,153 965
Total liabilities 189,025 174,133
Purchase commitments and contingencies (Note 9)
Stockholders’ Equity:    
Preferred Stock, $0.0001 par value: 1,000,000 shares authorized, 0 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 0 0
Class A common stock, $0.0001 par value: 1,000,000,000 shares authorized, 28,530,337 and 28,016,545 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 2 2
Additional paid-in capital 1,615,501 1,596,889
Accumulated deficit (1,359,003) (1,352,474)
Accumulated other comprehensive income 905 830
Total stockholders’ equity 257,405 245,247
Total liabilities and stockholders’ equity $ 446,430 $ 419,380