v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 373,636 $ 65,429
Marketable securities 0 111,779
Accounts receivable 34,377 42,628
Inventory 6,982 26,705
Prepaid and other current assets 14,228 10,591
Total current assets 429,223 257,132
Property and equipment, net 26,838 32,971
Operating lease right-of-use assets 16,203 22,760
Marketable securities, non-current 0 24,165
Intangible assets, net 18,556 31,960
Goodwill 35,968 40,336
Restricted cash 521 551
Other assets 5,679 3,353
Total assets 532,988 413,228
Current liabilities:    
Accounts payable 9,493 9,988
Accrued compensation 34,571 38,107
Accrued and other liabilities 49,634 41,754
Total current liabilities 93,698 89,849
Deferred tax liability 86 181
Operating lease liabilities, less current portion 13,200 19,679
Other liabilities 406 418
Total liabilities 107,390 110,127
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Preferred stock: $0.001 par value; 10,000,000 shares authorized at June 30, 2026 and December 31, 2025; no shares issued and outstanding at June 30, 2026 and December 31, 2025 0 0
Common stock: $0.001 par value; 100,000,000 shares authorized at June 30, 2026 and December 31, 2025; 51,482,536 and 50,916,644 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 51 50
Additional paid-in capital (Note 2) 930,993 927,457
Accumulated other comprehensive loss 0 (5,515)
Accumulated deficit (Note 2) (505,446) (618,891)
Total stockholders’ equity 425,598 303,101
Total liabilities and stockholders’ equity $ 532,988 $ 413,228