Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.20.2
Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 107,362 $ 92,708
Short-term restricted cash 9 349
Accounts receivable, net 41,434 50,411
Inventory 34,284 31,510
Prepaid expenses and other current assets 7,489 6,792
Total current assets 190,578 181,770
Long-term restricted cash 58 60
Property and equipment, net 18,059 16,613
Leased right-of-use assets 8,942 10,978
Intangible assets, net 159,441 187,971
Goodwill 238,330 238,330
Deferred tax assets 76,371 67,284
Other long-term assets 1,281 2,785
Total assets 693,060 705,791
Current liabilities:    
Accounts payable 17,832 13,442
Accrued price protection liability 5,902 12,557
Accrued expenses and other current liabilities 31,685 31,171
Accrued compensation 14,545 9,392
Total current liabilities 69,964 66,562
Long-term lease liabilities 6,833 9,335
Long-term debt 207,486 206,909
Other long-term liabilities 6,802 8,065
Total liabilities 291,085 290,871
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 25,000 shares authorized, no shares issued or outstanding 0 0
Common stock, $0.0001 par value; 550,000 shares authorized; 73,103 shares issued and outstanding at June 30, 2020 and 71,931 shares issued and outstanding December 31, 2019 7 7
Additional paid-in capital 554,250 529,596
Accumulated other comprehensive loss (1,210) (887)
Accumulated deficit (151,072) (113,796)
Total stockholders’ equity 401,975 414,920
Total liabilities and stockholders’ equity $ 693,060 $ 705,791
Preferred stock, par value (usd per share) $ 0.0001 $ 0.0001
Preferred Stock, Shares Authorized 25,000 25,000
Common stock, par value (usd per share) $ 0.0001 $ 0.0001
Common stock, shares authorized (shares) 550,000 550,000
Preferred stock, shares outstanding (shares) 0 0
Common stock, shares outstanding (shares) 73,103 71,931
Common stock, shares issued (shares) 73,103 71,931
Preferred stock, shares issued (shares) 0 0