v3.25.4
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating Activities      
Net loss $ (136,681,000) $ (245,198,000) $ (73,147,000)
Adjustments to reconcile net loss to cash provided by (used in) operating activities:      
Amortization and depreciation 43,992,000 54,140,000 71,516,000
Impairment losses 0 1,237,000 2,438,000
Impairment of investments and other assets 700,000 14,000,000 0
Amortization of debt issuance costs and accretion of discounts 1,929,000 2,538,000 2,561,000
Stock-based compensation 77,128,000 66,021,000 55,176,000
Deferred income taxes (8,595,000) 826,000 (4,452,000)
Loss on disposal of property and equipment 1,247,000 1,068,000 2,057,000
Gain on sale of investments 0 0 (434,000)
Unrealized holding loss on investments 0 0 1,765,000
Impairment of leased right-of-use assets 427,000 5,555,000 0
Gain on settlement of pension 0 0 (1,008,000)
Gain on extinguishment of lease liabilities (521,000) (555,000) 0
(Gain) loss on foreign currency and other 6,159,000 (1,253,000) 2,475,000
Excess tax (benefits) deficiencies on stock-based awards 3,713,000 3,250,000 (253,000)
Changes in operating assets and liabilities, net of effects of acquisitions:      
Accounts receivable, net 39,342,000 85,155,000 1,406,000
Inventory 12,239,000 9,565,000 60,636,000
Prepaid expenses and other assets (11,874,000) (1,873,000) (9,328,000)
Accounts payable, accrued expenses and other current liabilities (12,484,000) (4,569,000) (29,431,000)
Accrued compensation 34,762,000 919,000 9,708,000
Accrued price protection liability (16,908,000) (28,283,000) (41,562,000)
Lease liabilities (11,497,000) (10,695,000) (11,671,000)
Other long-term liabilities (3,459,000) 2,857,000 4,920,000
Net cash provided by (used in) operating activities 19,619,000 (45,295,000) 43,372,000
Investing Activities      
Purchases of property and equipment (12,598,000) (17,680,000) (13,454,000)
Purchases of intangible assets (7,197,000) (5,766,000) (6,355,000)
Cash used in acquisition, net of cash acquired 0 0 (13,324,000)
Sale of trading securities 0 0 17,198,000
Net cash used in investing activities (19,795,000) (23,446,000) (15,935,000)
Financing Activities      
Payment of debt issuance cost 0 0 (18,325,000)
Net proceeds from issuance of common stock 3,558,000 4,091,000 4,559,000
Minimum tax withholding paid on behalf of employees for restricted stock units (2,217,000) (2,805,000) (12,590,000)
Repurchase of common stock (20,000,000) 0 0
Net cash provided by (used in) financing activities (18,659,000) 1,286,000 (26,356,000)
Effect of exchange rate changes on cash and cash equivalents 644,000 (1,298,000) (1,082,000)
Increase (decrease) in cash, cash equivalents and restricted cash (18,191,000) (68,753,000) (1,000)
Cash, cash equivalents and restricted cash at beginning of period 119,603,000 188,356,000 188,357,000
Cash, cash equivalents and restricted cash at end of period 101,412,000 119,603,000 188,356,000
Supplemental disclosures of cash flow information:      
Cash paid for interest 8,598,000 9,743,000 9,481,000
Cash paid for income taxes 5,792,000 8,194,000 28,645,000
Cash received for dividend income on investments 0 0 716,000
Supplemental disclosures of non-cash activities:      
Issuance of shares for payment of bonuses $ 5,921,000 $ 10,992,000 $ 38,648,000

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