Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.24.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 185,108 $ 187,288
Short-term restricted cash 1,006 1,051
Accounts receivable, net 84,940 170,619
Inventory 94,738 99,908
Prepaid expenses and other current assets 31,789 29,159
Total current assets 397,581 488,025
Long-term restricted cash 23 17
Property and equipment, net 65,422 66,431
Leased right-of-use assets 24,883 31,264
Intangible assets, net 61,786 73,630
Goodwill 318,588 318,588
Deferred tax assets 74,228 69,493
Other long-term assets 30,686 32,809
Total assets 973,197 1,080,257
Current liabilities:    
Accounts payable 35,634 21,551
Accrued price protection liability 61,630 71,684
Accrued expenses and other current liabilities 70,965 98,468
Accrued compensation 22,048 30,426
Total current liabilities 190,277 222,129
Long-term lease liabilities 21,522 26,243
Long-term debt 122,684 122,375
Other long-term liabilities 21,459 23,245
Total liabilities 355,942 393,992
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; 83,898 shares issued and outstanding at June 30, 2024 and 81,818 shares issued and outstanding December 31, 2023 8 8
Additional paid-in capital 853,865 808,575
Accumulated other comprehensive loss (6,516) (3,791)
Accumulated deficit (230,102) (118,527)
Total stockholders’ equity 617,255 686,265
Total liabilities and stockholders’ equity $ 973,197 $ 1,080,257