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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 559,444 $ 568,197
Accounts receivable, net of allowances for estimated credit losses of $4,752 and $2,929 at September 30, 2023 and December 31, 2022, respectively 66,809 76,494
Inventories 74,878 109,656
Income tax receivable 989 1,280
Prepaid expenses and other current assets 35,891 27,648
Total current assets 738,011 783,275
Property and equipment, net 16,062 18,184
Right-of-use assets, net 13,343 15,637
Intangible assets, net 64,642 46,386
Goodwill 124,679 124,593
Deferred income tax assets, net 798 815
Other assets 15,539 14,193
TOTAL ASSETS 973,074 1,003,083
Current liabilities:    
Accounts payable 35,883 28,467
Accrued payroll-related expenses 20,752 21,677
Syndeo Program reserves 32,052 0
Lease liabilities, current 4,711 4,958
Income tax payable 1,990 1,429
Other accrued expenses 30,491 15,183
Total current liabilities 125,879 71,714
Lease liabilities, non-current 10,105 12,689
Deferred income tax liabilities, net 2,299 2,011
Warrant liabilities 7,109 15,473
Convertible senior notes, net 737,315 734,143
Other long-term liabilities 410 0
Total liabilities 883,117 836,030
Commitments (Note 10)
Stockholders’ equity    
Class A Common Stock, $0.0001 par value; 320,000,000 shares authorized; 132,569,193 and 132,214,695 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 14 14
Additional paid-in capital 564,509 550,320
Accumulated other comprehensive loss (5,102) (4,530)
Accumulated deficit (469,464) (378,751)
Total stockholders’ equity 89,957 167,053
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 973,074 $ 1,003,083