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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 523,025 $ 568,197
Accounts receivable, net of allowances for estimated credit losses of $6,604 and $2,929 at December 31, 2023 and December 31, 2022, respectively 54,697 76,494
Prepaid expenses and other current assets 28,877 27,648
Income tax receivable 332 1,280
Inventories 91,321 109,656
Total current assets 698,252 783,275
Property and equipment, net 14,226 18,184
Right-of-use assets, net 12,120 15,637
Intangible assets, net 62,123 46,386
Goodwill 125,818 124,593
Deferred income tax assets, net 531 815
Other assets 16,043 14,193
TOTAL ASSETS 929,113 1,003,083
Current liabilities:    
Accounts payable 44,768 28,467
Accrued payroll-related expenses 22,028 21,677
Syndeo Program reserves 21,009 0
Lease liabilities, current 4,598 4,958
Income tax payable 2,759 1,429
Other accrued expenses 19,846 15,183
Total current liabilities 115,008 71,714
Lease liabilities, non-current 9,319 12,689
Deferred income tax liabilities, net 702 2,011
Warrant liabilities 3,555 15,473
Convertible senior notes, net 738,372 734,143
Other long-term liabilities 2,767 0
Total liabilities 869,723 836,030
Commitments (Note 14)
Stockholders’ equity:    
Class A Common Stock, $0.0001 par value; 320,000,000 shares authorized; 122,899,002 and 132,214,695 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively 12 14
Additional paid-in capital 541,281 550,320
Accumulated other comprehensive loss (3,036) (4,530)
Accumulated deficit (478,867) (378,751)
Total stockholders’ equity 59,390 167,053
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 929,113 $ 1,003,083