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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 286,121 $ 224,943
Marketable securities 75,364 74,256
Accounts receivable, net 88,651 136,539
Inventories 294,330 351,682
Prepaid expenses and other current assets 18,574 23,842
Total current assets 763,040 811,262
Property and equipment, net 58,471 63,407
Operating lease right-of-use asset 14,576 17,078
Intangible assets, net 380 760
Deferred tax assets 31,311 23,819
Other assets 30,563 33,301
Total assets 898,341 949,627
Current liabilities:    
Accounts payable 67,171 63,195
Accrued expenses and other current liabilities 48,289 69,775
Deferred revenue, current portion 39,605 34,869
Operating lease liabilities, current portion 5,439 5,436
Dividends payable, current portion 234,693 80,781
Total current liabilities 395,197 254,056
Operating lease liabilities, net of current portion 11,141 13,935
Deferred revenue, net of current portion 2,812 3,789
Other non-current liabilities 6,884 5,112
Total liabilities 416,034 276,892
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Preferred stock, par value $0.001 per share, 100,000,000 shares authorized, no shares issued and outstanding as of June 30, 2023 and December 31, 2022. 0 0
Common stock, par value $0.001 per share, 1,250,000,000 shares authorized as of June 30, 2023, 219,830,304 shares issued and outstanding as of June 30, 2023; 1,250,000,000 shares authorized as of December 31, 2022, 219,656,587 shares issued and outstanding as of December 31, 2022. 220 220
Additional paid-in capital 482,724 672,990
Retained earnings 0 0
Accumulated other comprehensive loss (637) (475)
Total stockholders’ equity 482,307 672,735
Total liabilities and stockholders’ equity $ 898,341 $ 949,627