v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 28, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 54,601 $ 143,086
Marketable securities 188,688 245,018
Accounts receivable, net 116,772 99,367
Inventory 154,626 133,737
Prepaid expenses and other current assets 72,487 70,345
Total current assets 587,174 691,553
Property and equipment, net 38,998 37,812
Right-of-use operating leases 13,662 14,665
Deferred tax assets 164,719 165,636
Goodwill 116,175 116,175
Other assets 30,680 32,681
Total assets 951,408 1,058,522
Current liabilities:    
Accounts payable 69,122 41,523
Accrued liabilities 78,555 91,339
Deferred revenue 30,800 30,386
Total current liabilities 178,477 163,248
Long-term portion of deferred revenue 19,708 19,890
Operating leases 11,860 12,756
Other long-term liabilities 3,386 3,409
Total liabilities 213,431 199,303
Commitments and contingencies (See Note 6)
Stockholders’ equity:    
Preferred stock, $0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of March 28, 2026 and December 31, 2025 0 0
Common stock, $0.025 par value; 100,000 shares authorized; 64,401 shares issued and outstanding as of March 28, 2026, and 67,120 shares issued and outstanding as of December 31, 2025 1,610 1,678
Additional paid-in capital 1,098,541 1,230,191
Accumulated other comprehensive loss (1,142) (408)
Accumulated deficit (361,032) (372,242)
Total stockholders’ equity 737,977 859,219
Total liabilities and stockholders’ equity $ 951,408 $ 1,058,522

Source

10-Q XBRL Zip