v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 26, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 55,890 $ 143,086
Marketable securities 98,870 245,018
Accounts receivable, net 127,482 99,367
Inventory 187,865 133,737
Prepaid expenses and other current assets 90,441 70,345
Total current assets 560,548 691,553
Property and equipment, net 35,358 37,812
Right-of-use operating leases 16,324 14,665
Deferred tax assets 156,816 165,636
Goodwill 116,175 116,175
Other assets 33,412 32,681
Total assets 918,633 1,058,522
Current liabilities:    
Accounts payable 62,631 41,523
Accrued liabilities 90,587 91,339
Deferred revenue 30,973 30,386
Total current liabilities 184,191 163,248
Long-term portion of deferred revenue 19,032 19,890
Operating leases 14,212 12,756
Other long-term liabilities 3,507 3,409
Total liabilities 220,942 199,303
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 September 26, 2026 and December 31, 2025 0 0
Common stock, $0.025 par value; 100,000 shares authorized; 61,803 shares issued and outstanding as of September 26, 2026, and 67,120 shares issued and outstanding as of December 31, 2025 1,545 1,678
Additional paid-in capital 1,031,173 1,230,191
Accumulated other comprehensive loss (1,324) (408)
Accumulated deficit (333,703) (372,242)
Total stockholders’ equity 697,691 859,219
Total liabilities and stockholders’ equity $ 918,633 $ 1,058,522

Source

10-Q XBRL Zip