v3.25.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 54,482 $ 82,840
Restricted cash 2,610 1,882
Marketable securities 19,508 99,827
Accounts receivable 14,317 14,272
Inventory 16,103 14,908
Prepaid expenses and other current assets 15,153 31,498
Total current assets 122,173 245,227
Property and equipment, net 37,798 52,281
Operating lease right-of-use assets 17,108 31,479
Intangible assets, net 10,986 15,556
Goodwill 1,750 3,994
Other non-current assets 13,701 16,676
Total assets 203,516 365,213
Current liabilities:    
Accounts payable 21,391 18,972
Accrued and other current liabilities 33,915 31,567
Operating lease liabilities 7,362 10,049
Total current liabilities 62,668 60,588
Debt 429,178 500,516
Operating lease liabilities, non-current 13,047 24,083
Other non-current liabilities 184 815
Total liabilities 505,077 586,002
Commitments and contingencies (Note 17)
Stockholders’ deficit:    
Additional paid-in capital 2,310,266 2,204,814
Accumulated other comprehensive loss (456) (295)
Treasury stock (312,477) (312,477)
Accumulated deficit (2,302,270) (2,112,835)
Total stockholders’ deficit (304,929) (220,789)
Total liabilities, preferred stock and stockholders’ deficit 203,516 365,213
Series A Preferred Stock    
Current liabilities:    
Series A preferred stock 3,368 0
Class A common stock    
Stockholders’ deficit:    
Common stock 7 3
Class B common stock    
Stockholders’ deficit:    
Common stock $ 1 $ 1

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