|
Cash and cash equivalents (restricted cash of $0.1 million at December 31, 2025 and 2024, respectively)
|
|
$1.2m
|
$104.1m
|
$80.1m
|
$33.4m
|
$20.2m
|
$39.0m
|
|
Restricted short-term investments
|
|
—
|
—
|
—
|
$4.2m
|
$4.2m
|
$4.2m
|
|
Inventory
|
|
$65.4m
|
$132.7m
|
$54.1m
|
$25.0m
|
$16.3m
|
$9.4m
|
|
Prepaid expenses
|
|
$8.7m
|
$15.9m
|
$13.1m
|
$10.7m
|
$9.0m
|
$6.8m
|
|
Other current assets
|
|
$294k
|
$43.7m
|
$39.2m
|
$45.9m
|
$28.9m
|
$4.3m
|
|
Total current assets
|
|
$1.5m
|
$299.4m
|
$186.5m
|
$119.3m
|
$78.7m
|
$63.8m
|
|
Property and equipment, net
|
|
$80.2m
|
$113.1m
|
$74.1m
|
$45.1m
|
$12.7m
|
$8.5m
|
|
Goodwill
|
|
—
|
—
|
—
|
$85.2m
|
$65.2m
|
$65.2m
|
|
Right-of-use assets, net
|
|
$33.3m
|
$6.6m
|
$5.0m
|
$3.1m
|
$3.1m
|
$1.6m
|
|
Other assets
|
|
$14.2m
|
$7.6m
|
$9.5m
|
$2.9m
|
$2.7m
|
$1.6m
|
|
Content assets, net
|
|
$19.4m
|
$39.3m
|
$34.9m
|
$21.4m
|
$12.2m
|
$6.3m
|
|
Deferred revenue
|
|
$97.5m
|
$107.1m
|
$95.6m
|
$97.2m
|
$77.3m
|
$56.9m
|
|
Current portion of lease liabilities
|
|
$10.4m
|
$2.3m
|
$2.1m
|
$1.8m
|
$1.3m
|
$1.0m
|
|
Current portion of Term Loan
|
|
—
|
—
|
$1.2m
|
$8.1m
|
$9.5m
|
$1.1m
|
|
Other current liabilities
|
|
$3.1m
|
$3.9m
|
$3.3m
|
$5.3m
|
$5.0m
|
$3.9m
|
|
Term Loan
|
|
—
|
—
|
$39.7m
|
$21.5m
|
$9.7m
|
$22.6m
|
|
Long-term lease liabilities, net
|
|
$31.3m
|
$4.8m
|
$3.3m
|
$1.4m
|
$2.0m
|
$738k
|
|
Other liabilities
|
|
$2.1m
|
$8.0m
|
$4.0m
|
$6.0m
|
$7.1m
|
$5.8m
|
|
Total stockholders’ equity
|
|
$5.0m
|
$385.4m
|
$211.5m
|
$82.8m
|
$28.2m
|
$31.3m
|
|
Total assets
|
|
$301.5m
|
$637.6m
|
$443.4m
|
$276.8m
|
$174.6m
|
$147.0m
|
|
Total liabilities and stockholders' equity
|
|
$301.5m
|
$637.6m
|
$443.4m
|
$276.8m
|
$174.6m
|
$147.0m
|
|
Accounts payable
|
|
$410k
|
$48.4m
|
$17.9m
|
$10.7m
|
$9.5m
|
$5.3m
|
|
Accrued expenses
|
|
$80.0m
|
$74.5m
|
$64.4m
|
$42.1m
|
$25.0m
|
$18.4m
|
|
Total current liabilities
|
|
$464k
|
$236.2m
|
$184.6m
|
$165.2m
|
$127.6m
|
$86.6m
|
|
Total liabilities
|
|
$11.0m
|
$252.2m
|
$231.9m
|
$194.1m
|
$146.4m
|
$115.7m
|
|
Common stock value
|
|
$895
|
$31k
|
$31k
|
$2k
|
$2k
|
$2k
|
|
Additional paid-in capital
|
|
$5.5m
|
$610.4m
|
$630.7m
|
$654.7m
|
$671.7m
|
$677.7m
|
|
Accumulated deficit
|
|
($531k)
|
($225.0m)
|
($419.2m)
|
($571.9m)
|
($643.5m)
|
($646.4m)
|
|
Accumulated other comprehensive loss
|
|
($202k)
|
($21k)
|
$37k
|
($23k)
|
($49k)
|
($47k)
|