|
Cash and cash equivalents
|
|
$58.1m
|
$195.4m
|
$159.8m
|
$144.2m
|
$85.6m
|
$82.0m
|
|
Short-term investments
|
|
—
|
—
|
$0
|
$102.5m
|
$159.5m
|
$218.9m
|
|
Accounts receivable
|
|
$5.8m
|
$2.4m
|
$6.9m
|
$7.5m
|
$8.6m
|
$6.3m
|
|
Inventory, net
|
|
$49.7m
|
$86.1m
|
$178.0m
|
$119.0m
|
$115.8m
|
$128.0m
|
|
Prepaid expenses and other current assets
|
|
$6.7m
|
$7.4m
|
$11.9m
|
$12.5m
|
$13.3m
|
$12.2m
|
|
Total current assets
|
|
$120.3m
|
$293.3m
|
$356.5m
|
$385.7m
|
$382.8m
|
$447.3m
|
|
Property and equipment, net
|
|
$6.5m
|
$7.6m
|
$11.0m
|
$24.9m
|
$35.3m
|
$33.9m
|
|
Operating lease right-of-use assets
|
|
—
|
—
|
$15.3m
|
$43.1m
|
$50.5m
|
$57.1m
|
|
Other assets
|
|
$506k
|
$560k
|
$1.3m
|
$1.3m
|
$2.1m
|
$1.7m
|
|
Deferred tax assets
|
|
$6.5m
|
$10.2m
|
$11.0m
|
$18.3m
|
$11.6m
|
$12.2m
|
|
Investment in equity securities
|
|
—
|
—
|
—
|
$0
|
$27.5m
|
$27.7m
|
|
Operating lease liabilities
|
|
—
|
—
|
$3.4m
|
$8.2m
|
$10.6m
|
$8.2m
|
|
Sales tax payable
|
|
$3.1m
|
$3.7m
|
$3.4m
|
$3.1m
|
$3.7m
|
$4.3m
|
|
Gift card liability
|
|
$3.0m
|
$5.6m
|
$7.9m
|
$8.2m
|
$9.6m
|
$12.1m
|
|
Deferred revenue
|
|
$1.8m
|
$596k
|
$2.8m
|
$2.2m
|
$4.6m
|
$4.0m
|
|
Returns reserve
|
|
$1.7m
|
$2.8m
|
$3.5m
|
$3.0m
|
$3.9m
|
$4.2m
|
|
Income tax payable
|
|
$105k
|
$4.0m
|
$0
|
$2.6m
|
$346k
|
$1.9m
|
|
Operating lease liabilities, non-current
|
|
—
|
—
|
$15.8m
|
$38.9m
|
$42.4m
|
$51.8m
|
|
Other non-current liabilities
|
|
$0
|
$243k
|
$176k
|
$183k
|
$83k
|
$182k
|
|
Total non-current assets
|
|
$13.5m
|
$18.4m
|
$38.6m
|
$87.5m
|
$127.0m
|
$132.7m
|
|
Total stockholders’ equity
|
|
$97.7m
|
$245.6m
|
$307.7m
|
$376.9m
|
$377.1m
|
$437.5m
|
|
Total assets
|
|
$133.9m
|
$311.8m
|
$395.1m
|
$473.2m
|
$509.8m
|
$580.0m
|
|
Total liabilities and stockholders’ equity
|
|
$133.9m
|
$311.8m
|
$395.1m
|
$473.2m
|
$509.8m
|
$580.0m
|
|
Accounts payable
|
|
$12.0m
|
$14.6m
|
$20.9m
|
$14.7m
|
$9.4m
|
$18.2m
|
|
Accrued expenses
|
|
$6.7m
|
$24.7m
|
$26.2m
|
$7.9m
|
$42.3m
|
$20.5m
|
|
Accrued compensation and benefits
|
|
$4.2m
|
$6.5m
|
$3.4m
|
$7.3m
|
$5.7m
|
$17.2m
|
|
Total current liabilities
|
|
$32.5m
|
$62.4m
|
$71.4m
|
$57.3m
|
$90.1m
|
$90.5m
|
|
Total liabilities
|
|
$36.2m
|
$66.2m
|
$87.3m
|
$96.4m
|
$132.7m
|
$142.5m
|
|
Common stock
|
|
$15k
|
$16k
|
$16k
|
$16k
|
$15k
|
$16k
|
|
Preferred stock — par value $0.0001 per share, 100,000,000 shares authorized as of December 31, 2025 and December 31, 2024; zero shares issued and outstanding as of December 31, 2025 and December 31, 2024
|
|
—
|
0
|
0
|
0
|
0
|
0
|
|
Additional paid-in capital
|
|
$70.2m
|
$227.6m
|
$268.6m
|
$315.1m
|
$312.6m
|
$338.5m
|
|
Accumulated other comprehensive income
|
|
—
|
—
|
$0
|
$5k
|
$21k
|
$196k
|
|
Retained earnings
|
|
$27.5m
|
$17.9m
|
$39.1m
|
$61.8m
|
$64.5m
|
$98.7m
|