|
Cash and cash equivalents
|
|
$10.1m
|
$5.0m
|
$8.8m
|
$22.7m
|
$23.5m
|
$7.3m
|
|
Accounts receivable, net
|
|
$27.0m
|
$31.5m
|
$50.6m
|
$107.1m
|
$78.2m
|
$128.8m
|
|
Unbilled receivables
|
|
$3.8m
|
$13.5m
|
$16.7m
|
$40.1m
|
$20.8m
|
$22.1m
|
|
Inventory
|
|
$15.1m
|
$38.4m
|
$72.9m
|
$52.8m
|
$56.0m
|
$89.9m
|
|
Other current assets
|
|
$155k
|
$5.0m
|
$4.6m
|
$4.4m
|
$9.8m
|
$9.8m
|
|
Total Current Assets
|
|
$56.1m
|
$93.4m
|
$153.5m
|
$227.2m
|
$188.4m
|
$257.9m
|
|
Property, plant and equipment, net
|
|
$12.8m
|
$15.6m
|
$16.9m
|
$24.8m
|
$28.2m
|
$53.3m
|
|
Goodwill
|
|
$50.2m
|
$69.4m
|
$69.9m
|
$69.9m
|
$69.9m
|
$69.9m
|
|
Other intangible assets, net
|
|
$72.0m
|
$65.2m
|
$56.6m
|
$48.7m
|
$41.1m
|
$33.5m
|
|
Right-of-use operating lease assets
|
|
—
|
—
|
—
|
—
|
$1.8m
|
$46.0m
|
|
Other assets
|
|
$4.2m
|
$5.8m
|
$6.3m
|
$5.2m
|
$11.3m
|
$5.4m
|
|
Right-of-use operating lease liabilities, less current portion
|
|
—
|
—
|
—
|
—
|
$1.2m
|
$38.7m
|
|
Deferred tax assets
|
|
$0
|
$177.0m
|
$291.6m
|
$468.2m
|
$454.2m
|
$438.0m
|
|
Warranty liability—current portion
|
|
—
|
—
|
$560k
|
$31.1m
|
$29.6m
|
$3.2m
|
|
Deferred revenue
|
|
—
|
$1.8m
|
$23.3m
|
$22.2m
|
$18.7m
|
$37.0m
|
|
Revolving line of credit
|
|
$20.0m
|
$55.1m
|
$48.0m
|
$40.0m
|
$141.8m
|
$136.8m
|
|
Warranty liability, less current portion
|
|
—
|
—
|
$0
|
$23.8m
|
$11.4m
|
$403k
|
|
Total Assets
|
|
$195.3m
|
$426.4m
|
$594.9m
|
$844.0m
|
$793.1m
|
$904.1m
|
|
Total Liabilities and Stockholders’ Equity
|
|
$195.3m
|
$426.4m
|
$594.9m
|
$844.0m
|
$793.1m
|
$904.1m
|
|
Accounts payable
|
|
$14.6m
|
$20.0m
|
$9.5m
|
$14.4m
|
$20.0m
|
$64.9m
|
|
Accrued expenses and other
|
|
—
|
$7.7m
|
$17.9m
|
$22.9m
|
$12.5m
|
$22.2m
|
|
Total Current Liabilities
|
|
$24.1m
|
$31.6m
|
$52.6m
|
$92.6m
|
$80.9m
|
$127.3m
|
|
Other long-term liabilities
|
|
$0
|
$931k
|
$4.2m
|
$3.1m
|
$2.2m
|
$991k
|
|
Total Liabilities
|
|
$379.4m
|
$433.9m
|
$293.9m
|
$299.0m
|
$236.3m
|
$304.1m
|
|
Preferred stock, $0.00001 par value - 5,000,000 shares authorized; none issued and outstanding as of December 31, 2025 and 2024
|
|
—
|
0
|
0
|
0
|
0
|
0
|
|
Class A common stock, $0.00001 par value - 1,000,000,000 shares authorized; 171,358,711 and 170,670,779 shares issued, 167,450,324 and 166,762,392 outstanding as of December 31, 2025 and 2024, respectively
|
|
—
|
2k
|
2k
|
2k
|
2k
|
2k
|
|
Additional paid-in capital
|
|
—
|
$95.7m
|
$256.9m
|
$470.5m
|
$483.6m
|
$493.1m
|
|
Treasury stock, at cost, 3,908,387 shares as of December 31, 2025 and 2024, respectively
|
|
—
|
—
|
—
|
$0
|
($25.3m)
|
($25.3m)
|
|
Retained Earnings
|
|
—
|
($93.1m)
|
$34.5m
|
$74.5m
|
$98.6m
|
$132.2m
|
|
Total Stockholders' Equity
|
|
—
|
($7.5m)
|
$301.0m
|
$545.0m
|
$556.8m
|
$600.0m
|