Unaudited

v3.23.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 378,418 $ 322,808
Accounts receivable, net of allowances of $20,028 and $19,198 50,298 46,220
Inventory 128,509 144,425
Other current assets 13,398 8,771
Total current assets 570,623 522,224
Property and equipment, net 932 1,034
Intangible assets, net 971,715 995,028
Goodwill 168,300 168,300
Other assets 11,354 11,089
Total assets 1,722,924 1,697,675
Current Liabilities:    
Accounts payable 13,666 9,748
Sales and income taxes payable, net 0 3,415
Accrued expenses and other current liabilities 24,649 17,107
Current portion of long-term debt 6,750 8,438
Current portion of Related Party payable pursuant to Tax Receivable Agreement 16,184 16,380
Total current liabilities 61,249 55,088
Long-term debt 651,678 654,333
Deferred tax liabilities 2,754 1,622
Related Party payable pursuant to Tax Receivable Agreement 189,391 205,675
Total liabilities 905,072 916,718
Contingencies (Note 10)
Stockholders’ equity (Notes 1 and 8):    
Common stock, $0.001 par value per share; 2,000,000,000 shares authorized, 654,530,828 and 650,091,380 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 654 649
Preferred stock, $0.001 par value per share; 25,000,000 shares authorized and no shares issued and outstanding 0 0
Additional paid-in capital 321,555 312,875
Accumulated other comprehensive income 3,667 2,577
Retained earnings 491,976 464,856
Total stockholders’ equity 817,852 780,957
Total liabilities and stockholders’ equity $ 1,722,924 $ 1,697,675

Source

PDF HTML
ZIP XBRL