Annual report pursuant to Section 13 and 15(d)

Segment Reporting (Tables)

v3.24.4
Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table presents segment revenue, gross profit, and net income (loss) for the periods presented:
Year Ended December 31,
2024 2023 2022
Net revenue $ 360,528  $ 693,263  $ 1,120,252 
Cost of net revenue 165,746  307,600  470,483 
Gross profit 194,782  385,663  649,769 
Less:
Employee related 243,231  268,231  328,264 
Depreciation and amortization 17,555  20,109  27,935 
Design and prototype expenses 60,497  69,804  71,089 
Professional fees 23,531  23,409  17,787 
Occupancy 18,704  20,107  19,375 
Restructuring 53,379  19,786  2,265 
Impairment of intangibles 1,237  2,438  2,811 
Impairment of investments 11,769  —  — 
Interest and other (income) expense, net 3,596  25,589  6,045 
Income tax expense 6,481  9,337  49,158 
   Segment net income (loss) $ (245,198) $ (73,147) $ 125,040