Quarterly report [Sections 13 or 15(d)]

Segment Reporting

v3.26.1
Segment Reporting
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The following table presents segment revenue, gross profit, and net income (loss) for the periods presented in thousands:
Three Months Ended March 31,
2026 2025
Net revenue $ 137,188  $ 95,933 
Cost of net revenue 58,304  42,102 
Gross profit 78,884  53,831 
Less:
Employee related 67,169  67,103 
Depreciation and amortization 4,016  4,463 
Design and prototype expenses 11,834  9,671 
Professional fees 8,490  6,511 
Occupancy expenses 4,110  4,298 
Restructuring expenses 474  7,879 
Interest and other (income) expense, net 1,443  2,908 
Income tax expense 26,485  711 
Segment net loss $ (45,137) $ (49,713)