Quarterly report [Sections 13 or 15(d)]

Segment Reporting (Tables)

v3.26.1
Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Revenue, Gross Profit, and Net Income (Loss)
The following table presents segment revenue, gross profit, and net income (loss) for the periods presented (in thousands):
Three Months Ended June 30, Six Months Ended June 30,
2026 2025 2026 2025
Net revenue $ 168,847  $ 108,813  $ 306,035  $ 204,746 
Cost of net revenue 71,184  47,288  129,488  89,390 
Gross profit 97,663  61,525  176,547  115,356 
Less:
Employee related 76,501  55,643  143,670  122,746 
Depreciation and amortization 3,853  4,541  7,869  9,004 
Design and prototype expenses 12,866  10,177  24,700  19,848 
Professional fees 4,494  5,983  12,984  12,494 
Occupancy expenses 4,070  4,216  8,180  8,514 
Restructuring expenses 64  5,580  538  13,459 
Interest and other (income) expense, net 2,365  6,086  3,808  8,994 
Income tax expense (benefit) (8,310) (4,115) 18,175  (3,404)
Segment net income (loss) $ 1,760  $ (26,586) $ (43,377) $ (76,299)