Our reported segment revenue, segment profit or loss, and significant segment expenses were as follows:


	Three Months Ended March 31,
(In thousands)	2025		2024
Revenue	$	92,326	$	91,900
Less:
Adjusted cost of sales (1)	66,227		65,885
Adjusted research and development expenses (2)	7,073		7,590
Adjusted operating expenses (3)	20,502		21,832
Other segment items (4)	4,798		5,242
Net income (loss)	(6,274)		(8,649)

(1)Cost of sales from the consolidated statements of operations, adjusted to exclude stock-based compensation expense.

(2)R&D expenses from the consolidated statements of operations, adjusted to exclude stock-based compensation expense.

(3)Operating expenses less R&D expenses from the consolidated statements of operations, adjusted to exclude stock-based compensation, amortization of acquired intangible assets, costs associated with our Roku litigation, factory restructuring charges and severance.

(4)Other segment items include the adjustments described in the notes above; as well as interest income (expense), net; other income (expense), net; and provision for income taxes.