v3.25.2
Industry Segment, Geographic Information and Significant Customers (Tables)
6 Months Ended
Jun. 28, 2025
Segment Reporting [Abstract]  
Segment Information about Revenue, Cost of Revenue, Gross Margin and Income before Income Taxes
The following table presents selected financial information with respect to the Company's single operating segment for the three and six months ended June 28, 2025 and June 29, 2024 (in thousands):
Three Months EndedSix Months Ended
June 28, 2025June 29, 2024June 28, 2025June 29, 2024
Revenue$127,558 $166,361 $229,127 $316,375 
Less:
Cost of revenue89,259 138,895 170,515 252,808 
Research and development13,766 23,230 28,453 57,108 
Working marketing18,439 17,718 26,029 24,423 
Other selling and marketing20,564 22,262 39,025 45,273 
General and administrative21,069 16,926 40,085 (36,785)
Restructuring and other1,032 8,230 7,206 22,377 
Amortization of intangible assets145 168 280 339 
Other (income) expense, net(13,385)8,849 27,680 12,034 
Income tax (benefit) expense(523)729 (65)837 
Net loss$(22,808)$(70,646)$(110,081)$(62,039)
Revenue from External Customers by Geographic Areas
The following table provides information about revenue by geographical region (in thousands):
Three Months EndedSix Months Ended
June 28, 2025June 29, 2024June 28, 2025June 29, 2024
United States$56,441 $84,364 $97,881 $153,260 
EMEA33,253 39,894 66,200 84,982 
Japan29,424 27,818 51,373 55,536 
Other8,440 14,285 13,673 22,597 
Total revenue$127,558 $166,361 $229,127 $316,375