v3.25.2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Income Statement [Abstract]        
Revenue $ 127,558 $ 166,361 $ 229,127 $ 316,375
Cost of product revenue 89,259 138,895 168,857 252,808
Restructuring and other 0 0 1,658 0
Total cost of revenue 89,259 138,895 170,515 252,808
Gross profit 38,299 27,466 58,612 63,567
Research and development 13,766 23,230 28,453 57,108
Selling and marketing 39,003 39,980 65,054 69,696
General and administrative 21,069 16,926 40,085 (36,785)
Restructuring and other 1,032 8,230 7,206 22,377
Amortization of acquired intangible assets 145 168 280 339
Total operating expenses 75,015 88,534 141,078 112,735
Operating loss (36,716) (61,068) (82,466) (49,168)
Other income (expense), net 13,385 (8,849) (27,680) (12,034)
Loss before income taxes (23,331) (69,917) (110,146) (61,202)
Income tax (benefit) expense (523) 729 (65) 837
Net loss $ (22,808) $ (70,646) $ (110,081) $ (62,039)
Basic $ (0.68) $ (2.41) $ (3.41) $ (2.16)
Diluted $ (0.68) $ (2.41) $ (3.41) $ (2.16)
Basic 33,410 29,309 32,259 28,740
Diluted 33,410 29,309 32,259 28,740