v3.25.4
The Company and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Schedule of Fair Value, Liabilities Measured on Recurring Basis
The following table sets forth a summary of the changes in the fair value of the Company’s Level 3 financial liabilities:
Year Ended December 31,
20252024
Beginning fair value$97,256 $103,461 
Change in the fair value during the year recorded to acquisition related costs4,000 6,049 
Payments made during the period(12,903)(12,254)
Ending fair value$88,353 $97,256 
Schedule of Concentration of Risk, by Risk Factor
The following table discloses these customers’ percentage of revenue for the respective periods:
Year Ended December 31,
202520242023
Customer
Arrow Electronics, Inc.26%19%18%
Pernas Electronics Co. Ltd.25%24%20%
Quantek Technology Corporation*13%13%
Sabre Technologies Pte. Ltd**10%
* Revenue from this customer was below 10%.
At December 31, 2025 and 2024 these customers accounted for 10% or more of accounts receivable:
As of December 31,
20252024
Customer
Arrow Electronics, Inc.39%15%
Pernas Electronics Co. Ltd.22%31%
Quantek Technology Corporation*17%
* Accounts receivable from these customers was below 10%.
Schedule of Estimated Useful Lives of the Property, Plant and Equipment Depreciation of property and equipment is recognized on a straight-line basis over the estimated useful lives of the respective assets as follows:
Lab and manufacturing equipment
3 to 7 years
Computer equipment3 years
Furniture and fixtures5 years
Leasehold improvementsShorter of remaining lease term or estimated useful lives of the assets