Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2025

The following table represents total long-lived assets by geographic area:

The following table represents reported segment revenues, segment profit (loss), and significant segment expenses:


	For the Years Ended December 31,
		2025		2024		2023
Net revenues		$	115,021	$	185,827	405,472
Cost of products and services sold (3)		66,823		106,437		233,820
Gross profit		48,198		79,390		171,652
Research and development (3)		42,528		26,047		33,728
Sales and marketing (3)		26,117		30,986		36,319
General and administrative (3)		47,677		46,215		58,191
Loss on impairments		—		4,392		10,829
Change in the estimated fair value of acquisition-related contingent consideration		4,570		—		(99)
Gain on sale of assets		(725)		—		—
Operating (loss) income		(71,969)		(28,250)		32,684
Other income (expense) (1)		229		(380)		17,836
Interest revenue		8,078		11,469		5,862
Other segment items (2)		(924)		1,160		(124)
(Loss) income before income taxes and equity investment		(64,586)		(16,001)		56,258
Income tax expense		1,801		1,799		2,603
Loss on equity investment		(2,344)		(1,700)		—
Net (loss) income		$	(68,731)	$	(19,500)	$	53,655

(1) Includes $12.8 million of excess profits recognized on government contracts in 2023.

(2) Includes interest expense and foreign currency gains (losses).

(3) The following tables represent additional significant segment expense categories:


	For the Years Ended December 31,
		2025		2024		2023
Stock-based Compensation
Cost of products and services sold		$	707	734		564
Research and development		1,046		839		1,159
Sales and marketing		863		1,129		1,181
General and administrative		7,531		9,218		7,826
		$	10,147	$	11,920	$	10,729


	For the Years Ended December 31,
		2025		2024		2023
Depreciation and Amortization
Cost of products and services sold		$	4,527	$	6,343	$	15,311
Research and development		2,081		1,029		1,208
Sales and marketing		80		189		571
General and administrative		3,504		3,311		3,846
		$	10,192	$	10,872	$	20,936