v3.25.4
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues, Total $ 651,542 $ 801,473 $ 1,005,459
Cost of revenue 432,376 530,178 681,886
Gross profit 219,166 271,295 323,573
Operating expenses:      
Research and development 126,796 185,897 165,688
Sales and marketing 100,756 160,635 169,578
General and administrative 56,355 59,796 63,770
Goodwill, Impairment Loss 18,600 0 0
Total operating expenses 302,507 406,328 399,036
Operating loss (83,341) (135,033) (75,463)
Interest Income (Expense), Operating and Nonoperating (8,452) (3,329) (4,699)
Total other income (expense), net 345 5,273 12,429
Nonoperating Income (Expense) (8,107) 1,944 7,730
Loss before income taxes (91,448) (133,089) (67,733)
Income tax expense (benefit) 2,039 299,222 (14,550)
Net loss $ (93,487) $ (432,311) $ (53,183)
Earnings Per Share, Diluted $ (0.59) $ (2.82) $ (0.35)
Weighted Average Number of Shares Outstanding, Diluted 158,579 153,113 153,348
Hardware      
Revenues, Total $ 545,267 $ 694,512 $ 907,975
Cost of revenue 400,419 499,882 650,085
Subscription and services      
Revenues, Total 106,275 106,961 97,484
Cost of revenue $ 31,957 $ 30,296 $ 31,801