v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue:    
Total revenue $ 55,457 $ 54,077
Operating expenses:    
Cost of goods sold 34,379 31,528
Research and development 38,528 42,115
Selling, general, and administrative 21,419 19,367
Total operating expenses 94,326 93,010
Loss from operations (38,869) (38,933)
Other income (expense), net:    
Interest income 873 2,267
Interest expense (4,343) (4,516)
Gain (loss) from change in fair value of contingent considerations and acquisition-related holdbacks (1,085) 4,803
Loss from extinguishment of debt (3,656) 0
Other expense (361) (736)
Total other income (expense), net (8,572) 1,818
Net loss before income taxes (47,441) (37,115)
Income tax benefit (provision) 319 (56)
Net loss (47,122) (37,171)
Less: Net loss attributable to noncontrolling interest (3,930) (2,625)
Net loss attributable to indie Semiconductor, Inc. (43,192) (34,546)
Net loss attributable to common shares - basic (43,192) (34,546)
Net loss attributable to common shares - diluted $ (43,192) $ (34,546)
Net loss per share attributable to common shares - basic $ (0.21) $ (0.18)
Net loss per share attributable to common shares - diluted $ (0.21) $ (0.18)
Weighted average common shares outstanding - basic 207,026,562 191,463,848
Weighted average common shares outstanding - diluted 207,026,562 191,463,848
Product revenue    
Revenue:    
Total revenue $ 51,567 $ 50,420
Contract revenue    
Revenue:    
Total revenue $ 3,890 $ 3,657