Our reported segment revenue, segment profit or loss, and significant segment expenses were as follows:


	Three Months Ended March 31,
(In thousands)	2026		2025
Revenue	$	79,036	$	92,326
Less:
Adjusted cost of sales (1)	58,423		66,227
Adjusted research and development expenses (2)	5,312		7,073
Adjusted operating expenses (3)	16,951		20,502
Other segment items (4)	5,682		4,798
Net income (loss)	$	(7,332)	$	(6,274)

(1)Cost of sales from the consolidated statements of operations, adjusted to exclude stock-based compensation and impairment expenses.

(2)R&D expenses from the consolidated statements of operations, adjusted to exclude stock-based compensation expense.

(3)Operating expenses less R&D expenses from the consolidated statements of operations, adjusted to exclude stock-based compensation, amortization of acquired intangible assets, factory restructuring charges, severance, lease abandonment costs and costs associated with our Roku litigation.

(4)Other segment items include the adjustments described in the notes above; as well as interest income (expense), net; other income (expense), net; and provision for income taxes.