v3.26.1
Concentration of Credit Risk, Significant Customers and Geographic Information (Tables)
 6 Months Ended
Jun. 30, 2026
Risks and Uncertainties [Abstract]  
Schedule of Concentration of Risk, by Risk Factor
Customers comprising 10% or greater of net revenues for each of the periods presented are as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Percentage of total net revenue
Customer A*16 %11 %16 %
Customer B*16 %*14 %
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*    Represents less than 10% of the net revenue for the respective period.
The following table presents balances that are 10% or greater of gross accounts receivable, based on the Company’s billings to its customers.
June 30, 2026December 31, 2025
Percentage of gross accounts receivable
Customer C20 %*
Customer D12 %26 %
Customer E12 %*
Customer F*14 %
Customer G*10 %
Customer H*10 %
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*    Represents less than 10% of the gross accounts receivable for the respective period.
Significant Suppliers

Suppliers comprising 10% or greater of total inventory purchases are as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Vendor A57 %29 %54 %32 %
Vendor B13 %23 %15 %21 %
Vendor C*14 %*14 %
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*    Represents less than 10% of the total inventory purchases for the respective period.
Schedule of Revenue from External Customers by Geographic Areas
The Company’s consolidated net revenues by geographic area based on ship-to location are as follows (dollars in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Amount% of total net revenueAmount% of total net revenueAmount% of total net revenueAmount% of total net revenue
Asia $143,795 85 %$87,118 80 %$249,180 81 %$162,379 80 %
Europe15,028 9 %16,101 15 %31,317 10 %31,055 15 %
United States9,498 6 %5,223 5 %23,489 8 %10,752 5 %
Rest of world526 — %371 — %2,049 1 %560 — %
Total$168,847 100 %$108,813 100 %$306,035 100 %$204,746 100 %
The products shipped to individual countries or territories representing 10% or greater of total net revenue for each of the periods presented are as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Percentage of total net revenue
Hong Kong48 %50 %48 %49 %
Mainland China
13 %*12 %*
Vietnam13 %10 %10 %10 %
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*    Represents less than 10% of total net revenue for the respective period.
Schedule of Long-lived Assets by Geographic Areas
Long-lived assets, which consist of property and equipment, net, leased right-of-use assets, intangible assets, net, and goodwill by geographic area are as follows (dollars in thousands):
June 30, 2026December 31, 2025
Amount% of totalAmount% of total
United States$320,820 75 %$319,478 74 %
Singapore83,142 20 %92,519 21 %
Rest of world19,337 5 %19,862 5 %
Total$423,299 100 %$431,859 100 %