v3.26.1
Reportable Segment (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Revenue, Segment Profit or Loss, and Significant Segment Expenses
Our reported segment revenue, segment profit or loss, and significant segment expenses were as follows:

Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2026202520262025
Revenue$73,238 $97,665 $152,274 $189,991 
Less:
     Adjusted cost of sales (1)
47,320 68,457 105,742 134,684 
     Adjusted research and development expenses (2)
4,243 6,835 9,555 13,908 
     Adjusted operating expenses (3)
15,886 19,509 32,837 40,011 
     Other segment items (4)
4,148 5,776 9,831 10,574 
Net income (loss)$1,641 $(2,912)$(5,691)$(9,186)
(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.