v3.26.1
Segment and Geographic Information
 6 Months Ended
Jun. 28, 2026
Segment Reporting [Abstract]  
Segment and Geographic Information Segment and Geographic Information
Segment information

We operate as one operating and reportable segment. Our Chief Executive Officer (“CEO”) is identified as the Chief Operating Decision Maker (“CODM”), who reviews financial information presented on a consolidated basis and considers budget-to-actual variances quarterly for allocation of operating and capital resources and evaluation of financial performance. The CODM does not review segment assets at a different asset level and category. The consolidated net income (loss) is the measure of segment net income (loss) that is most consistent with U.S. GAAP.

The CODM is regularly provided with not only the consolidated expenses on our unaudited condensed consolidated statements of operations and comprehensive income (loss), but also the significant segment expenses and other segment items as below:

Three Months EndedSix Months Ended
June 28,
2026		June 29,
2025		June 28,
2026		June 29,
2025
(In thousands)
Revenue$155,937 $129,405 $306,319 $248,471 
Less:
Cost of revenue80,721 71,330 158,435 137,669 
Operating expenses:
Personnel-related expense21,395 18,709 41,262 36,277 
Stock-based compensation20,575 14,098 38,935 29,993 
Outside professional services15,417 11,097 29,441 22,608 
Marketing expenditure5,336 5,788 10,417 10,043 
Credit card and in-app processing fee4,360 4,422 9,282 8,104 
Other segment items (1)
3,951 489 4,996 (5)
Depreciation and amortization436 518 877 1,075 
Gain on sale of long-term investment
— — (6,423)— 
Interest expense286 84 345 170 
Provision (benefit) for income taxes432 (254)847 248 
Segment net income (loss)$3,028 $3,124 $17,905 $2,289 
Reconciliation of profit or loss:
Adjustments and reconciling items— — — — 
Consolidated net income (loss)$3,028 $3,124 $17,905 $2,289 
_________________________
(1)Other segment items include acquisition-related expense, corporate IT and facility overhead, freight out expense, workforce reduction costs, interest income, foreign currency exchange gain (loss), net and others.
Geographic information for revenue

Revenue consists of subscriptions and services revenue and product sales, less allowances for estimated sales returns, price protection, end-user customer rebates, net changes in deferred revenue, and other channel sales incentives deemed to be a reduction of revenue per the authoritative guidance. Sales and usage-based taxes are excluded from revenue. For reporting purposes, revenue by geographic area is generally based upon the bill-to location of the customer. The following table presents revenue by geographic area.

Three Months EndedSix Months Ended
June 28,
2026		June 29,
2025		June 28,
2026		June 29,
2025
(In thousands)
United States$86,875 $79,457 $168,548 $147,360 
Spain38,418 25,653 77,567 56,820 
Sweden22,700 13,086 43,450 22,538 
Other countries7,944 11,209 16,754 21,753 
Total$155,937 $129,405 $306,319 $248,471 

Geographic information for long-lived assets

Long-lived assets include property and equipment, net and operating lease right-of-use assets, net. Our long-lived assets are based on the physical location of the assets. The following table presents long-lived assets by geographic area.
As of
June 28,
2026		December 31,
2025
(In thousands)
United States$22,665 $20,242 
Other countries1,491 2,111 
Total$24,156 $22,353