v3.26.1
REVENUE (Tables)
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Sales to Distributors and Direct Sales to OEMs and Power-supply Manufacturers
Sales to distributors and direct sales to OEMs and power-supply CMs contributed to the Company’s net revenue as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
(In thousands)2026202520262025
Sales to distributors$86,103 $81,298 $162,842 $156,462 
Sales to OEMs and CMs32,836 34,554 64,405 64,919 
Total net revenue$118,939 $115,852 $227,247 $221,381 
Schedules of Concentration of Risk, by Risk Factor
The following customers represented 10% or more of the Company’s net revenue for the respective periods:
Three Months Ended
June 30,
Six Months Ended
June 30,
Customer2026202520262025
Customer A33 %33 %31 %32 %
Customer B11 %*10 %*
Customer C11 %11 %10 %*
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*Total customer revenue was less than 10% of net revenue.
The following customers represented 10% or more of accounts receivable at June 30, 2026 and December 31, 2025:
CustomerJune 30,
2026
December 31,
2025
Customer A38 %32 %
Customer B**
Customer C13 %18 %
Customer D11 %11 %
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*Total customer accounts receivable was less than 10% of accounts receivable.
Schedules of Geographic Net Revenue
The Company markets its products globally through its sales personnel and a worldwide network of independent sales representatives and distributors. Net revenue by region and country with 10% or more of the Company’s revenue during any of the periods presented, based on “bill to” customer locations were as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
(In thousands)2026202520262025
Americas$4,659 $5,850 $11,742 $11,567 
EMEA17,430 12,756 32,555 24,047 
APAC:
Hong Kong/China53,179 67,691 103,150 124,179 
Singapore15,917 3,979 22,018 6,642 
Other APAC27,754 25,576 57,782 54,946 
Total net revenue$118,939 $115,852 $227,247 $221,381