v3.26.1
Revenue (Tables)
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue

The following tables present revenue disaggregated by geography of the shipping location for the three and six months ended June 30, 2026 and 2025:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

United States

 

$

4,800

 

 

$

7,676

 

 

$

10,889

 

 

$

16,747

 

Greater China

 

 

37,265

 

 

 

22,983

 

 

 

69,504

 

 

 

41,747

 

Europe

 

 

11,544

 

 

 

2,762

 

 

 

21,824

 

 

 

7,971

 

South Korea

 

 

3,854

 

 

 

12,885

 

 

 

6,944

 

 

 

23,784

 

Rest of Asia Pacific

 

 

4,595

 

 

 

867

 

 

 

7,238

 

 

 

1,995

 

Rest of North America

 

 

1,909

 

 

 

4,074

 

 

 

2,995

 

 

 

12,366

 

South America

 

 

42

 

 

 

387

 

 

 

72

 

 

 

1,101

 

Total

 

$

64,009

 

 

$

51,634

 

 

$

119,466

 

 

$

105,711

 

Schedule of Contract Liabilities

The following table presents the assets and liabilities associated with the engineering services contracts recorded on the condensed consolidated balance sheet as of June 30, 2026 and December 31, 2025:

 

 

Balance Sheet Classification

 

June 30,
2026

 

 

December 31,
2025

 

Unbilled revenue

 

Prepaid expenses and other current assets

 

$

6,189

 

 

$

4,814

 

Contract liabilities

 

Accrued expenses and other current liabilities

 

$

4,011

 

 

$

4,601