v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY AND NONCONTROLLING INTEREST - USD ($)
$ in Thousands
Total
Common Stock Class A
Common Stock Class V
Common Stock
Common Stock Class A
Common Stock
Common Stock Class V
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Total Stockholders' Equity Attributable to indie Semiconductor, Inc.
Noncontrolling Interest
Beginning balance (in shares) at Dec. 31, 2024       189,163,408 17,671,251          
Beginning balance at Dec. 31, 2024 $ 445,395     $ 19 $ 2 $ 936,564 $ (494,044) $ (24,655) $ 417,886 $ 27,509
Issuance per net settlement of equity awards and cash exercise of stock options (in shares)       3,446,663            
Issuance per net settlement of equity awards and cash exercise of stock options 472         78     78 394
Issuance per Exchange of Class V to Class A (in shares)       50,000 (50,000)          
Issuance per Exchange of ADK LLC units to Class A (in shares)       44,863            
Share-based compensation 16,561         16,561     16,561  
Issuance per settlement of contingent considerations (in shares)       1,680,579            
Issuance per settlement of contingent considerations 4,130         3,685     3,685 445
Net loss (37,171)           (34,546)   (34,546) (2,625)
Foreign currency translation adjustment 2,346             1,904 1,904 442
Ending balance (in shares) at Mar. 31, 2025       194,385,513 17,621,251          
Ending balance at Mar. 31, 2025 431,733     $ 19 $ 2 956,888 (528,590) (22,751) 405,568 26,165
Beginning balance (in shares) at Dec. 31, 2024       189,163,408 17,671,251          
Beginning balance at Dec. 31, 2024 445,395     $ 19 $ 2 936,564 (494,044) (24,655) 417,886 27,509
Net loss (78,789)                  
Ending balance (in shares) at Jun. 30, 2025       196,642,842 17,621,251          
Ending balance at Jun. 30, 2025 415,096     $ 20 $ 2 963,886 (567,628) (5,873) 390,407 24,689
Beginning balance (in shares) at Mar. 31, 2025       194,385,513 17,621,251          
Beginning balance at Mar. 31, 2025 431,733     $ 19 $ 2 956,888 (528,590) (22,751) 405,568 26,165
Issuance per net settlement of equity awards and cash exercise of stock options (in shares)       2,227,729            
Issuance per net settlement of equity awards and cash exercise of stock options 44     $ 1   (167)     (166) 210
Issuance on earn out awards (in shares)       29,600            
Share-based compensation 7,165         7,165     7,165  
Net loss (41,618)           (39,038)   (39,038) (2,580)
Foreign currency translation adjustment 17,772             16,878 16,878 894
Ending balance (in shares) at Jun. 30, 2025       196,642,842 17,621,251          
Ending balance at Jun. 30, 2025 415,096     $ 20 $ 2 963,886 (567,628) (5,873) 390,407 24,689
Beginning balance (in shares) at Dec. 31, 2025   204,098,653 16,521,251 204,098,653 16,521,251          
Beginning balance at Dec. 31, 2025 384,013     $ 20 $ 2 998,730 (637,110) (3,611) 358,031 25,982
Issuance per net settlement of equity awards and cash exercise of stock options (in shares)       4,347,132            
Issuance per net settlement of equity awards and cash exercise of stock options 456     $ 1   (1,177)     (1,176) 1,632
Issuance per Exchange of Class V to Class A (in shares)       656,100 (656,100)          
Issuance per Exchange of ADK LLC units to Class A (in shares)       6,677            
Share-based compensation 16,210         16,210     16,210  
Net loss (47,122)           (43,192)   (43,192) (3,930)
Foreign currency translation adjustment (4,607)             (5,276) (5,276) 669
Ending balance (in shares) at Mar. 31, 2026       209,108,562 15,865,151          
Ending balance at Mar. 31, 2026 348,950     $ 21 $ 2 1,013,763 (680,302) (8,887) 324,597 24,353
Beginning balance (in shares) at Dec. 31, 2025   204,098,653 16,521,251 204,098,653 16,521,251          
Beginning balance at Dec. 31, 2025 384,013     $ 20 $ 2 998,730 (637,110) (3,611) 358,031 25,982
Share Repurchase in connection with 2027 Notes (in shares)   0                
Net loss (86,076)                  
Ending balance (in shares) at Jun. 30, 2026   214,506,469 13,915,151 214,506,469 13,915,151          
Ending balance at Jun. 30, 2026 322,162     $ 21 $ 1 1,025,213 (717,377) (13,186) 294,672 27,490
Beginning balance (in shares) at Mar. 31, 2026       209,108,562 15,865,151          
Beginning balance at Mar. 31, 2026 348,950     $ 21 $ 2 1,013,763 (680,302) (8,887) 324,597 24,353
Issuance per net settlement of equity awards and cash exercise of stock options (in shares)       2,296,940            
Issuance per net settlement of equity awards and cash exercise of stock options 1         (3,918)     (3,918) 3,919
Issuance per net settlement of bonus (in shares)       1,150,967            
Issuance per net settlement of bonus 3,566         3,566     3,566  
Issuance per Exchange of Class V to Class A (in shares)       1,950,000 (1,950,000)          
Issuance per Exchange of Class V to Class A (1)       $ (1)       (1)  
Share-based compensation 11,802         11,802     11,802  
Net loss (38,954)           (37,075)   (37,075) (1,879)
Foreign currency translation adjustment (3,202)             (4,299) (4,299) 1,097
Ending balance (in shares) at Jun. 30, 2026   214,506,469 13,915,151 214,506,469 13,915,151          
Ending balance at Jun. 30, 2026 $ 322,162     $ 21 $ 1 $ 1,025,213 $ (717,377) $ (13,186) $ 294,672 $ 27,490