v3.26.3
Concentration of Credit Risk, Significant Customers and Geographic Information (Tables)
 9 Months Ended
Sep. 30, 2026
Risks and Uncertainties [Abstract]  
Schedule of Concentration of Risk, by Risk Factor
Customers comprising 10% or greater of net revenues for each of the periods presented are as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Percentage of total net revenue
Customer A*18 %10 %17 %
Customer B*11 %*13 %
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*    Represents less than 10% of the net revenue for the respective period.
The following table presents balances that are 10% or greater of gross accounts receivable, based on the Company’s billings to its customers.
September 30, 2026December 31, 2025
Percentage of gross accounts receivable
Customer C15 %26 %
Customer D15 %*
Customer E12 %14 %
Customer F*10 %
Customer G*10 %
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*    Represents less than 10% of the gross accounts receivable for the respective period.
Significant Suppliers

Suppliers comprising 10% or greater of total inventory purchases are as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Vendor A52 %34 %54 %33 %
Vendor B*25 %12 %23 %
Vendor C*18 %*15 %
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*    Represents less than 10% of the total inventory purchases for the respective period.
Schedule of Revenue from External Customers by Geographic Areas
The Company’s consolidated net revenues by geographic area based on ship-to location are as follows (dollars in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Amount% of total net revenueAmount% of total net revenueAmount% of total net revenueAmount% of total net revenue
Asia $194,509 89 %$105,592 83 %$443,689 85 %$267,971 81 %
Europe13,133 6 %16,343 13 %44,450 8 %47,398 14 %
United States8,165 4 %3,565 3 %31,654 6 %14,317 4 %
Rest of world2,250 1 %959 1 %4,299 1 %1,519 1 %
Total$218,057 100 %$126,459 100 %$524,092 100 %$331,205 100 %
The products shipped to individual countries or territories representing 10% or greater of total net revenue for each of the periods presented are as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Percentage of total net revenue
Hong Kong52 %46 %50 %48 %
Mainland China
12 %*12 %*
Vietnam12 %15 %11 %12 %
____________________________
*    Represents less than 10% of total net revenue for the respective period.
Schedule of Long-lived Assets by Geographic Areas
Long-lived assets, which consist of property and equipment, net, leased right-of-use assets, intangible assets, net, and goodwill by geographic area are as follows (dollars in thousands):
September 30, 2026December 31, 2025
Amount% of totalAmount% of total
United States$323,167 76 %$319,478 74 %
Singapore79,605 19 %92,519 21 %
Rest of world19,233 5 %19,862 5 %
Total$422,005 100 %$431,859 100 %