v3.26.3
Segment and Geographic Information
 9 Months Ended
Sep. 27, 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 is the measure of segment net income 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, but also the significant segment expenses and other segment items set out below:

Three Months EndedNine Months Ended
September 27,
2026		September 28,
2025		September 27,
2026		September 28,
2025
(In thousands)
Revenue$149,177 $139,529 $455,496 $388,000 
Less:
Cost of revenue79,815 83,023 238,250 220,692 
Operating expenses:
Personnel-related expense20,892 18,165 62,154 54,441 
Stock-based compensation20,519 12,525 59,453 42,518 
Outside professional services14,949 12,176 44,389 34,785 
Marketing expenditure4,769 4,680 15,188 14,724 
Credit card and in-app processing fee4,248 4,582 13,530 12,686 
Other segment items (1)
972 865 5,968 859 
Depreciation and amortization600 534 1,477 1,609 
Gain on early lease termination— (4,144)— (4,144)
Gain on sale of long-term investment— — (6,423)— 
Interest expense214 96 559 266 
Provision for income taxes1,337 154 2,184 402 
Segment net income$862 $6,873 $18,767 $9,162 
Reconciliation:
Adjustments and reconciling items— — — — 
Consolidated net income$862 $6,873 $18,767 $9,162 
_________________________
(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 EndedNine Months Ended
September 27,
2026		September 28,
2025		September 27,
2026		September 28,
2025
(In thousands)
United States$88,243 $81,270 $256,791 $228,630 
Spain32,818 32,195 110,386 89,015 
Sweden19,706 13,614 63,155 36,152 
Other countries8,410 12,450 25,164 34,203 
Total$149,177 $139,529 $455,496 $388,000 

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
September 27,
2026		December 31,
2025
(In thousands)
United States$24,998 $20,242 
Other countries1,432 2,111 
Total$26,430 $22,353