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INVENTORY
3 Months Ended
Mar. 31, 2025
Inventory Disclosure [Abstract]  
INVENTORY INVENTORY
Cadence’s inventory balances as of March 31, 2025 and December 31, 2024 were as follows:
 As of
 March 31,
2025
December 31,
2024
 (In thousands)
Inventories:
Raw materials$210,713 $243,244 
Work-in-process
— 1,216 
Finished goods14,908 13,251 
Total inventories$225,621 $257,711