Balance Sheet Details

12 Months Ended

Dec. 31, 2025

Balance Sheet Related Disclosures [Abstract]

11. Balance Sheet Details

Inventories (1)

Inventories consisted of the following:


	As of December 31,
(In thousands)	2025		2024
Raw materials	$	17,255	$	14,777
Work in process		17,039		9,646
Finished goods		9,804		20,211
Total	$	44,098	$	44,634

(1)

As of December 31, 2025 and 2024, the Company had inventory reserve balances of approximately $8.1 million and $6.7 million included in the Consolidated Balance Sheets, respectively.

Property and Equipment, net

Property and equipment, net is comprised of the following:


	As of December 31,
(In thousands)	2025			2024
Computer software	$	57,147		$	44,745
Computer equipment		41,005			38,282
Leasehold improvements		36,343			31,973
Machinery		66,882			49,204
Furniture and fixtures		14,739			14,164
Construction in progress		7,413			7,789
Property and equipment, gross		223,529			186,157
Less accumulated depreciation and amortization		(110,478	)		(110,648	)
Property and equipment, net	$	113,051		$	75,509

Depreciation expense for the years ended December 31, 2025, 2024 and 2023 was $30.8 million, $26.1 million and $37.7 million, respectively.

Other Current Liabilities

Other current liabilities are comprised of the following:


	As of December 31,
(In thousands)	2025		2024
Price protection liability	$	7,865	$	4,677
Other current liabilities		3,576		5,462
Total	$	11,441	$	10,139

Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss is comprised of the following:


	As of December 31,
(In thousands)	2025			2024
Foreign currency translation adjustments	$	(740	)	$	(1,144	)
Unrealized gain (loss) on available-for-sale securities, net of tax		616			(116	)
Total	$	(124	)	$	(1,260	)