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Segment Information | 6 Months Ended
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Jun. 30, 2026
Segment Reporting [Abstract] |
Segment Information | Note 9. Segment Information We have one reportable and operating segment: developing and selling our RAIN products and services. We identified our operating segment based on how our chief operating decision-maker, or CODM, manages our business, makes operating decisions and evaluates our operating performance. Our chief executive officer acts as the CODM and reviews financial and operational information on an entity-wide basis. Accordingly, we have determined we have a single reportable and operating segment. Our CODM reviews information about our revenue categories: Endpoint ICs, including licensing revenue, and systems, defined as reader ICs, readers, gateways, label production systems and software. The following table presents our revenue categories for the indicated periods (in thousands):
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2026 |  |  | 2025 |  |  | 2026 |  |  | 2025 |
Endpoint ICs |  | $ | 96,401 |  |  | $ | 84,619 |  |  | $ | 159,610 |  |  | $ | 145,837 |
Systems |  |  | 11,970 |  |  |  | 13,275 |  |  |  | 23,011 |  |  |  | 26,334 |
Total revenue |  | $ | 108,371 |  |  | $ | 97,894 |  |  | $ | 182,621 |  |  | $ | 172,171 |
Significant Segment Expenses As our CODM manages operations on a consolidated basis, consolidated net income (loss) as reported in our Statement of Operations is the GAAP measure that we use to make operating decisions and evaluate operating performance. The significant expense categories we use to manage operations are those reflected in our Condensed Consolidated Statement of Operations.

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