XML 34 R27.htm IDEA: XBRL DOCUMENT v3.26.1
Revenues (Tables)
3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Summary of Net Revenues Based On Geography Location

The following tables present the Company’s net revenues disaggregated by geography based on the location of the customer, by product line (in thousands):

 

 

Three Months Ended March 31, 2026

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

United States

 

$

23,215

 

 

$

34,498

 

 

$

57,713

 

Europe

 

 

10,271

 

 

 

3,329

 

 

 

13,600

 

Asia Pacific

 

 

14,502

 

 

 

26,720

 

 

 

41,222

 

All other

 

 

61

 

 

 

373

 

 

 

434

 

 

$

48,049

 

 

$

64,920

 

 

$

112,969

 

 

 

 

Three Months Ended March 31, 2025

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

United States

 

$

13,535

 

 

$

23,307

 

 

$

36,842

 

Europe

 

 

7,773

 

 

 

2,100

 

 

 

9,873

 

Asia Pacific

 

 

12,801

 

 

 

34,286

 

 

 

47,087

 

All other

 

 

2

 

 

 

164

 

 

 

166

 

 

$

34,111

 

 

$

59,857

 

 

$

93,968

 

 

Summary of Net Revenues Disaggregated by Geography

The following tables present the Company’s net revenues disaggregated by the category of revenue, by product line (in thousands):

 

 

Three Months Ended March 31, 2026

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

Direct customers, contract manufacturers and
   non-stocking distributors

 

$

24,905

 

 

$

40,092

 

 

$

64,997

 

Stocking distributors, net of sales allowances

 

 

23,059

 

 

 

8,362

 

 

 

31,421

 

Non-recurring engineering

 

 

85

 

 

 

1,501

 

 

 

1,586

 

Royalties

 

 

 

 

 

14,965

 

 

 

14,965

 

Other

 

 

 

 

 

 

 

 

 

 

$

48,049

 

 

$

64,920

 

 

$

112,969

 

 

 

 

Three Months Ended March 31, 2025

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

Direct customers, contract manufacturers and
   non-stocking distributors

 

$

18,282

 

 

$

43,488

 

 

$

61,770

 

Stocking distributors, net of sales allowances

 

 

15,364

 

 

 

3,846

 

 

 

19,210

 

Non-recurring engineering

 

 

465

 

 

 

1,401

 

 

 

1,866

 

Royalties

 

 

 

 

 

10,762

 

 

 

10,762

 

Other

 

 

 

 

 

360

 

 

 

360

 

 

$

34,111

 

 

$

59,857

 

 

$

93,968

 

 

 

 

Summary of Changes in Contract Liabilities

The following table presents the changes in certain contract liabilities (in thousands):

 

 

March 31, 2026

 

 

December 31, 2025

 

 

Change

 

Short-term deferred revenue and customer prepayments

 

$

(2,155

)

 

$

(3,426

)

 

$

1,271

 

Sales allowances

 

 

(3,661

)

 

 

(3,136

)

 

 

(525

)