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Employee Benefit Plans (Tables)
6 Months Ended
Jun. 29, 2025
Employee Benefit and Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of Shares Available for Grant
The following table sets forth the available shares for grants as of June 29, 2025:
 Number of Shares
(In thousands)
Shares available for grants as of December 31, 2024
3,356 
Additional authorized shares4,050 
Granted(3,719)
Forfeited / cancelled361 
Shares available for grants as of June 29, 2025
4,048 
Schedule of Stock Option Activity Stock option activity during the six months ended June 29, 2025 was as follows:
 Number of SharesWeighted Average Exercise Price Per Share
(In thousands)(In dollars)
Outstanding as of December 31, 2024
549 $13.24 
Granted — $— 
Exercised(94)$8.55 
Forfeited / cancelled(180)$— 
Expired— $14.39 
Outstanding as of June 29, 2025
275 $14.10 
Vested and exercisable as of June 29, 2025
275 $14.10 
Schedule of RSU Activity
RSU activity, exclusive of PSU activity, during the six months ended June 29, 2025 was as follows:
 Number of SharesWeighted Average Grant Date Fair Value Per Share
(In thousands)(In dollars)
Outstanding as of December 31, 2024
7,112 $7.76 
Granted1,854 $11.46 
Vested(2,470)$8.20 
Forfeited (178)$8.25 
Outstanding as of June 29, 2025
6,318 $8.66 
Schedule of PSU Activity
PSU activity during the six months ended June 29, 2025 was as follows:

Number of SharesWeighted Average Grant Date Fair Value Per Share
(In thousands)(In dollars)
Outstanding as of December 31, 2024
4,777 $9.24 
Granted 1,865 $11.22 
Vested (2,173)$8.21 
Forfeited (3)$8.28 
Outstanding as of June 29, 2025
4,466 $10.57 
Schedule of Stock-Based Compensation Expense
The following table sets forth the stock-based compensation expense included in our unaudited condensed consolidated statements of comprehensive income (loss):

 Three Months EndedSix Months Ended
June 29,
2025
June 30,
2024
June 29,
2025
June 30,
2024
(In thousands)
Cost of revenue$885 $1,292 $2,002 $2,663 
Research and development4,500 4,778 8,400 9,682 
Sales and marketing2,079 2,176 5,152 4,416 
General and administrative7,519 12,674 16,441 22,709 
Stock-based compensation, net of amounts capitalized$14,983 $20,920 $31,995 $39,470 
Capitalized stock-based compensation267 — 868 — 
Total stock-based compensation$15,250 $20,920 $32,863 $39,470