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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenue $ 149,002 $ 151,654 $ 476,793 $ 445,764
Cost of products and services revenue 48,695 45,261 145,957 142,237
Gross profit 100,307 106,393 330,836 303,527
Operating expenses:        
Research and development 57,194 66,174 182,663 197,730
Selling, general and administrative 75,355 81,704 239,517 250,517
Gain on settlement 0 0 (49,900) 0
Total operating expenses 132,549 147,878 372,280 448,247
Loss from operations (32,242) (41,485) (41,444) (144,720)
Other income (expense):        
Interest income 5,199 4,971 13,156 14,422
Interest expense 3 (2) 0 (4)
Other income (expense), net (1,165) 2,078 3,574 982
Total other income 4,037 7,047 16,730 15,400
Loss before provision for income taxes (28,205) (34,438) (24,714) (129,320)
(Benefit from) provision for income taxes (733) 1,315 2,578 4,279
Net loss $ (27,472) $ (35,753) $ (27,292) $ (133,599)
Net loss per share, basic (in dollars per share) $ (0.22) $ (0.30) $ (0.22) $ (1.11)
Net loss per share, diluted (in dollars per share) $ (0.22) $ (0.30) $ (0.22) $ (1.11)
Weighted-average shares used to compute net loss per share, basic (in shares) 125,502,291 120,733,030 123,965,205 120,067,168
Weighted-average shares used to compute net loss per share, diluted (in shares) 125,502,291 120,733,030 123,965,205 120,067,168
Products and services revenue        
Revenue $ 148,019 $ 151,559 $ 430,999 $ 445,554
License and royalty revenue        
Revenue $ 983 $ 95 $ 45,794 $ 210