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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Statement [Abstract]        
NET REVENUES $ 83,043 $ 85,782 $ 257,219 $ 245,758
OPERATING EXPENSES        
Cost of sales (exclusive of amortization of acquired intangible assets) 18,704 15,609 52,713 44,022
Research and development 12,960 12,323 38,335 40,268
Selling, general and administrative 55,907 50,499 172,592 150,082
Amortization of acquired intangible assets 2,276 2,272 32,562 6,766
Total operating expenses, net 89,847 80,703 296,202 241,138
Operating (loss) income (6,804) 5,079 (38,983) 4,620
Interest income 2,833 3,404 8,876 9,544
Changes in fair value of equity securities 3,561 0 3,321 0
Interest expense (24) (201) (62) (485)
Other expense 48 0 48 0
(Loss) income before income taxes (386) 8,282 (26,800) 13,679
Income tax expense (benefit) 115 6,013 (4,974) 5,024
Net (loss) income $ (501) $ 2,269 $ (21,826) $ 8,655
Earnings (loss) per share:        
Basic (in dollars per share) $ (0.02) $ 0.08 $ (0.76) $ 0.31
Diluted (in dollars per share) $ (0.02) $ 0.08 $ (0.76) $ 0.30
Weighted-average shares outstanding:        
Basic (in shares) 29,073 27,840 28,868 27,659
Diluted (in shares) 29,073 29,401 28,868 28,838