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BALANCE SHEET COMPONENTS (Tables) | 3 Months Ended
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Mar. 31, 2025
Balance Sheet Components [Abstract] |
Schedule of Inventory | Our inventory, net, consisted of the following components:
(In thousands) | March 31, 2025 |  | December 31, 2024
Purchased materials | $ | 44,479 |  |  | $ | 45,270 |
Work in process | 24,914 |  |  | 22,172 |
Finished goods | 13,429 |  |  | 14,081 |
Inventory, gross | 82,822 |  |  | 81,523 |
Inventory reserve | (28,815) |  |  | (22,768) |
Inventory, net | $ | 54,007 |  |  | $ | 58,755 |
Schedule of Impaired Intangible Assets | Changes to IPR&D during the three months ended March 31, 2025 were as follows:
(In thousands) |  |
Balance as of December 31, 2024 |  | $ | 15,000 |
Impairment charge |  | (15,000) |
Balance as of March 31, 2025 |  | $ | — |
Schedule of Finite-Lived Intangible Assets From Business Acquisitions | In addition to IPR&D, we had the following acquired finite-lived intangible assets:
|  |  | As of March 31, 2025 |  | As of December 31, 2024
(In thousands, except years) | Estimated Useful Life (in years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Developed technology | 3 — 15 |  | $ | 421,179 |  |  | $ | (402,997) |  |  | $ | 18,182 |  |  | $ | 411,179 |  |  | $ | (36,607) |  |  | $ | 374,572 |
Customer relationships | 2 |  | 360 |  |  | (360) |  |  | — |  |  | 360 |  |  | (360) |  |  | — |
Total |  |  | $ | 421,539 |  |  | $ | (403,357) |  |  | $ | 18,182 |  |  | $ | 411,539 |  |  | $ | (36,967) |  |  | $ | 374,572 |
Schedule of Estimated Future Amortization Expense of Acquisition-Related Intangible Assets with Definite Lives | The estimated future amortization expense of intangible assets with finite lives is as follows:
(In thousands) |
Remainder of 2025 | $ | 3,059 |
2026 | 4,078 |
2027 | 4,078 |
2028 | 1,301 |
2029 | 745 |
2030 and thereafter | 4,921 |
Total | $ | 18,182 |
Schedule of Changes in Reserve for Product Warranties | Changes in the reserve for product warranties were as follows for the periods indicated:
| Three Months Ended March 31, |  |
(In thousands) | 2025 |  | 2024 |  |  |  |
Balance at beginning of period | $ | 3,100 |  |  | $ | 4,681 |  |  |  |  |
Additions charged to cost of product revenue | 1,311 |  |  | 1,600 |  |  |  |  |
Repairs and replacements | (1,552) |  |  | (2,161) |  |  |  |  |
Balance at end of period | $ | 2,859 |  |  | $ | 4,120 |  |  |  |  |

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- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 460 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482425/460-10-50-8 + Details
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