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BALANCE SHEET COMPONENTS (Tables)
3 Months Ended
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 process24,914 22,172 
Finished goods13,429 14,081 
Inventory, gross82,822 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, 2025As 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 relationships2360 (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 
20264,078 
20274,078 
20281,301 
2029745 
2030 and thereafter4,921 
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)
20252024
Balance at beginning of period$3,100 $4,681 
Additions charged to cost of product revenue1,311 1,600 
Repairs and replacements(1,552)(2,161)
Balance at end of period$2,859 $4,120