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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenue:        
Total revenue $ 38,441 $ 39,967 $ 115,360 $ 114,790
Cost of Revenue:        
Amortization of acquired intangible assets 183 3,201 4,711 7,172
Loss on purchase commitment 75 0 4,167 998
Total cost of revenue 22,540 29,963 86,146 87,566
Gross profit 15,901 10,004 29,214 27,224
Operating Expense:        
Research and development 22,846 25,516 74,428 107,456
Sales, general and administrative 31,099 43,746 107,442 133,376
Impairment charges 0 0 15,000 93,200
Amortization of acquired intangible assets 833 3,649 363,708 13,377
Change in fair value of contingent consideration 0 1,170 (18,700) 1,100
Total operating expense 54,778 74,081 541,878 348,509
Operating loss (38,877) (64,077) (512,664) (321,285)
Interest expense (1,739) (3,538) (5,214) (10,655)
Other income, net 2,999 6,890 11,989 19,718
Loss before income taxes (37,617) (60,725) (505,889) (312,222)
Income tax provision 383 0 116 0
Consolidated net loss (38,000) (60,725) (506,005) (312,222)
Other comprehensive income:        
Unrealized gain (loss) on investments 148 2,076 (7) 1,334
Comprehensive loss $ (37,852) $ (58,649) $ (506,012) $ (310,888)
Net loss per share:        
Basic (in dollars per share) $ (0.13) $ (0.22) $ (1.69) $ (1.15)
Diluted (in dollars per share) $ (0.13) $ (0.22) $ (1.69) $ (1.15)
Weighted average shares outstanding used in calculating net loss per share:        
Basic (in shares) 300,844 272,915 299,303 271,631
Diluted (in shares) 300,844 272,915 299,303 271,631
Product revenue        
Revenue:        
Total revenue $ 32,597 $ 35,296 $ 96,793 $ 102,051
Cost of Revenue:        
Cost of revenue 19,204 23,278 65,559 68,808
Service and other revenue        
Revenue:        
Total revenue 5,844 4,671 18,567 12,739
Cost of Revenue:        
Cost of revenue $ 3,078 $ 3,484 $ 11,709 $ 10,588