XML 49 R36.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Acquisitions and Divestitures (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Business Acquisition [Line Items] |
Schedule of Carrying Amount of Note | The Company elected to present accrued interest within the carrying amount of note receivable, noncurrent, in the consolidated balance sheets. As of December 31, 2024, the carrying amount of the Tobii Note is as follows (in thousands):
|  | December 31, 2024 |
Outstanding principal amount |  | $ | 27,676 |
Add: interest accrued to date |  |  | 2,026 |
Carrying amount—note receivable, noncurrent |  | $ | 29,702 |
Schedule of Deferred Cash Consideration | The deferred consideration consists of guaranteed future cash payments, which are scheduled to be made by Tobii in four annual payments as follows (in thousands):
Date of Payment: |  | Amount |
February 15, 2028 |  | $ | 3,000 |
February 15, 2029 |  |  | 2,250 |
February 15, 2030 |  |  | 4,500 |
February 15, 2031 |  |  | 5,250 |
Total future payments |  | $ | 15,000 |
Schedule of Net Carrying Amount of Deferred Consideration | As of December 31, 2024, the net carrying amount of the deferred consideration is as follows (in thousands):
|  | December 31, 2024 |
Total deferred consideration |  | $ | 15,000 |
Less: unamortized discount on deferred consideration |  |  | (8,197 | )
Net carrying amount |  | $ | 6,803 |
Summary of the Carrying Amounts of Assets and Liabilities Classified as Held for Sale | The following table summarizes the carrying amounts of assets and liabilities classified as held for sale in connection with the AutoSense Divestiture on the Company’s consolidated balance sheets as of December 31, 2023 (in thousands):
|  | December 31, 2023 |
|  | Current |  |  | Noncurrent |  |  | Total |
Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 12,349 |  |  | $ | — |  |  | $ | 12,349 |
Accounts receivable, net |  |  | 1,323 |  |  |  | — |  |  |  | 1,323 |
Unbilled contracts receivable, net |  |  | 1,209 |  |  |  | 5,320 |  |  |  | 6,529 |
Prepaid expenses and other current assets |  |  | 979 |  |  |  | — |  |  |  | 979 |
Property and equipment, net |  |  | — |  |  |  | 2,391 |  |  |  | 2,391 |
Operating lease right-of-use assets |  |  | — |  |  |  | 3,346 |  |  |  | 3,346 |
Other noncurrent assets |  |  | — |  |  |  | 1,192 |  |  |  | 1,192 |
Total assets held for sale (1) |  | $ | 15,860 |  |  | $ | 12,249 |  |  | $ | 28,109 |
Liabilities: |  |  |  |  |  |  |  |  |
Accounts payable |  | $ | 244 |  |  | $ | — |  |  | $ | 244 |
Accrued liabilities |  |  | 4,821 |  |  |  | — |  |  |  | 4,821 |
Deferred revenue |  |  | 1,126 |  |  |  | — |  |  |  | 1,126 |
Operating lease liabilities, noncurrent |  |  | — |  |  |  | 2,741 |  |  |  | 2,741 |
Other noncurrent liabilities |  |  | — |  |  |  | 7,064 |  |  |  | 7,064 |
Total liabilities held for sale |  | $ | 6,191 |  |  | $ | 9,805 |  |  | $ | 15,996 |
Net assets held for sale |  | $ | 9,669 |  |  | $ | 2,444 |  |  | $ | 12,113 |
(1) Total assets held for sale also included certain fully amortized finite-lived intangible assets with an original cost of $35.2 million.
Schedule of Net Carrying Amount of Holdback Consideration | As of December 31, 2024, the net carrying amount of the holdback consideration is as follows (in thousands):
|  | December 31, 2024 |
Holdback consideration |  | $ | 12,000 |
Less: unamortized discount on holdback consideration |  |  | (586 | )
Net carrying amount |  | $ | 11,414 |
Perceive Corporation |
Business Acquisition [Line Items] |
Summary of the Carrying Amounts of Assets and Liabilities Classified as Held for Sale | the Company derecognized the carrying amounts of the following assets and liabilities (in thousands):
|  | October 2, 2024 |
|  | Current |  |  | Noncurrent |  |  | Total |
Assets: |  |  |  |  |  |  |  |  |
Prepaid expenses and other current assets |  | $ | 1,306 |  |  | $ | — |  |  | $ | 1,306 |
Property and equipment, net |  |  | — |  |  |  | 95 |  |  |  | 95 |
Operating lease right-of-use assets |  |  | — |  |  |  | 72 |  |  |  | 72 |
Other noncurrent assets |  |  | — |  |  |  | 4 |  |  |  | 4 |
Total assets held for sale |  | $ | 1,306 |  |  | $ | 171 |  |  | $ | 1,477 |
Liabilities: |  |  |  |  |  |  |  |  |
Accrued liabilities |  |  | 67 |  |  |  | — |  |  |  | 67 |
Operating lease liabilities, noncurrent |  |  | — |  |  |  | 6 |  |  |  | 6 |
Total liabilities held for sale |  | $ | 67 |  |  | $ | 6 |  |  | $ | 73 |
Net assets held for sale |  | $ | 1,239 |  |  | $ | 165 |  |  | $ | 1,404 |
Tobii AB |
Business Acquisition [Line Items] |
Schedule of Principal Payments | The Tobii Note has the following scheduled principal repayments (in thousands):
Date of Principal Payment: |  | Amount |
April 1, 2027 |  | $ | 10,000 |
April 1, 2028 |  |  | 10,000 |
April 1, 2029 |  |  | 7,676 |
Total principal payments |  | $ | 27,676 |
The Company elected to present accrued interest within the carrying amount of note receivable, noncurrent, in the consolidated balance sheets. As of December 31, 2024, the carrying amount of the Tobii Note is as follows (in thousands):
|  | December 31, 2024 |
Outstanding principal amount |  | $ | 27,676 |
Add: interest accrued to date |  |  | 2,026 |
Carrying amount—note receivable, noncurrent |  | $ | 29,702 |
Summary of the Carrying Amounts of Assets and Liabilities Classified as Held for Sale | the Company derecognized the carrying amounts of the following assets and liabilities (in thousands):
|  | January 31, 2024 |
|  | Current |  |  | Noncurrent |  |  | Total |
Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 11,025 |  |  | $ | — |  |  | $ | 11,025 |
Accounts receivable, net |  |  | 3,392 |  |  |  | — |  |  |  | 3,392 |
Unbilled contracts receivable, net |  |  | 1,398 |  |  |  | 5,320 |  |  |  | 6,718 |
Prepaid expenses and other current assets |  |  | 812 |  |  |  | — |  |  |  | 812 |
Property and equipment, net |  |  | — |  |  |  | 2,291 |  |  |  | 2,291 |
Operating lease right-of-use assets |  |  | — |  |  |  | 3,272 |  |  |  | 3,272 |
Other noncurrent assets |  |  | — |  |  |  | 2,887 |  |  |  | 2,887 |
Total assets held for sale (1) |  | $ | 16,627 |  |  | $ | 13,770 |  |  | $ | 30,397 |
Liabilities: |  |  |  |  |  |  |  |  |
Accounts payable |  | $ | 248 |  |  | $ | — |  |  | $ | 248 |
Accrued liabilities |  |  | 4,933 |  |  |  | — |  |  |  | 4,933 |
Deferred revenue |  |  | 1,114 |  |  |  | — |  |  |  | 1,114 |
Operating lease liabilities, noncurrent |  |  | — |  |  |  | 2,708 |  |  |  | 2,708 |
Other noncurrent liabilities |  |  | — |  |  |  | 7,064 |  |  |  | 7,064 |
Total liabilities held for sale |  | $ | 6,295 |  |  | $ | 9,772 |  |  | $ | 16,067 |
Net assets held for sale |  | $ | 10,332 |  |  | $ | 3,998 |  |  | $ | 14,330 |
(1) Total assets held for sale also included certain fully amortized finite-lived intangible assets with an original cost of $35.2 million.
Vewd |
Business Acquisition [Line Items] |
Schedule of Estimated Fair Value that Allocated to Assets and Liabilities | The following table presents the allocation of the purchase price to the identifiable assets acquired and liabilities assumed based on the fair values at the acquisition date (fair value amounts in thousands):
|  | Estimated Useful Life (years) |  |  |  |  |  | Estimated Fair Value |
Cash and cash equivalents |  |  |  |  |  |  |  | $ | 2,684 |
Accounts receivable |  |  |  |  |  |  |  |  | 3,341 |
Unbilled contracts receivable |  |  |  |  |  |  |  |  | 2,335 |
Other current assets |  |  |  |  |  |  |  |  | 1,208 |
Property and equipment |  |  |  |  |  |  |  |  | 443 |
Operating lease right-of-use assets |  |  |  |  |  |  |  |  | 2,020 |
Identifiable intangible assets: |  |  |  |  |  |  |  |  |
Technology |  | 7 |  |  |  | 28,050 |  |  |  |
Customer relationships - large |  | 7 |  |  |  | 4,900 |  |  |  |
Customer relationships - small |  | 4 |  |  |  | 3,500 |  |  |  |
Non-compete agreements |  | 2 |  |  |  | 870 |  |  |  |
Trade name |  |  | 5 |  |  |  | 830 |  |  |  |
Total identifiable intangible assets |  |  |  |  |  |  |  |  | 38,150 |
Goodwill |  |  |  |  |  |  |  |  | 68,115 |
Other long-term assets |  |  |  |  |  |  |  |  | 977 |
Accounts payable |  |  |  |  |  |  |  |  | (869 | )
Accrued liabilities |  |  |  |  |  |  |  |  | (4,777 | )
Deferred revenue |  |  |  |  |  |  |  |  | (920 | )
Long-term deferred tax liabilities |  |  |  |  |  |  |  |  | (8,393 | )
Noncurrent operating lease liabilities |  |  |  |  |  |  |  |  | (1,094 | )
Other long-term liabilities |  |  |  |  |  |  |  |  | (307 | )
Total purchase price |  |  |  |  |  |  |  | $ | 102,913 |
Schedule of Unaudited Pro Forma Financial Information | The following table presents the pro forma operating results as if the acquired operations of Vewd had been included in the Company’s consolidated statements of operations as of January 1, 2021 (unaudited, in thousands):
|  | Year Ended December 31, |
|  | 2022 |
Revenue |  | $ | 508,636 |
Net loss attributable to the Company |  | $ | (769,483 | )

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-5 + Details
Name: | us-gaap_BusinessAcquisitionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(3) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 3 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483475/205-20-45-11 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3A -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-3A Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-4A Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-4B Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5A -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-5A Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5B -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-5B Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5C -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-5C Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5D -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-5D Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-7 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-3A Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 20 -Topic 205 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-1 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-3 + Details
Name: | us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 470 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481544/470-10-50-1 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of deferred cash consideration. + References No definition available. + Details
Name: | xper_ScheduleOfDeferredCashConsiderationTableTextBlock
Namespace Prefix: | xper_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of net carrying amount of deferred consideration. + References No definition available. + Details
Name: | xper_ScheduleOfNetCarryingAmountOfDeferredConsideration
Namespace Prefix: | xper_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of net carrying amount of holdback consideration. + References No definition available. + Details
Name: | xper_ScheduleOfNetCarryingAmountOfHoldbackConsiderationTableTextBlock
Namespace Prefix: | xper_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | srt_OwnershipAxis=xper_PerceiveCorporationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=xper_TobiiAbMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=xper_VewdSoftwareHoldingsLimitedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |