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Revenue and Accounts Receivable, Net (Tables)

6 Months Ended

Jun. 30, 2025

Receivables [Abstract]

Schedule of Revenue Recognition and Net Sales to External Customers by Channel

The pattern of revenue recognition was as follows:

			Three Months Ended June 30,												Six Months Ended June 30,
(In thousands)			2025						2024						2025						2024
Goods and services transferred at a point in time			$	77,656					$	75,982					$	149,047					$	150,386
Goods and services transferred over time			20,009						14,470						40,944						31,966
Net sales			$	97,665					$	90,452					$	189,991					$	182,352

Our net sales to external customers by channel were as follows:

			Three Months Ended June 30,												Six Months Ended June 30,
(In thousands)			2025						2024						2025						2024
Connected home (1)			$	34,099					$	23,291					$	65,828					$	47,462
Home entertainment (2)			63,566						67,161						124,163						134,890
Net sales			$	97,665					$	90,452					$	189,991					$	182,352

(1)The connected home channel represents climate control, smart home and security product sales sold primarily to HVAC, security, home automation and home appliance customers.

(2)The home entertainment channel represents entertainment-related product sales sold primarily to video service providers, consumer electronics original equipment manufacturers ("OEMs") and retailers. It also includes sales associated with intellectual property licensing and our cloud-based software solution.

Schedule of Net Sales to External Customers by Geographic Areas

Our net sales to external customers by geographic area were as follows:

			Three Months Ended June 30,												Six Months Ended June 30,
(In thousands)			2025						2024						2025						2024
United States			$	28,974					$	18,910					$	59,532					$	45,622
Asia (excluding PRC)			22,190						18,224						40,937						37,108
Europe			26,110						20,715						46,808						38,254
Latin America			6,808						9,483						13,358						17,724
PRC			8,255						17,412						17,173						31,813
Other			5,328						5,708						12,183						11,831
Total net sales			$	97,665					$	90,452					$	189,991					$	182,352

Schedule of Accounts Receivable, Net and Changes in the Allowance for Credit Losses

Accounts receivable, net were as follows:

(In thousands)			June 30, 2025						December 31, 2024
Trade receivables, gross			$	82,918					$	93,773
Allowance for credit losses			(1,468)						(1,863)
Allowance for sales returns			(285)						(383)
Trade receivables, net			81,165						91,527
Other (1)			16,275						22,655
Accounts receivable, net (2)			$	97,440					$	114,182

(1)Other accounts receivable is primarily comprised of supplier, supplier rebate and interest receivables.

(2)Accounts receivable, net at December 31, 2023 was $112.6 million.

Changes in the allowance for credit losses were as follows:

(In thousands)			Six Months Ended June 30,
			2025						2024
Balance at beginning of period			$	1,863					$	815
Additions (reductions) to costs and expenses			19						—
Cash receipts			(266)						—
Write-offs/Foreign exchange effects			(148)						(16)
Balance at end of period			$	1,468					$	799

Schedule of Changes in Carrying Amount of Contract Liabilities

Changes in the carrying amount of contract liabilities were as follows: 

(In thousands)			Three Months Ended June 30,												Six Months Ended June 30,
			2025						2024						2025						2024
Balance at beginning of period			$	4,285					$	4,384					$	3,237					$	3,501
Payments received			656						1,626						2,849						3,463
Revenue recognized			(877)						(1,287)						(2,027)						(2,225)
Foreign exchange effects			4						(6)						9						(22)
Balance at end of period			$	4,068					$	4,717					$	4,068					$	4,717

Schedule of Net Sales to Customers

Net sales to the following customers totaled more than 10% of our net sales: 

			Three Months Ended June 30,
			2025												2024
			$ (thousands)						% of Net Sales						$ (thousands)						% of Net Sales
Daikin Industries Ltd.			$	18,230					18.7		%				$	12,930					14.3		%
Comcast Communications			$	11,942					12.2		%				(1)						(1)
Sony Corporation			(1)						(1)						$	9,577					10.6		%

(1)    Sales associated with this customer did not total more than 10% of our net sales for the indicated period.

			Six Months Ended June 30,
			2025												2024
			$ (thousands)						% of Net Sales						$ (thousands)						% of Net Sales
Daikin Industries Ltd.			$	34,594					18.2		%				$	25,039					13.7		%
Comcast Communications			$	22,291					11.7		%				(1)						(1)

(1)    Sales associated with this customer did not total more than 10% of our net sales for the indicated period.

Schedule of Trade Receivables with Significant Customers

Trade receivables associated with this significant customer that totaled more than 10% of our accounts receivable, net was as follows:

			June 30, 2025												December 31, 2024
			$ (thousands)						% of Accounts Receivable, Net						$ (thousands)						% of Accounts Receivable, Net
Daikin Industries Ltd.			$	10,989					11.3		%				(1)						(1)

(1) Trade receivables associated with this customer did not total more than 10% of our accounts receivable, net for the indicated period.

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Schedule of Accounts Receivable by Major Customers by Reporting Segments

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Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

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Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

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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.

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