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Condensed Consolidated Statements of Cash Flows (Unaudited)
3 Months Ended
Mar. 31, 2025
USD ($)
Cash flows from operating activities:  
Net loss $ (8,948,000)
Adjustments to reconcile net loss to net cash provided by operating activities:  
Depreciation and amortization 21,596,000
Goodwill impairment 0
Amortization of debt issuance cost 320,000
Loss (gain) on investments, net 1,631,000
Net loss on disposal of property, plant and equipment 13,000
Stock-based compensation expense 3,210,000
Deferred income taxes (157,000)
Inventory reserves 3,339,000
Changes in operating assets and liabilities:  
Accounts receivable, net 16,011,000
Other receivables (1,141,000)
Income taxes receivable, net (690,000)
Inventory 10,345,000
Prepaid expenses, other current assets and other assets 1,504,000
Accounts payable (4,222,000)
Accrued expenses and other liabilities 352,000
Income taxes payable 18,000
Net cash provided by operating activities 43,181,000
Cash flows from investing activities:  
Purchases of property, plant and equipment (7,399,000)
Purchases of intangibles - developed technologies (11,296,000)
Proceeds from sales and maturities of available-for-sale investments 660,000
Payments for beneficial interests in securitized accounts receivable (133,000)
Purchases of available-for-sale investments (170,000)
Net cash used in investing activities (18,338,000)
Cash flows from financing activities:  
Tax withholdings related to stock-based compensation settlements (420,000)
Proceeds from stock option exercises 756,000
Payment for redemption of redeemable non-controlling interest (12,000)
Net cash provided by (used in) financing activities 324,000
Net increase in cash and cash equivalents 25,167,000
Effect of exchange rate changes 133,000
Cash and cash equivalents, beginning of period 76,021,000
Cash and cash equivalents, end of period 101,321,000
Supplemental disclosure of cash financing activities:  
Cash paid for interest 4,129,000
Cash paid for income taxes 2,367,000
Cash used in operating activities related to operating leases 2,696,000
Supplemental disclosure of non-cash investing activities:  
Redemption of redeemable non-controlling interest (3,000)
Right-of-use assets obtained in exchange for lease obligations 1,893,000
Purchases of property, plant and equipment included in accounts payable $ 1,162,000