XML 30 R24.htm IDEA: XBRL DOCUMENT v3.25.1
Discontinued Operations (Tables)
3 Months Ended
Mar. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Financial Results and Significant Non-Cash Items and Capital of Discontinued Operations

The following presents the financial results of discontinued operations (in thousands):

 

Three Months Ended
March 31,

 

 

2024

 

Net revenue

$

15,836

 

Cost of revenue

 

7,927

 

Gross profit

 

7,909

 

Operating expenses:

 

 

Research and development

 

2,114

 

Selling and marketing

 

4,133

 

General and administrative

 

772

 

Restructuring and severance

 

22

 

Total operating expenses

 

7,041

 

Income from operations

 

868

 

Non-operating income (expense):

 

 

Foreign currency losses, net

 

(30

)

Income before income tax provision

 

838

 

Income tax provision

 

(14

)

Income from discontinued operations

$

824

 

 

The cash flows related to the discontinued operations have not been segregated and are included in the condensed consolidated statements of cash flows. The following presents the significant non-cash items and capital expenditures related to discontinued operations (in thousands):

 

Three Months Ended March 31, 2024

 

Depreciation and amortization

$

93

 

Capital expenditures

 

71

 

Stock-based compensation

 

500