Segment Data (Tables)

3 Months Ended

Mar. 31, 2024

Segment Data

Summary of Operational Information Relative to the Company's Reportable Segments

Information relative to our reportable segments was as follows (in thousands):

	Three Months Ended March 31,
	2024		2023
TASER segment net sales	$	178,748	$	134,282
Software and Sensors segment net sales		281,988		208,761
Total consolidated net sales	$	460,736	$	343,043
Adjusted gross margin	$	291,327	$	205,422
Stock-based compensation expense		29,595		1,320
Amortization of acquired intangible assets		1,686		—
Gross margin	$	260,046	$	204,102
Sales, general and administrative		152,669		116,567
Research and development		91,097		70,927
Interest income, net		10,374		9,666
Other income, net		139,066		15,610
Income before provision (benefit) for income taxes	$	165,720	$	41,884