Segment Data (Tables)

9 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

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 September 30,
	2024		2023
TASER segment net sales	$	221,734	$	162,570
Software and Sensors segment net sales	322,540		250,708
Total consolidated net sales	$	544,274	$	413,278
TASER adjusted gross margin	$	139,632	$	102,151
Software and Sensors adjusted gross margin	204,258		157,147
Total segment adjusted gross margin	$	343,890	$	259,298
Stock-based compensation expense	10,123		1,687
Amortization of acquired intangible assets	3,020		955
Gross margin	$	330,747	$	256,656
Sales, general and administrative	192,189		122,357
Research and development	114,477		76,880
Interest income, net	10,978		10,458
Other income (loss), net	44,510		3,852
Income (loss) before provision for (benefit from) income taxes	$	79,569	$	71,729

	Nine Months Ended September 30,
	2024		2023
TASER segment net sales	$	597,441	$	452,167
Software and Sensors segment net sales	909,940		678,156
Total consolidated net sales	$	1,507,381	$	1,130,323
TASER adjusted gross margin	$	374,072	$	280,875
Software and Sensors adjusted gross margin	577,992		417,460
Total segment adjusted gross margin	$	952,064	$	698,335
Stock-based compensation expense	48,235		4,685
Amortization of acquired intangible assets	8,298		2,189
Gross margin	$	895,531	$	691,461
Sales, general and administrative	514,228		357,611
Research and development	307,008		219,747
Interest income, net	31,134		29,787
Other income (loss), net	191,510		(42,569)
Income before provision for income taxes	$	296,939	$	101,321