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Unaudited Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Net revenue $ 31,066 $ 30,623 $ 58,733 $ 74,990
Cost of revenue 20,627 20,603 35,681 47,805
Gross profit 10,439 10,020 23,052 27,185
Operating expenses:        
Research and product development 7,424 9,874 14,458 19,475
Selling, marketing, general and administrative 19,035 18,804 34,028 38,383
Restructuring and other charges (44) 594 244 4,746
Impairment of long-lived assets 0 499 0 499
Amortization of intangible assets 1,190 1,321 2,380 2,592
Total operating expenses 27,605 31,092 51,110 65,695
Operating loss (17,166) (21,072) (28,058) (38,510)
Interest expense, net (1,405) (882) (2,618) (1,508)
Bargain purchase gain 41,544 0 41,544 0
Other income (expense), net (230) (146) (554) 335
Income (loss) from continuing operations before income taxes 22,743 (22,100) 10,314 (39,683)
Income tax provision (benefit) (330) 504 776 2,956
Net income (loss) from continuing operations 23,073 (22,604) 9,538 (42,639)
Income (loss) from discontinued operations, net of income tax 1,471 (2,232) (3,319) (6,015)
Loss on sale of discontinued operations (2,422) 0 (2,803) 0
Net loss from discontinued operations (951) (2,232) (6,122) (6,015)
Net income (loss) 22,122 (24,836) 3,416 (48,654)
Foreign currency translation adjustments [1] (475) (1,204) (1,795) (3,093)
Reclassification of foreign currency translation adjustments to net income as a result of discontinued operations 12,023 0 12,023 0
Actuarial loss (34) (62) (72) (122)
Comprehensive income (loss) $ 33,636 $ (26,102) $ 13,572 $ (51,869)
Net earnings (loss) per share from continuing operations        
Basic (in dollars per share) $ 0.61 $ (0.72) $ 0.25 $ (1.37)
Diluted (in dollars per share) 0.61 (0.72) 0.25 (1.37)
Basic (in dollar per share) (0.03) (0.07) (0.16) (0.19)
Diluted (in dollar per share) $ (0.03) $ (0.07) $ (0.16) $ (0.19)
Weighted average shares outstanding        
Basic (in shares) 37,659 31,222 37,528 31,132
Diluted (in shares) 38,035 31,222 37,622 31,132
[1] Includes net loss of $0.1 million and $0.4 million on intra-entity foreign currency transactions that are of a long-term investment nature for three and six months ended June 30, 2024. Includes net gain of $0.1 million and $0.2 million on intra-entity foreign currency transactions that are of a long-term investment nature for three and six months ended June 30, 2023.