Balance Sheet Components (Tables)

12 Months Ended

Dec. 31, 2022

Balance Sheet Related Disclosures [Abstract]

Schedule of Amortized Cost and Estimated Fair Market Value of Investments Classified as Available-for-Sale Excluding Cash Equivalents

Amortized cost and estimated fair market value of investments classified as available-for-sale, excluding cash equivalents, as of December 31, 2022, and December 31, 2021, were as follows:

	December 31, 2022
(In thousands)	Amortized Cost		Unrealized Gains		Unrealized Losses			Estimated Fair Value
U.S. treasury securities	$	74,120	$	—	$	(320	)	$	73,800
Convertible debt (1)		346		—		—			346
Certificates of deposit		6		—		—			6
Total	$	74,472	$	—	$	(320	)	$	74,152

	December 31, 2021
(In thousands)	Amortized Cost		Unrealized Gains		Unrealized Losses		Estimated Fair Value
Corporate equity securities	$	751	$	—	$	—	$	751
Convertible debt (1)		518		—		—		518
Certificates of deposit		6		—		—		6
Total	$	1,275	$	—	$	—	$	1,275

(1)On the Company’s consolidated balance sheets, $173,000 included in Short-term investments as of December 31, 2022, and December 31, 2021, and $173,000 and $346,000 included in Other non-current assets as of December 31, 2022, and December 31, 2021, respectively.

Schedule of Investments Classified as Available-for-Sale in Continuous Unrealized Loss Position

The following table summarizes investments classified as available-for-sale in a continuous unrealized loss position for which an allowance for credit losses was not recorded as of December 31, 2022:

	Less Than 12 Months					12 Months or Longer				Total
(In thousands)	Estimated Fair Market Value		Gross Unrealized Losses			Estimated Fair Market Value		Gross Unrealized Losses		Estimated Fair Market Value		Gross Unrealized Losses
U.S. treasury securities	$	73,800	$	(320	)	$	—	$	—	$	73,800	$	(320	)
Total	$	73,800	$	(320	)	$	—	$	—	$	73,800	$	(320	)

Schedule of Inventories

Inventories

(In thousands)	December 31, 2022		December 31, 2021
Raw materials	$	4,549	$	12,269
Finished goods		295,065		303,398
Total	$	299,614	$	315,667

Schedule of Property and Equipment, Net

Property and equipment, net

(In thousands)	December 31, 2022			December 31, 2021
Computer equipment	$	9,648		$	9,979
Furniture, fixtures, and leasehold improvements		18,642			18,364
Software		30,610			30,280
Machinery and equipment		76,806			75,559
Total property and equipment, gross		135,706			134,182
Accumulated depreciation		(126,481	)		(120,847	)
Total	$	9,225		$	13,335

Schedule of Intangibles, Net

Intangibles, net

	December 31, 2022							December 31, 2021
(In thousands)	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
Technology	$	59,799	$	(58,692	)	$	1,107	$	59,799	$	(58,263	)	$	1,536
Customer contracts and relationships		56,800		(56,800	)		—		56,800		(56,800	)		—
Other		10,345		(10,123	)		222		10,345		(10,025	)		320
Total	$	126,944	$	(125,615	)	$	1,329	$	126,944	$	(125,088	)	$	1,856

Schedule of Estimated Amortization Expense Related to Intangibles

As of December 31, 2022, estimated amortization expense related to finite-lived intangibles for each of the remaining years was as follows (in thousands):

2023	$	514
2024		514
2025		301
Total	$	1,329

Schedule of Goodwill

Goodwill

(In thousands)	Connected Home			SMB		Total
As of December 31, 2020	$	44,442		$	36,279	$	80,721
As of December 31, 2021		44,442			36,279		80,721
Goodwill impairment charge		(44,442	)		—		(44,442	)
As of December 31, 2022	$	—		$	36,279	$	36,279

Schedule of Other Non-Current Assets

Other non-current assets

(In thousands)	December 31, 2022		December 31, 2021
Non-current deferred income taxes	$	85,704	$	63,795
Long-term investments		7,879		7,575
Other		4,210		4,980
Total	$	97,793	$	76,350

Schedule of Changes in Carrying Value of Long-term Investments

Long-term investments

The Company’s long-term investments are comprised of equity investments without readily determinable fair values, investments in convertible debt securities and investments in limited partnership funds. The changes in the carrying value of equity investments without readily determinable fair values were as follows (in thousands):

Carrying value, as of December 31, 2020 (1)	$	7,758
Additions		340
Disposals		(1,499	)
Impairment		(549	)
Upward adjustments for observable price changes		253
Carrying value, as of December 31, 2021 (1)		6,303
Impairment		(250	)
Carrying value, as of December 31, 2022 (1)	$	6,053

The balances excluded the investment in limited partnership fund of $1.7 million, $0.9 million and $0.6 million, as of December 31, 2022, 2021 and 2020, respectively. Additionally, the balances as of December 31, 2022 and 2021 excluded an investment in convertible debt securities of $0.2 million and $0.3 million, respectively.

Schedule of Other Accrued Liabilities

Other accrued liabilities

(In thousands)	December 31, 2022		December 31, 2021
Current operating lease liabilities	$	11,012	$	9,220
Sales and marketing		98,690		104,549
Warranty obligations		6,320		6,861
Sales returns(1)		44,944		42,869
Freight and duty		7,243		22,126
Other		45,267		38,959
Total	$	213,476	$	224,584

________________________

(1)Inventory expected to be received from future sales returns amounted to $21.8 million as of December 31, 2022 and 2021. Provisions to write down expected returned inventory to net realizable value amounted to $11.8 million and $13.2 million as of December 31, 2022 and December 31, 2021, respectively.