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Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2025
Jun. 30, 2024
Jun. 29, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Net revenue [1] $ 170,532 $ 143,900 $ 332,592 $ 308,486
Cost of revenue 106,554 112,077 212,288 228,426
Gross profit 63,978 31,823 120,304 80,060
Operating expenses:        
Research and development 20,845 19,851 39,154 40,078
Sales and marketing 31,053 29,757 59,094 60,286
General and administrative 20,683 19,186 38,753 37,253
Litigation reserves, net 75 8,200 38 8,230
Restructuring and other charges 862 1,688 5,604 2,720
Total operating expenses 73,518 78,682 142,643 148,567
Loss from operations (9,540) (46,859) (22,339) (68,507)
Other income, net [2] 3,976 2,713 12,147 5,563
Loss before income taxes (5,564) (44,146) (10,192) (62,944)
Provision for income taxes 864 1,029 2,270 881
Net loss $ (6,428) $ (45,175) $ (12,462) $ (63,825)
Net loss per share        
Basic $ (0.22) $ (1.56) $ (0.43) $ (2.19)
Diluted $ (0.22) $ (1.56) $ (0.43) $ (2.19)
Weighted average shares used to compute net loss per share:        
Basic 28,911 28,883 28,815 29,136
Diluted 28,911 28,883 28,815 29,136
[1] No individual foreign country represented more than 10% of the Companys total net revenue in the periods presented.
[2] Amounts included interest income of $3.1 million and $6.4 million for the three and six months ended June 29, 2025, respectively, and $2.5 million and $5.0 million for the three and six months ended June 30, 2024, respectively. Amounts also included gain/(loss), net from derivatives not designated as hedging instruments of $(2.1) million and $(3.1) million for the three and six months ended June 29, 2025, respectively, and $0.6 million and $2.1 million for the three and six months ended June 30, 2024, respectively. For the six months ended June 29, 2025, the amount also included proceeds of $4.7 million from a sale of patents.