Segment Information (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Operating Results by Reportable Segment

The following table summarizes the operating results by reportable segment for the periods presented (dollars in thousands):

	Year Ended December 31, 2024
	Laser Products			Advanced Development			Corporate and Other		Totals
Revenue	$	136,659		$	61,889		$	—	$	198,548
Gross profit	31,094			4,363			(2,438)		33,019
Gross margin	22.8		%	7.0		%	NM*		16.6		%

	Year Ended December 31, 2023
	Laser Products			Advanced Development			Corporate and Other		Totals
Revenue	$	156,666		$	53,255		$	—	$	209,921
Gross profit	44,891			3,628			(2,406)		46,113
Gross margin	28.7		%	6.8		%	NM*		22.0		%

	Year Ended December 31, 2022
	Laser Products			Advanced Development			Corporate and Other		Totals
Revenue	$	192,658		$	49,400		$	—	$	242,058
Gross profit	50,063			3,435			(2,677)		50,821
Gross margin	26.0		%	7.0		%	NM*		21.0		%

*NM = not meaningful

Schedule of Revenue and Long-lived Assets by Geographical Areas

The geographic location of our long-lived assets, net, based on location of the assets, was as follows (in thousands):

	As of December 31,
	2024		2023
North America	$	68,637	$	73,070
Asia Pacific	3,983		9,221
EMEA	3,532		3,958
	$	76,152	$	86,249