Statements of Operations and Comprehensive (Loss) Income Components (Tables)

9 Months Ended

Sep. 30, 2024

Statements of Operations and Comprehensive (Loss) Income Components

Schedule of disaggregation of revenue

The following table presents the Company’s revenues disaggregated by sales channel (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Distributor	$	10,152	$	12,964	$	29,666	$	38,171
Non-distributor		1,941		3,502		7,493		8,888
Total revenue	$	12,093	$	16,466	$	37,159	$	47,059

The following table presents the Company’s revenues disaggregated by timing of recognition (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Point in time	$	10,557	$	13,825	$	31,586	$	41,485
Over time		1,536		2,641		5,573		5,574
Total revenue	$	12,093	$	16,466	$	37,159	$	47,059

The following table presents the Company’s revenues disaggregated by type (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Product sales	$	10,443	$	13,543	$	31,190	$	40,726
Licensing		1,195		1,893		4,722		4,710
Royalties		114		232		396		561
Other revenue		341		798		851		1,062
Total revenue	$	12,093	$	16,466	$	37,159	$	47,059

Schedule of revenue by region

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
APAC	$	7,923	$	8,663	$	21,163	$	24,218
North America		1,874		4,607		7,857		10,798
EMEA		2,296		3,196		8,139		12,043
Total revenue	$	12,093	$	16,466	$	37,159	$	47,059