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

12 Months Ended

Dec. 31, 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):

	Year Ended December 31,
	2024		2023
Distributor	$	39,943	$	49,845
Non-distributor		10,459		13,920
Total revenue	$	50,402	$	63,765

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

	Year Ended December 31,
	2024		2023
Point in time	$	42,903	$	54,183
Over time		7,499		9,582
Total revenue	$	50,402	$	63,765

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

	Year Ended December 31,
	2024		2023
Product sales	$	42,203	$	53,123
Licensing		6,346		7,476
Royalties		700		862
Other revenue		1,153		2,304
Total revenue	$	50,402	$	63,765

Schedule of revenue by region

Revenue by region for the periods indicated was as follows (in thousands):

	Year Ended December 31,
	2024		2023
APAC	$	28,688	$	33,096
North America		10,710		15,922
EMEA		11,004		14,747
Total revenue	$	50,402	$	63,765