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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
NET REVENUES $ 344,229 $ 332,069 $ 219,788
OPERATING EXPENSES      
Cost of sales (exclusive of amortization of acquired intangible assets) 71,028 60,205 44,982
Research and development 51,850 52,041 53,618
Selling, general and administrative 229,323 200,047 180,152
Amortization of acquired intangible assets 34,838 11,106 9,013
Total operating expenses, net 387,039 323,399 287,765
Operating (loss) income (42,810) 8,670 (67,977)
Interest income 11,772 12,916 10,623
Net gains on equity securities 1,466 555 0
Interest expense (86) (577) (11)
Other income 144 0 0
(Loss) income before income taxes (29,514) 21,564 (57,365)
Income tax (benefit) expense (5,356) 3,319 101
Net (loss) income $ (24,158) $ 18,245 $ (57,466)
(Loss) earnings per share:      
Basic (in dollars per share) $ (0.83) $ 0.66 $ (2.14)
Diluted (in dollars per share) $ (0.83) $ 0.62 $ (2.14)
Weighted-average shares outstanding:      
Basic (in shares) 28,986 27,776 26,802
Diluted (in shares) 28,986 29,255 26,802