Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2024

Summary of Significant Accounting Policies

Roll-forward of inventory reserve

	December 31,
	2024		2023
	(in thousands)
Beginning balance	$	872	$	748
Write-offs		(454)		(2,175)
Net additions to reserve		141		2,299
Ending balance	$	559	$	872

Schedule of Accumulated Other Comprehensive Income (Loss)

	December 31,
	2024		2023
	(in thousands)
Beginning balance	$	(3,085)	$	(16,362)
Net unrealized gain (loss) on available-for-sale securities, net of tax and foreign currency translation adjustment		2,741		13,277
Ending balance	$	(344)	$	(3,085)

Schedule of recently adopted accounting pronouncements

	December 31,
	2024		2023		2022
	(in thousands except percentages)
Revenue	$	1,696,911	$	1,082,571	$	820,222
Cost of product revenues		672,304		588,564		453,632
Cost of licensing and other revenues		1,449		1,267		2,624
Gross margin	$	1,023,158	$	492,740	$	363,966
Gross margin percentage		60.3%		45.5%		44.4%