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Financial Statement Components (Tables)
 9 Months Ended
Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Cash and Cash Equivalents
Cash and cash equivalents consisted of the following (in thousands):
 September 30, 2024December 31, 2023
Cash$33,036 $35,659 
Money market funds60,792 101,842 
U.S. treasury securities15,199 — 
Commercial paper5,182 497 
Corporate bonds— 1,097 
Total cash and cash equivalents$114,209 $139,095 
Schedule of Inventories, net
Inventory comprised of the following (in thousands):
 September 30, 2024December 31, 2023
Raw materials$5,772 $5,614 
Work-in-process3,004 2,521 
Finished goods8,860 4,061 
Total inventories, net$17,636 $12,196 
Schedule of Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consisted of the following (in thousands):
 September 30, 2024December 31, 2023
Prepaid expenses$12,989 $12,434 
Contract assets10,720 14,132 
Advance payments to vendors259 3,038 
Other receivables6,481 3,346 
Total prepaid expenses and other current assets$30,449 $32,950 
Schedule of Property and Equipment
Property and equipment consisted of the following (in thousands):
 September 30, 2024December 31, 2023
Machinery and equipment$61,910 $58,815 
Computer hardware and software8,143 7,025 
Land1,001 1,001 
Leasehold improvements22,620 22,531 
Vehicles, including demonstration fleet2,141 2,207 
Furniture and fixtures930 900 
Construction in progress2,150 2,256 
Total property and equipment98,895 94,735 
Accumulated depreciation
(43,675)(28,435)
Total property and equipment, net$55,220 $66,300 
Schedule of Finite-Lived Intangible Assets
The following table summarizes the activity in the Company’s intangible assets (in thousands):
September 30, 2024December 31, 2023
Beginning of the period$22,994 $22,077 
Additions— 8,240 
Amortization
(3,032)(4,323)
Impairment
(3,250)(3,000)
End of the period$16,712 $22,994 
The components of intangible assets were as follows (in thousands):
September 30, 2024December 31, 2023
Gross
Carrying
 Amount		Accumulated
Amortization
Impairment
(1)
Net
Carrying
Amount		Weighted Average
Remaining Period
(Years)		Gross
Carrying
 Amount		Accumulated
Amortization
Impairment
(1)
Net
Carrying
Amount		Weighted
Average
Remaining
Period
(Years)
Customer relationships$3,730 $(2,092)$— $1,638 3.2$3,730 $(1,479)$— $2,251 3.7
Customer backlog650 (650)— — —650 (650)— — —
Tradename620 (432)— 188 1.5620 (339)— 281 2.3
Assembled workforce
130 (130)— — —130 (130)— — —
Developed technology21,400 (6,514)— 14,886 5.220,150 (4,188)— 15,962 5.5
IPR&D3,250 — (3,250)— —7,500 — (3,000)4,500 —
Total intangible assets$29,780 $(9,818)$(3,250)$16,712 5.0$32,780 $(6,786)$(3,000)$22,994 5.2
(1) See below for discussions related to impairment charges.
Schedule of Future Amortization Expense
As of September 30, 2024, the expected future amortization expense for intangible assets was as follows (in thousands):
PeriodExpected Future
Amortization Expense
2024 (remaining three months)
$1,031 
20254,126 
20263,479 
20273,263 
20281,771 
Thereafter3,042 
Total$16,712 
Schedule of Goodwill
The carrying amount of goodwill allocated to the Company’s reportable segments was as follows (in thousands):
 Autonomy SolutionsATSTotal
Balance as of December 31, 2022
$687 $18,129 $18,816 
Goodwill related to acquisition of Seagate’s lidar business
1,063 — 1,063 
Impairment of goodwill related to Freedom Photonics
— (12,489)(12,489)
Balance as of December 31, 2023
$1,750 $5,640 $7,390 
Impairment of goodwill related to Freedom Photonics
$— $(3,396)$(3,396)
Balance as of September 30, 2024
$1,750 $2,244 $3,994 
Schedule of Other Noncurrent Assets
Other non-current assets consisted of the following (in thousands):
 September 30, 2024December 31, 2023
Security deposits$2,315 $2,410 
Non-marketable equity investment
10,000 14,000 
Prepaid expenses non-current
4,169 3,471 
Contract assets5,248 2,471 
Other non-current assets834 4 
Total other non-current assets$22,566 $22,356 
Schedule of Accrued and Other Current Liabilities
Accrued and other current liabilities consisted of the following (in thousands): 
 September 30, 2024December 31, 2023
Accrued compensation and benefits$14,075 $20,658 
Accrued expenses10,817 14,723 
Contract losses11,294 8,790 
Warranty reserves754 4,154 
Contract liabilities2,366 3,127 
Accrued interest payable
6,904 359 
Insurance reserve and other liabilities
1,744 794 
Total accrued and other current liabilities$47,954 $52,605