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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Aug. 02, 2025
Aug. 03, 2024
Revenue:    
Total revenue $ 223,074 $ 59,714
Cost of revenue 72,706 22,431
Gross profit 150,368 37,283
Operating expenses:    
Research and development 52,448 30,409
Selling, general and administrative 37,178 21,325
Total operating expenses 89,626 51,734
Operating income (loss) 60,742 (14,451)
Other income, net 3,946 5,533
Income (loss) before income taxes 64,688 (8,918)
Provision for income taxes 1,289 622
Net income (loss) $ 63,399 $ (9,540)
Net income (loss) per share:    
Basic (in US dollars per share) $ 0.37 $ (0.06)
Diluted (in US dollars per share) $ 0.34 $ (0.06)
Weighted-average shares:    
Basic (in shares) 171,927 165,140
Diluted (in shares) 184,577 165,140
Product sales revenue    
Revenue:    
Total revenue $ 217,059 $ 57,325
IP license revenue    
Revenue:    
Total revenue $ 6,015 $ 2,389