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Revenue (Tables)
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue

The following tables present revenue disaggregated by geography of the shipping location for the three and six months ended June 30, 2025 and 2024:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

United States

 

$

7,676

 

 

$

10,131

 

 

$

16,747

 

 

$

18,820

 

Greater China

 

 

22,983

 

 

 

23,063

 

 

 

41,747

 

 

 

45,354

 

South Korea

 

 

2,762

 

 

 

2,938

 

 

 

7,971

 

 

 

7,551

 

Europe

 

 

12,885

 

 

 

9,133

 

 

 

23,784

 

 

 

18,386

 

Rest of North America

 

 

867

 

 

 

1,236

 

 

 

1,995

 

 

 

3,017

 

Rest of Asia Pacific

 

 

4,074

 

 

 

5,099

 

 

 

12,366

 

 

 

10,337

 

South America

 

 

387

 

 

 

755

 

 

 

1,101

 

 

 

1,243

 

Total

 

$

51,634

 

 

$

52,355

 

 

$

105,711

 

 

$

104,708

 

Schedule of Contract Liabilities

The following table presents the assets and liabilities associated with the engineering services contracts recorded on the condensed consolidated balance sheet as of June 30, 2025 and December 31, 2024:

 

 

Balance Sheet Classification

 

June 30,
2025

 

 

December 31,
2024

 

Unbilled revenue

 

Prepaid expenses and other current assets

 

$

9,877

 

 

$

9,154

 

Contract liabilities

 

Accrued expenses and other current liabilities

 

$

3,295

 

 

$

2,735