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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY AND NONCONTROLLING INTEREST - USD ($)
$ in Thousands
Total
Common Stock Class A
Common Stock Class V
Common Stock
Common Stock Class A
Common Stock
Common Stock Class V
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Total Stockholders' Equity Attributable to indie Semiconductor, Inc.
Noncontrolling Interest
Beginning balance (in shares) at Dec. 31, 2023       163,193,278 18,694,332          
Beginning balance at Dec. 31, 2023 $ 477,025     $ 16 $ 2 $ 813,742 $ (361,441) $ (6,170) $ 446,149 $ 30,876
Vesting of equity awards (in shares)       26,931            
Issuance per net settlement of equity awards and cash exercise of stock options (in shares)       2,166,146            
Issuance per net settlement of equity awards and cash exercise of stock options 677         473     473 204
Issuance per Exchange of Class V to Class A (in shares)       100,000 (100,000)          
Issuance per Exchange of ADK LLC units to Class A (in shares)       30,516            
Share-based compensation, including amounts associated with the EEPP 18,608         18,608     18,608  
Issuance per settlement of contingent considerations (in shares)       62,562            
Issuance per settlement of contingent considerations 548         500     500 48
Shares issued for Investment in Expedera (in shares)       525,000            
Shares issued for Investment in Expedera 3,385     $ 1   2,963     2,964 421
Net loss (34,223)           (31,179)   (31,179) (3,044)
Foreign currency translation adjustment (4,549)             (4,638) (4,638) 89
Ending balance (in shares) at Mar. 31, 2024       166,104,433 18,594,332          
Ending balance at Mar. 31, 2024 461,471     $ 17 $ 2 836,286 (392,620) (10,808) 432,877 28,594
Beginning balance (in shares) at Dec. 31, 2023       163,193,278 18,694,332          
Beginning balance at Dec. 31, 2023 477,025     $ 16 $ 2 813,742 (361,441) (6,170) 446,149 30,876
Net loss (55,223)                  
Ending balance (in shares) at Jun. 30, 2024       176,542,919 18,044,332          
Ending balance at Jun. 30, 2024 502,633     $ 18 $ 2 896,220 (411,780) (13,750) 470,710 31,923
Beginning balance (in shares) at Mar. 31, 2024       166,104,433 18,594,332          
Beginning balance at Mar. 31, 2024 461,471     $ 17 $ 2 836,286 (392,620) (10,808) 432,877 28,594
Vesting of equity awards (in shares)       26,064            
Issuance per net settlement of equity awards and cash exercise of stock options (in shares)       2,317,279            
Issuance per net settlement of equity awards and cash exercise of stock options 3,118         2,916     2,916 202
Issuance per Exchange of Class V to Class A (in shares)       550,000 (550,000)          
Share-based compensation, including amounts associated with the EEPP 13,293         13,293     13,293  
Issuance in connection with At-The-Market equity offering (in shares)       345,052            
Issuance in connection with At-The-Market equity offering 2,318         2,157     2,157 161
Issuance per settlement of contingent considerations (in shares)       7,200,091            
Issuance per settlement of contingent considerations 46,664     $ 1   41,568     41,569 5,095
Net loss (21,000)           (19,160)   (19,160) (1,840)
Foreign currency translation adjustment (3,231)             (2,942) (2,942) (289)
Ending balance (in shares) at Jun. 30, 2024       176,542,919 18,044,332          
Ending balance at Jun. 30, 2024 502,633     $ 18 $ 2 896,220 (411,780) (13,750) 470,710 31,923
Beginning balance (in shares) at Dec. 31, 2024   189,163,408 17,671,251 189,163,408 17,671,251          
Beginning balance at Dec. 31, 2024 445,395     $ 19 $ 2 936,564 (494,044) (24,655) 417,886 27,509
Issuance per net settlement of equity awards and cash exercise of stock options (in shares)       3,446,663            
Issuance per net settlement of equity awards and cash exercise of stock options 472         78     78 394
Issuance per Exchange of Class V to Class A (in shares)       50,000 (50,000)          
Issuance per Exchange of ADK LLC units to Class A (in shares)       44,863            
Share-based compensation, including amounts associated with the EEPP 16,561         16,561     16,561  
Issuance per settlement of contingent considerations (in shares)       1,680,579            
Issuance per settlement of contingent considerations 4,130         3,685     3,685 445
Net loss (37,171)           (34,546)   (34,546) (2,625)
Foreign currency translation adjustment 2,346             1,904 1,904 442
Ending balance (in shares) at Mar. 31, 2025       194,385,513 17,621,251          
Ending balance at Mar. 31, 2025 431,733     $ 19 $ 2 956,888 (528,590) (22,751) 405,568 26,165
Beginning balance (in shares) at Dec. 31, 2024   189,163,408 17,671,251 189,163,408 17,671,251          
Beginning balance at Dec. 31, 2024 445,395     $ 19 $ 2 936,564 (494,044) (24,655) 417,886 27,509
Net loss (78,789)                  
Ending balance (in shares) at Jun. 30, 2025   196,642,842 17,621,251 196,642,842 17,621,251          
Ending balance at Jun. 30, 2025 415,096     $ 20 $ 2 963,886 (567,628) (5,873) 390,407 24,689
Beginning balance (in shares) at Mar. 31, 2025       194,385,513 17,621,251          
Beginning balance at Mar. 31, 2025 431,733     $ 19 $ 2 956,888 (528,590) (22,751) 405,568 26,165
Issuance per net settlement of equity awards and cash exercise of stock options (in shares)       2,227,729            
Issuance per net settlement of equity awards and cash exercise of stock options 44     $ 1   (167)     (166) 210
Issuance on earn out awards (in shares)       29,600            
Share-based compensation, including amounts associated with the EEPP 7,165         7,165     7,165  
Net loss (41,618)           (39,038)   (39,038) (2,580)
Foreign currency translation adjustment 17,772             16,878 16,878 894
Ending balance (in shares) at Jun. 30, 2025   196,642,842 17,621,251 196,642,842 17,621,251          
Ending balance at Jun. 30, 2025 $ 415,096     $ 20 $ 2 $ 963,886 $ (567,628) $ (5,873) $ 390,407 $ 24,689