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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY AND NONCONTROLLING INTEREST - USD ($)
$ in Thousands
Total
GEO
Silicon Radar
Exalos
Common Stock Class A
Common Stock Class V
Total Stockholders' Equity Attributable to indie Semiconductor, Inc.
Total Stockholders' Equity Attributable to indie Semiconductor, Inc.
GEO
Total Stockholders' Equity Attributable to indie Semiconductor, Inc.
Silicon Radar
Total Stockholders' Equity Attributable to indie Semiconductor, Inc.
Exalos
Common Stock
Common Stock Class A
Common Stock
Common Stock Class A
GEO
Common Stock
Common Stock Class A
Silicon Radar
Common Stock
Common Stock Class A
Exalos
Common Stock
Common Stock Class V
Additional Paid-in Capital
Additional Paid-in Capital
GEO
Additional Paid-in Capital
Silicon Radar
Additional Paid-in Capital
Exalos
Accumulated Deficit
Accumulated Other Comprehensive Loss
Noncontrolling Interest
Noncontrolling Interest
GEO
Noncontrolling Interest
Silicon Radar
Noncontrolling Interest
Exalos
Beginning balance (in shares) at Dec. 31, 2022                     126,824,465       21,381,476                    
Beginning balance at Dec. 31, 2022 $ 314,332           $ 312,812       $ 13       $ 2 $ 568,564       $ (243,816) $ (11,951) $ 1,520      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Vesting of equity awards (in shares)                     95,160                            
Issuance per net settlement of equity awards and cash exercise of stock options (in shares)                     836,984                            
Issuance per net settlement of equity awards and cash exercise of stock options 19           (148)                 (148)           167      
Issuance per Exchange of unit to Class A (in shares)                     1,551,531       (1,551,531)                    
Issuance per Exchange of Class V to Class A 0           (2,653)                 (2,653)           2,653      
Issuance per Exchange of ADK LLC units to Class A (in shares)                     74,817                            
Share-based compensation 8,372           8,372                 8,372                  
Issuance in connection with At-The-Market equity offering (in shares)                     3,316,198                            
Issuance in connection with At-The-Market equity offering 34,194           34,194                 34,194                  
Stock issued due to acquisitions (in shares)                       6,868,768 982,445                        
Stock issued due to acquisitions   $ 75,557 $ 9,834         $ 74,177 $ 9,585     $ 1         $ 74,176 $ 9,585         $ 1,380 $ 249  
Net loss (81,966)           (72,746)                         (72,746)   (9,220)      
Foreign currency translation adjustment (2,205)           (1,500)                           (1,500) (705)      
Ending balance (in shares) at Mar. 31, 2023                     140,550,368       19,829,945                    
Ending balance at Mar. 31, 2023 358,137           362,093       $ 14       $ 2 692,090       (316,562) (13,451) (3,956)      
Beginning balance (in shares) at Dec. 31, 2022                     126,824,465       21,381,476                    
Beginning balance at Dec. 31, 2022 314,332           312,812       $ 13       $ 2 568,564       (243,816) (11,951) 1,520      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Stock issued due to acquisitions 23,479                                                
Net loss (114,206)                                                
Ending balance (in shares) at Sep. 30, 2023                     153,516,074       18,994,332                    
Ending balance at Sep. 30, 2023 412,842           413,515       $ 15       $ 2 780,627       (346,786) (20,343) (673)      
Beginning balance (in shares) at Mar. 31, 2023                     140,550,368       19,829,945                    
Beginning balance at Mar. 31, 2023 358,137           362,093       $ 14       $ 2 692,090       (316,562) (13,451) (3,956)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Vesting of equity awards (in shares)                     87,542                            
Issuance per net settlement of equity awards and cash exercise of stock options (in shares)                     1,773,903                            
Issuance per net settlement of equity awards and cash exercise of stock options 6,769           6,187                 6,187           582      
Issuance in connection with achievement of certain contingent consideration (in shares)                     73,311                            
Issuance in connection with achievement of certain contingent consideration 608           608                 608                  
Issuance per Exchange of unit to Class A (in shares)                     835,613       (835,613)                    
Issuance per Exchange of Class V to Class A 0           (1,500)                 (1,500)           1,500      
Issuance per Exchange of ADK LLC units to Class A (in shares)                     13,032                            
Share-based compensation 10,272           10,272                 10,272                  
Issuance in connection with At-The-Market equity offering (in shares)                     1,903,302                            
Issuance in connection with At-The-Market equity offering 17,804           17,804                 17,804                  
Net loss (13,563)           (13,127)                         (13,127)   (436)      
Foreign currency translation adjustment 5,172           3,938                           3,938 1,234      
Ending balance (in shares) at Jun. 30, 2023                     145,237,071       18,994,332                    
Ending balance at Jun. 30, 2023 385,199           386,275       $ 14       $ 2 725,461       (329,689) (9,513) (1,076)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Vesting of equity awards (in shares)                     489,118                            
Issuance per net settlement of equity awards and cash exercise of stock options (in shares)                     807,415                            
Issuance per net settlement of equity awards and cash exercise of stock options 0           (383)                 (383)           383      
Issuance per Exchange of ADK LLC units to Class A (in shares)                     77,318                            
Issuance per Exchange of ADK LLC units to Class A 0           (6)                 (6)           6      
Share-based compensation 11,577           11,577                 11,577                  
Stock issued due to acquisitions (in shares)                       291,366   6,613,786                      
Stock issued due to acquisitions   $ 2,651   $ 42,791       $ 2,522   $ 41,457       $ 1     $ 2,522   $ 41,456       $ 129   $ 1,334
Net loss (18,677)           (17,097)                         (17,097)   (1,580)      
Foreign currency translation adjustment (10,699)           (10,830)                           (10,830) 131      
Ending balance (in shares) at Sep. 30, 2023                     153,516,074       18,994,332                    
Ending balance at Sep. 30, 2023 412,842           413,515       $ 15       $ 2 780,627       (346,786) (20,343) (673)      
Beginning balance (in shares) at Dec. 31, 2023         163,193,278 18,694,332         163,193,278       18,694,332                    
Beginning balance at Dec. 31, 2023 477,025           446,149       $ 16       $ 2 813,742       (361,441) (6,170) 30,876      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
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 unit 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 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           2,964       $ 1         2,963           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           432,877       $ 17       $ 2 836,286       (392,620) (10,808) 28,594      
Beginning balance (in shares) at Dec. 31, 2023         163,193,278 18,694,332         163,193,278       18,694,332                    
Beginning balance at Dec. 31, 2023 477,025           446,149       $ 16       $ 2 813,742       (361,441) (6,170) 30,876      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Stock issued due to acquisitions 0                                                
Net loss (109,818)                                                
Ending balance (in shares) at Sep. 30, 2024         181,427,420 18,044,332         181,427,420       18,044,332                    
Ending balance at Sep. 30, 2024 488,803           458,564       $ 18       $ 2 928,552       (461,462) (8,546) 30,239      
Beginning balance (in shares) at Mar. 31, 2024                     166,104,433       18,594,332                    
Beginning balance at Mar. 31, 2024 461,471           432,877       $ 17       $ 2 836,286       (392,620) (10,808) 28,594      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
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 unit to Class A (in shares)                     550,000       (550,000)                    
Share-based compensation 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           41,569       $ 1         41,568           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           470,710       $ 18       $ 2 896,220       (411,780) (13,750) 31,923      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Vesting of equity awards (in shares)                     8,688                            
Issuance per net settlement of equity awards and cash exercise of stock options (in shares)                     2,506,611                            
Issuance per net settlement of equity awards and cash exercise of stock options 28           (205)                 (205)           233      
Issuance per Exchange of unit to Class A (in shares)                     61,279                            
Share-based compensation 20,413           20,413                 20,413                  
Issuance in connection with At-The-Market equity offering (in shares)                     1,696,948                            
Issuance in connection with At-The-Market equity offering 10,916           9,811                 9,811           1,105      
Issuance per settlement of contingent considerations (in shares)                     610,975                            
Issuance per settlement of contingent considerations 2,548           2,313                 2,313           235      
Net loss (54,595)           (49,682)                         (49,682)   (4,913)      
Foreign currency translation adjustment 6,860           5,204                           5,204 1,656      
Ending balance (in shares) at Sep. 30, 2024         181,427,420 18,044,332         181,427,420       18,044,332                    
Ending balance at Sep. 30, 2024 $ 488,803           $ 458,564       $ 18       $ 2 $ 928,552       $ (461,462) $ (8,546) $ 30,239