Business Combinations (Tables)

12 Months Ended

Dec. 31, 2024

Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]

Schedule of Business Acquisitions, by Acquisition

The following presents the final allocation of the purchase consideration to the assets acquired and liabilities assumed for the aforementioned businesses as of December 31, 2024:

	Kinetic		Exalos		Silicon Radar		GEO
Purchase price — cash consideration paid	$	3,200	$	—	$	8,653	$	91,076
Purchase price — cash consideration accrued	1,300		—		800		3,464
Less: cash acquired	—		(3,439)		(208)		(1,092)
Net cash consideration	$	4,500	$	(3,439)	$	9,245	$	93,448
Purchase price — equity consideration issued (common stock)	$	—	$	42,791	$	9,834	$	75,556
Purchase price — equity consideration issuable (common stock)	—		2,500		—		20,979
Total equity consideration	$	—	$	45,291	$	9,834	$	96,535
Contingent consideration	4,599		9,755		9,240		59,280
Net consideration	$	9,099	$	51,607	$	28,319	$	249,263
Estimated fair value of net assets and liabilities assumed:
Current assets other than cash	$	5,306	$	4,531	$	2,979	$	24,043
Property and equipment	950		1,253		781		178
Developed technology	250		23,100		4,950		69,330
In-process research & development	1,250		7,600		8,870		27,040
Customer relationships	160		6,870		4,340		14,220
Backlog	170		1,220		150		390
Trade name	15		4,300		2,130		10,320
Other non-current assets	729		—		17		10
Current liabilities	(753)		(3,541)		(1,585)		(6,084)
Deferred revenue	—		—		(512)		—
Deferred tax liabilities, non-current	—		(8,660)		(2,772)		(1,982)
Other non-current liabilities	(217)		—		—		(711)
Total fair value of net assets acquired	$	7,860	$	36,673	$	19,348	$	136,754
Goodwill	$	1,239	$	14,934	$	8,971	$	112,509

As of September 30, 2024, the Company finalized the opening net assets acquired and goodwill as follows:

	Preliminary Valuation		Adjustment		Final Valuation
Purchase price — contingent considerations	$	13,225	$	(3,470)	$	9,755
Inventory	1,934		123		2,057
Property and equipment	1,001		252		1,253
Developed technology	7,968		15,132		23,100
In-progress research & development	7,968		(368)		7,600
Customer relationships	5,312		1,558		6,870
Backlog	664		556		1,220
Trade name	3,984		316		4,300
Deferred tax liabilities, non-current	(5,330)		(3,330)		(8,660)
Operating lease right-of-use assets step-up	664		(664)		—
Goodwill	31,979		(17,045)		14,934

Schedule of Asset Acquisition

As of December 31, 2024, the Company finalized the opening net assets acquired and goodwill as follows:

	Preliminary Valuation	Adjustment	Final Valuation
Inventory	4,444	(734)	3,710
Property and equipment	962	(12)	950
Developed technology	455	(205)	250
In-progress research & development	750	500	1,250
Customer relationships	250	(90)	160
Backlog	19	151	170
Trade name	97	(82)	15
Goodwill	767	472	1,239

Schedule of Pro Forma Financial Information

The unaudited pro forma financial information shown below summarizes the combined results of operations for the Company and GEO as if the closing of the acquisition had occurred on January 1, 2023:

	Year ended December 31, 2023		Year ended December 31, 2022
Combined revenue	$	226,839	$	160,748
Combined net loss before income taxes	$	(143,046)	$	(87,020)