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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue:    
Total revenue $ 54,077 $ 52,353
Operating expenses:    
Cost of goods sold 31,528 30,089
Research and development 42,115 49,589
Selling, general, and administrative 19,367 22,322
Total operating expenses 93,010 102,000
Loss from operations (38,933) (49,647)
Other income (expense), net:    
Interest income 2,267 1,309
Interest expense (4,516) (2,106)
Gain from change in fair value of contingent considerations and acquisition-related holdbacks 4,803 15,359
Other expense (736) (247)
Total other income, net 1,818 14,315
Net loss before income taxes (37,115) (35,332)
Income tax benefit (provision) (56) 1,109
Net loss (37,171) (34,223)
Less: Net loss attributable to noncontrolling interest (2,625) (3,044)
Net loss attributable to indie Semiconductor, Inc. (34,546) (31,179)
Net loss attributable to common shares — basic (34,546) (31,179)
Net loss attributable to common shares — diluted $ (34,546) $ (31,179)
Net loss per share attributable to common shares— basic (in dollars per share) $ (0.18) $ (0.19)
Net loss per share attributable to common shares— diluted (in dollars per share) $ (0.18) $ (0.19)
Weighted average common shares outstanding - basic (in shares) 191,463,848 164,602,608
Weighted average common shares outstanding - diluted (in shares) 191,463,848 164,602,608
Product revenue    
Revenue:    
Total revenue $ 50,420 $ 48,578
Contract revenue    
Revenue:    
Total revenue $ 3,657 $ 3,775