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Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Statement of Comprehensive Income [Abstract]        
Consolidated net income (loss) $ 11,554 $ 16,583 $ (4,103) $ 44,936
Foreign currency translation gains (losses), net of tax [1] 373 (77) (38) (267)
Unrealized gains (losses) on available-for-sale securities, net of tax [1] 40 20 110 (11)
Other comprehensive income (loss) 413 (57) 72 (278)
Consolidated comprehensive income (loss) 11,967 16,526 (4,031) 44,658
Less: Comprehensive income (loss) attributable to noncontrolling interest 30 (6) 11 (12)
Comprehensive income (loss) attributable to Vicor Corporation $ 11,937 $ 16,532 $ (4,042) $ 44,670
[1] The deferred tax assets associated with foreign currency translation losses and unrealized gains (losses) on available-for-sale securities are completely offset by a tax valuation allowance as of September 30, 2024 and 2023. Therefore, there is no income tax benefit (provision) recognized for the three and nine months ended September 30, 2024 and 2023.