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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Statement of Comprehensive Income [Abstract]      
Consolidated net income $ 6,139 $ 53,600 $ 25,426
Foreign currency translation losses, net of tax benefit [1] (360) (209) (519)
Unrealized gains (losses) on available-for-sale securities, net of tax [1] 111 (92) 821
Other comprehensive (loss) income (249) (301) 302
Consolidated comprehensive income 5,890 53,299 25,728
Less: Comprehensive loss attributable to noncontrolling interest (17) (11) (58)
Comprehensive income attributable to Vicor Corporation $ 5,907 $ 53,310 $ 25,786
[1] The deferred tax assets associated with cumulative foreign currency translation losses and cumulative unrealized gains (losses) on available-for-sale securities are completely offset by a tax valuation allowance as of December 31, 2024, 2023, and 2022. Therefore, there is no income tax benefit (provision) recognized in any of the three years ended December 31, 2024.