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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue $ 96,046 $ 85,854 $ 190,014 $ 169,726
Patent litigation settlement 45,000 0 45,000 0
Total net revenues and patent litigation settlement 141,046 85,854 235,014 169,726
Cost of product revenues 48,918 43,083 98,521 81,832
Gross margin 92,128 42,771 136,493 87,894
Operating expenses:        
Selling, general and administrative 27,952 23,318 53,089 49,317
Research and development 18,791 16,939 38,168 34,978
Litigation-contingency expense 0 2,300 0 19,500
Total operating expenses 46,743 42,557 91,257 103,795
Income (loss) from operations 45,385 214 45,236 (15,901)
Other income (expense), net:        
Total unrealized (losses) gains on available-for-sale securities, net (80) (22) (57) 70
Less: portion of losses (gains) recognized in other comprehensive income 80 22 57 (70)
Net credit gains recognized in earnings 0 0 0 0
Other income (expense), net 3,657 2,807 6,791 5,531
Total other income (expense), net 3,657 2,807 6,791 5,531
Income (loss) before income taxes 49,042 3,021 52,027 (10,370)
Less: Provision for income taxes 7,842 4,216 8,266 5,287
Consolidated net income (loss) 41,200 (1,195) 43,761 (15,657)
Less: Net income attributable to noncontrolling interest 8 1 30 12
Net income (loss) attributable to Vicor Corporation $ 41,192 $ (1,196) $ 43,731 $ (15,669)
Net income (loss) per common share attributable to Vicor Corporation:        
Basic $ 0.92 $ (0.03) $ 0.97 $ (0.35)
Diluted $ 0.91 $ (0.03) $ 0.97 $ (0.35)
Shares used to compute net income (loss) per common share attributable to Vicor Corporation:        
Basic [1] 45,007 44,855 45,112 44,686
Diluted 45,077 44,855 45,286 44,686
Product Revenue [Member]        
Revenue $ 85,693 $ 76,583 $ 168,899 $ 152,275
Royalty Revenue [Member]        
Revenue $ 10,353 $ 9,271 $ 21,115 $ 17,451
[1] Denominator represents the weighted average number of shares of Common Stock and Class B Common Stock outstanding.