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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
Income Statement [Abstract]        
Revenue $ 166,361 $ 236,568 $ 316,375 $ 396,860
Cost of product revenue 138,895 182,775 252,808 306,044
Amortization of acquired intangible assets 0 290 0 572
Total cost of revenue 138,895 183,065 252,808 306,616
Gross profit 27,466 53,503 63,567 90,244
Research and development 23,230 37,971 57,108 79,240
Selling and marketing 39,980 55,596 69,696 98,072
General and administrative 16,926 26,537 (36,785) 56,846
Restructuring and other 8,230 4,278 22,377 8,084
Amortization of acquired intangible assets 168 177 339 355
Total operating expenses 88,534 124,559 112,735 242,597
Operating loss (61,068) (71,056) (49,168) (152,353)
Other expense, net (8,849) (4,027) (12,034) (5,104)
Loss before income taxes (69,917) (75,083) (61,202) (157,457)
Income tax expense 729 5,717 837 4,455
Net loss $ (70,646) $ (80,800) $ (62,039) $ (161,912)
Basic $ (2.41) $ (2.93) $ (2.16) $ (5.88)
Diluted $ (2.41) $ (2.93) $ (2.16) $ (5.88)
Basic 29,309 27,619 28,740 27,543
Diluted 29,309 27,619 28,740 27,543