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Balance Sheet Components (Tables)
 12 Months Ended
Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Cash and Cash Equivalents
The Company’s cash and cash equivalents consist of the following (in thousands):
December 31,
20242023
Cash$20,802 $40,648 
Cash equivalents:
Money market funds(1)
24,740 7,354 
Commercial paper— 2,989 
Total cash and cash equivalents
$45,542 $50,991 
(1) The Company maintains a cash sweep account, which is included in money market funds as of December 31, 2024 and 2023, respectively. Cash is invested in short-term money market funds that earn interest.
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the consolidated balance sheets to the total of the amounts reported in the consolidated statements of cash flows (in thousands):
December 31,
20242023
Cash and cash equivalents
$45,542 $50,991 
Restricted cash, current
722 552 
Restricted cash, non-current
1,835 1,091 
Total cash, cash equivalents and restricted cash
$48,099 $52,634 
Schedule of Restricted Cash
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the consolidated balance sheets to the total of the amounts reported in the consolidated statements of cash flows (in thousands):
December 31,
20242023
Cash and cash equivalents
$45,542 $50,991 
Restricted cash, current
722 552 
Restricted cash, non-current
1,835 1,091 
Total cash, cash equivalents and restricted cash
$48,099 $52,634 
Schedule of Inventory
Inventory, consisting of material, direct and indirect labor, and manufacturing overhead, consists of the following (in thousands):
December 31,
20242023
Raw materials$3,610 $10,062 
Work in process307 75 
Finished goods12,500 13,095 
Total inventory$16,417 $23,232 
Schedule of Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consist of the following (in thousands):
December 31,
20242023
Prepaid expenses$5,703 $5,377 
Prepaid insurance893 648 
Receivable from contract manufacturers2,882 2,028 
Insurance receivable2,000 23,375 
Other current assets1,272 3,219 
Total prepaid and other current assets$12,750 $34,647 
Schedule of Property and Equipment, Net
Property and equipment consists of the following (in thousands):
Estimated Useful Life
(in years)		December 31,
20242023
Machinery and equipment3$12,146 $16,535 
Computer equipment3689 1,104 
Automotive and vehicle hardware593 22 
Software3601 593 
Furniture and fixtures7845 946 
Construction in progress6,349 3,572 
Leasehold improvementsShorter of useful life or lease term9,459 10,879 
30,182 33,651 
Less: Accumulated depreciation(20,018)(23,423)
Property and equipment, net
$10,164 $10,228 
The following table summarizes the Company's property and equipment, net by geography (in thousands):
December 31,
20242023
United States$3,668 $4,967 
Thailand1,766 2,733 
France3,208 2,416 
Taiwan1,180 — 
Others342 112 
Total$10,164 $10,228 
Schedule of Goodwill
The following table presents goodwill activity (in thousands):
Goodwill
December 31, 2022$51,152 
Goodwill addition related to Velodyne Merger
115,523 
Goodwill impairment charges
(166,675)
December 31, 2023$— 
Schedule of Acquired Intangible Assets
The following tables present acquired intangible assets, net as of December 31, 2024 and 2023 (in thousands):
December 31, 2024
Estimated Useful Life
(in years)		Gross Carrying amountAccumulated AmortizationNet Book Value
Developed technology3 - 8$23,500 $(9,795)$13,705 
Vendor relationship36,600 (6,600)— 
Customer relationships3 - 86,300 (2,175)4,125 
Intangible assets, net$36,400 $(18,570)$17,830 

December 31, 2023
Estimated Useful Life
(in years)		Gross Carrying amountAccumulated AmortizationNet Book Value
Developed technology3 - 8$23,500 $(5,948)$17,552 
Vendor relationship36,600 (4,767)1,833 
Customer relationships3 - 86,300 (1,249)5,051 
Intangible assets, net$36,400 $(11,964)$24,436 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The following table summarizes estimated future amortization expense of finite-lived intangible assets, net (in thousands):
Years:Amount
20254,513 
20263,774 
20273,682 
20282,779 
20292,331 
Thereafter751 
Total$17,830 
Schedule of Product Warranties
The following table reflects the activity in accrued warranty cost (in thousands):
December 31,
20242023
Beginning balance$3,661 $2,096 
Additions from acquisitions— 802 
Warranty expenditures(901)(2,820)
Change to warranty accrual289 3,583 
Ending balance$3,049 $3,661 
Schedule of Accrued and Other Current Liabilities
Accrued and other current liabilities consist of the following (in thousands):
December 31,
20242023
Accrued legal fees and contingencies$8,493 $28,415 
Uninvoiced receipts4,368 12,980 
Accrued compensation6,115 6,387 
Sales and use tax2,215 2,667 
Other9,400 7,717 
Total accrued and other current liabilities$30,591 $58,166