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Condensed Consolidated Statements of Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue    
Total Revenue $ 323,912 $ 154,518
Cost of Revenue    
Total Cost of Revenue 236,104 100,202
Gross Profit 87,808 54,316
Selling, general and administrative expenses 67,397 27,893
Research and development expenses 70,143 26,491
Operating Loss (49,732) (68)
Interest and dividend income 304 204
Interest expense (3,287) (30)
Net investment gain (loss) 1,252 (3,415)
Other expense, net (303) (226)
Loss Before Income Taxes (51,766) (3,535)
Income tax benefit 11,313 2,408
Net Loss (40,453) (1,127)
Less: Net Loss attributable to non-controlling interest [1] (5,989)  
Net Loss attributable to ADTRAN Holdings, Inc. $ (34,464) $ (1,127)
Weighted average shares outstanding – basic 78,358 49,113
Weighted average shares outstanding – diluted 78,358 49,113
Loss per common share attributable to ADTRAN Holdings, Inc. - basic $ (0.44) $ (0.02)
Loss per common share attributable to ADTRAN Holdings, Inc. - diluted $ (0.44) $ (0.02)
Network Solutions [Member]    
Revenue    
Total Revenue $ 282,418 $ 138,374
Cost of Revenue    
Total Cost of Revenue 219,130 90,653
Gross Profit 63,288 47,721
Services & Support [Member]    
Revenue    
Total Revenue 41,494 16,144
Cost of Revenue    
Total Cost of Revenue 16,974 9,549
Gross Profit $ 24,520 $ 6,595
[1] Includes $3.2 million of net loss attributable to non-controlling interests pre-DPLTA and $2.8 million of annual recurring compensation earned by redeemable non-controlling interests and accrued by the Company post-DPLTA.