Quarterly report [Sections 13 or 15(d)]

Segment Information (Tables)

v3.26.1
Segment Information (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Information [Abstract]  
Schedule of Segment Information

The following table presents segment information for three months ended March 31, 2026 and 2025:

 

    Three months
ended
March 31,
2026		     Three months
ended
March 31,
2025		  
(dollars in thousands)   Total     Total  
Product revenue   $ 38,368     $ 3,224  
Service and subscription revenue     9,323       809  
Development revenue     2,431       215  
Revenue, net     50,122       4,248  
Cost of goods sold     25,464       2,760  
Gross profit (loss)     24,658       1,488  
Operating expenses:                
General and administration     43,316       5,909  
Sales and marketing     10,494       2,430  
Research and development     13,519       3,459  
Total other income     404,166       (3,826 )
Segment operating profit (loss)     361,495       (14,136 )
Reconciliation of profit or loss adjustments and reconciling items    
-
      
-
  
Income (loss) before provision for income taxes   $ 361,495     $ (14,136 )