Calix, Inc
(NYSE:CALX)

Calix, Inc., together with its subsidiaries, provides cloud and software platforms, and systems and services required to deliver the unified access network in the United States, the Middle East, Canada, Europe, the Caribbean, and internationally. The company's cloud and software platforms, and syste...

Website: http://www.calix.com

Founded: 1999

Full Time Employees: 763

Sector: Technology

Industry: Software-Application

Technology

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At a glance:

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Quarterly

Annual

Unit: USD	2026-03-28	2025-12-31	2025-09-27	2025-06-28	2025-03-29	2024-12-31	2024-09-28	2024-06-29	2024-03-30	2023-12-31	2023-09-30	2023-07-01	2023-04-01	2022-12-31	2022-10-01	2022-07-02	2022-04-02	2021-12-31	2021-10-02	2021-07-03	2021-04-03	2020-12-31	2020-09-26	2020-06-27	2020-03-28	2019-12-31	2019-09-28	2019-06-29	2019-03-30	2018-12-31	2018-09-29	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-07-01	2017-04-01	2016-12-31	2016-09-24	2016-06-25	2016-03-26	2015-12-31	2015-09-26	2015-06-27	2015-03-28	2014-12-31	2014-09-27	2014-06-28	2014-03-29	2013-12-31	2013-09-28	2013-06-29	2013-03-30	2012-12-31	2012-09-29	2012-06-30	2012-03-31	2011-12-31	2011-09-24	2011-06-25	2011-03-26	2010-12-31	2010-09-25	2010-06-26	2010-03-27

revenue:
appliance	232,843,000
software and service	47,141,000
total revenue	279,984,000													155,831,000	236,334,000	202,042,000	184,948,000	176,419,000	172,231,000	168,670,000	162,074,000	170,026,000	150,508,000	119,023,000	101,682,000	120,191,000	114,485,000	100,304,000	89,350,000	115,516,000	114,699,000	111,702,000	99,403,000	137,899,000	128,827,000	126,123,000	117,518,000
yoy														-11.67%	37.22%	19.79%	14.11%	3.76%	14.43%	41.71%	59.39%	41.46%	31.47%	18.66%	13.80%	4.05%	-0.19%	-10.20%	-10.11%	-16.23%	-10.97%	-11.43%	-15.41%
qoq														-34.06%	16.97%	9.24%	4.83%	2.43%	2.11%	4.07%	-4.68%	12.97%	26.45%	17.05%	-15.40%	4.98%	14.14%	12.26%	-22.65%	0.71%	2.68%	12.37%	-27.92%	7.04%	2.14%	7.32%
cost of revenue:
total cost of revenue	120,688,000													78,195,000	117,762,000	101,862,000	93,156,000	85,186,000	82,738,000	79,051,000	75,832,000	81,011,000	74,533,000	62,618,000	56,058,000	65,479,000	64,283,000	55,636,000	51,007,000	63,892,000	61,866,000	60,836,000	57,344,000	87,342,000	84,194,000	82,800,000	83,141,000	79,614,000	67,643,000	57,419,000	52,893,000	58,462,000	59,184,000	50,840,000	48,548,000	60,192,000	60,689,000	53,663,000	48,894,000	53,956,000	56,221,000	51,934,000	49,433,000	54,394,000	47,795,000	45,707,000	44,746,000	54,531,000	51,808,000	67,796,000	51,081,000	53,039,000	46,528,000	43,215,000	31,531,000
gross profit	159,296,000	157,303,000	152,010,000	136,295,000	122,708,000	113,367,000	110,047,000	107,603,000	122,577,000	113,246,000	140,549,000	136,470,000	128,051,000	124,884,000	118,572,000	100,180,000	91,792,000	91,233,000	89,493,000	89,619,000	86,242,000	89,015,000	75,975,000	56,405,000	45,624,000	54,712,000	50,202,000	44,668,000	38,343,000	51,624,000	52,833,000	50,866,000	42,059,000	50,557,000	44,633,000	43,323,000	34,377,000	52,186,000	53,544,000	50,006,000	45,482,000	46,537,000	53,113,000	48,289,000	42,490,000	51,441,000	45,080,000	44,342,000	36,926,000	40,047,000	47,407,000	42,505,000	41,115,000	37,030,000	33,506,000	33,221,000	33,819,000	37,054,000	31,847,000	30,163,000	20,389,000	38,656,000	28,964,000	28,438,000	16,672,000
yoy	29.82%	38.76%	38.13%	26.66%	0.11%	0.11%	-21.70%	-21.15%	-4.27%	-9.32%	18.53%	36.22%	39.50%	36.88%	32.49%	11.78%	6.44%	2.49%	17.79%	58.88%	89.03%	62.70%	51.34%	26.28%	18.99%	5.98%	-4.98%	-12.18%	-8.84%	2.11%	18.37%	17.41%	22.35%	-3.12%	-16.64%	-13.36%	-24.42%	12.14%	0.81%	3.56%	7.04%	-9.53%	17.82%	8.90%	15.07%	28.45%	-4.91%	4.32%	-10.19%	8.15%	41.49%	27.95%	21.57%	-0.06%	5.21%	10.14%	65.87%	-4.14%	9.95%	6.07%	22.29%
qoq	1.27%	3.48%	11.53%	11.07%	8.24%	3.02%	2.27%	-12.22%	8.24%	-19.43%	2.99%	6.57%	2.54%	5.32%	18.36%	9.14%	0.61%	1.94%	-0.14%	3.92%	-3.12%	17.16%	34.70%	23.63%	-16.61%	8.98%	12.39%	16.50%	-25.73%	-2.29%	3.87%	20.94%	-16.81%	13.27%	3.02%	26.02%	-34.13%	-2.54%	7.08%	9.95%	-2.27%	-12.38%	9.99%	13.65%	-17.40%	14.11%	1.66%	20.08%	-7.79%	-15.53%	11.53%	3.38%	11.03%	10.52%	0.86%	-1.77%	-8.73%	16.35%	5.58%	47.94%	-47.26%	33.46%	1.85%	70.57%
gross margin %	56.89%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	80.14%	50.17%	49.58%	49.63%	51.71%	51.96%	53.13%	53.21%	52.35%	50.48%	47.39%	44.87%	45.52%	43.85%	44.53%	42.91%	44.69%	46.06%	45.54%	42.31%	36.66%	34.65%	34.35%	29.25%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%
operating expenses:
sales and marketing	63,486,000	66,667,000	60,257,000	63,653,000	58,059,000	59,443,000	52,301,000	52,238,000	53,897,000	55,747,000	52,356,000	54,596,000	51,865,000	51,186,000	46,134,000	41,138,000	36,091,000	37,004,000	31,144,000	29,710,000	28,051,000	29,139,000	23,079,000	21,343,000	20,624,000	23,357,000	20,123,000	19,734,000	19,339,000	25,282,000	20,722,000	20,527,000	19,901,000	23,475,000	18,448,000	18,429,000	22,429,000	24,825,000	20,575,000	19,213,000	19,062,000	21,165,000	18,424,000	19,215,000	19,759,000	21,721,000	18,717,000	18,455,000	17,390,000	18,583,000	16,612,000	17,079,000	15,801,000	17,249,000	15,093,000	14,897,000	14,890,000	16,720,000	12,593,000	14,172,000	12,066,000	13,107,000	10,408,000	10,184,000	8,422,000
research and development	54,646,000	53,534,000	47,055,000	45,787,000	43,980,000	45,858,000	45,467,000	44,123,000	44,422,000	42,295,000	46,963,000	45,341,000	43,173,000	38,551,000	33,196,000	30,430,000	29,817,000	25,940,000	25,727,000	25,716,000	24,364,000	23,288,000	20,378,000	20,921,000	20,671,000	20,264,000	20,890,000	20,700,000	19,330,000	21,215,000	21,111,000	22,101,000	25,536,000	28,150,000	32,633,000	32,950,000	33,808,000	30,944,000	28,119,000	25,033,000	22,773,000	22,829,000	22,120,000	22,851,000	21,914,000	21,207,000	19,930,000	19,544,000	19,630,000	19,316,000	19,777,000	20,035,000	20,171,000	17,144,000	16,165,000	16,473,000	16,966,000	17,385,000	16,717,000	18,584,000	15,039,000	16,180,000	14,299,000	13,086,000	11,847,000
general and administrative	28,448,000	27,827,000	27,293,000	26,464,000	26,750,000	26,816,000	23,175,000	22,598,000	26,290,000	27,295,000	25,301,000	24,722,000	23,077,000	22,096,000	19,237,000	18,911,000	16,031,000	14,459,000	14,631,000	13,664,000	13,025,000	11,814,000	10,768,000	11,193,000	10,669,000	9,597,000	9,566,000	9,165,000	8,787,000	10,553,000	10,481,000	10,371,000	9,095,000	9,714,000	10,203,000	9,701,000	10,257,000	8,652,000	8,615,000	11,641,000	12,684,000	9,726,000	9,140,000	9,436,000	10,152,000	8,814,000	7,625,000	7,681,000	7,251,000	7,652,000	8,478,000	7,684,000	8,131,000	6,432,000	6,773,000	6,129,000	6,780,000	5,552,000	5,475,000	6,667,000	9,308,000	8,483,000	7,344,000	7,423,000	4,748,000
total operating expenses	146,580,000	148,028,000	134,605,000	135,904,000	128,789,000	132,117,000	120,943,000	118,959,000	124,609,000	125,337,000	124,620,000	124,659,000	118,115,000	111,833,000	98,567,000	90,479,000	81,939,000	76,617,000	71,502,000	69,090,000	65,440,000	64,241,000	54,225,000	59,743,000	51,964,000	53,218,000	53,053,000	49,599,000	47,456,000	56,779,000	52,157,000	53,792,000	53,168,000	63,320,000	61,896,000	62,037,000	67,193,000	64,421,000	52,809,000	55,887,000	56,220,000	56,272,000	52,236,000	54,054,000	54,377,000	54,294,000	48,824,000	48,232,000	46,823,000	48,103,000	47,419,000	47,350,000	46,655,000	44,778,000	40,583,000	40,051,000	41,188,000	42,210,000	38,741,000	47,700,000	43,123,000	39,760,000	34,373,000	30,878,000	25,202,000
operating income	12,716,000	9,275,000	17,405,000	391,000	-6,081,000	-18,750,000	-10,896,000	-11,356,000	-2,032,000	-12,091,000	15,929,000	11,811,000	9,936,000	13,051,000	20,005,000	9,701,000	9,853,000
yoy	-309.11%	-149.47%	-259.74%	-103.44%	199.26%	55.07%	-168.40%	-196.15%	-120.45%	-192.64%	-20.37%	21.75%	0.84%
qoq	37.10%	-46.71%	4351.41%	-106.43%	-67.57%	72.08%	-4.05%	458.86%	-83.19%	-175.91%	34.87%	18.87%	-23.87%	-34.76%	106.22%	-1.54%
operating margin %	4.54%	Infinity%	Infinity%	Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	8.38%	8.46%	4.80%	5.33%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%
interest income and other expense, net:
interest income	2,858,000	3,924,000	3,264,000	2,959,000	3,287,000	3,466,000	3,282,000	2,960,000	2,635,000	3,151,000	2,658,000	2,255,000	1,640,000	1,139,000	595,000	240,000	35,000													-102,000	-142,000	-165,000	-223,000	-248,000	-60,000	54,000	88,000	126,000	184,000	216,000	211,000	271,000	297,000	338,000	379,000	643,000	52,000	30,000	4,000	3,000	2,000	1,000	1,000	1,000	3,000	4,000	7,000	7,000	11,000	26,000	43,000	87,000	120,000	103,000	74,000
other expense	-342,000	198,000	-335,000		-196,000	-356,000	-178,000		-135,000	-84,000	-444,000		-167,000					-762,000	-463,000										-391,000
total interest income and other expense	2,516,000	4,122,000	2,929,000		3,091,000	3,110,000	3,104,000	2,674,000	2,500,000	1,526,250	2,214,000		1,473,000
income before income taxes	15,232,000	13,397,000	20,334,000	3,427,000	-2,990,000	-15,640,000	-7,792,000	-8,682,000	468,000	-9,024,000	18,143,000	14,229,000	11,409,000	14,087,000	20,466,000	9,669,000	9,820,000	13,782,000	17,442,000
income taxes	4,022,000	2,524,750	4,676,000	3,626,000	1,797,000	2,284,000	-3,824,000	-724,000	365,000	-2,425,000	1,190,000	4,856,000	1,811,000	2,160,000	7,023,000	2,148,000	1,701,000	-6,099,000	-159,982,000
net income	11,210,000	7,212,000	15,658,000	-199,000	-4,787,000	-17,924,000	-3,968,000	-7,958,000	103,000	-6,599,000	16,953,000	9,373,000	9,598,000	11,927,000	13,443,000	7,521,000	8,119,000	19,881,000	177,424,000	20,458,000	20,615,000	24,102,000	20,538,000	-4,212,000	-6,944,000	497,000	-3,379,000	-5,045,000	-9,767,000	-5,578,000	809,000	-2,793,000	-11,736,000	-12,866,000	-17,853,000	-18,988,000	-33,325,000	-11,483,000	636,000	-5,826,000	-10,729,000	-9,546,000	922,000	-5,779,000	-11,930,000	-2,988,000	-3,848,000	-3,951,000	-10,027,000	-6,453,000	544,000	-5,153,000	-6,203,000	-6,574,000	-7,140,000	-7,091,000	-7,521,000	-5,214,000	-6,934,000	-17,646,000	-22,756,000	-738,000	-5,351,000	-3,202,000	-9,262,000
yoy	-334.18%	-140.24%	-494.61%	-97.50%	-4747.57%	171.62%	-123.41%	-184.90%	-98.93%	-155.33%	26.11%	24.62%	18.22%	-40.01%	-92.42%	-63.24%	-60.62%	-17.51%	763.88%	-585.71%	-396.88%	4749.50%	-707.81%	-16.51%	-28.90%	-108.91%	-517.68%	80.63%	-16.78%	-56.65%	-104.53%	-85.29%	-64.78%	12.04%	-2907.08%	225.92%	210.61%	20.29%	-31.02%	0.81%	-10.07%	219.48%	-123.96%	46.27%	18.98%	-53.70%	-807.35%	-23.33%	61.65%	-1.84%	-107.62%	-27.33%	-17.52%	26.08%	2.97%	-59.82%	-66.95%	606.50%	29.58%	451.09%	145.69%
qoq	55.44%	-53.94%	-7968.34%	-95.84%	-73.29%	351.71%	-50.14%	-7826.21%	-101.56%	-138.93%	80.87%	-2.34%	-19.53%	-11.28%	78.74%	-7.37%	-59.16%	-88.79%	767.26%	-0.76%	-14.47%	17.35%	-587.61%	-39.34%	-1497.18%	-114.71%	-33.02%	-48.35%	75.10%	-789.49%	-128.97%	-76.20%	-8.78%	-27.93%	-5.98%	-43.02%	190.21%	-1905.50%	-110.92%	-45.70%	12.39%	-1135.36%	-115.95%	-51.56%	299.26%	-22.35%	-2.61%	-60.60%	55.39%	-1286.21%	-110.56%	-16.93%	-5.64%	-7.93%	0.69%	-5.72%	44.25%	-24.81%	-60.70%	-22.46%	2983.47%	-86.21%	67.11%	-65.43%
net income margin %	4.00%	Infinity%	Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	7.65%	5.69%	3.72%	4.39%	11.27%	103.02%	12.13%	12.72%	14.18%	13.65%	-3.54%	-6.83%	0.41%	-2.95%	-5.03%	-10.93%	-4.83%	0.71%	-2.50%	-11.81%	-9.33%	-13.86%	-15.06%	-28.36%	-Infinity%	Infinity%	-Infinity%	-Infinity%	-Infinity%	Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%
net income per common share:
basic	170	110	240		-70	-270	-60	-120	65,338,000	-100	260	140	150	180	210	120	130	300	2,790	320	330	410	340			13,679,500	55,466,000			-65	20			-350	-350			-82.5	10			-80	20			-87.5	-80			-55	10
diluted	160	110	220		-70	-270	-60	-120	68,119,000	-100	240	130	140	180	190	110	120	270	2,610	300	310	380	320			13,679,500	55,466,000			-65	20			-350	-350			-82.5	10			-80	20			-87.5	-80			-55	10
weighted-average number of shares used to compute
other comprehensive income, net of tax:
unrealized gain on available-for-sale marketable securities	-600,000	-4,000	134,000	41,000	171,000	-796,000	1,190,000	5,000	-212,000	516,000	263,000	-141,000	1,064,000
foreign currency translation adjustments	-134,000	-201,000	-222,000	189,000	96,000	-306,000	273,000	5,000	-112,000	184,000	-33,000	-141,000	102,000	176,000	-335,000	-403,000	-71,000												266,000	-12,000	-343,000	-507,000	279,000	172,000	116,000	132,000	61,000	-421,000	-87,000	-23,000	-18,000	-62,000	-196,000	49,000	-30,000				11,000	11,000	35,000	30,000	-18,000
total other comprehensive income, net of tax	-734,000	-205,000	-88,000	230,000	267,000	-1,102,000	1,463,000	10,000	-324,000	700,000	230,000	-282,000	1,166,000			-709,000													266,000	-12,000	-343,000	-507,000	279,000	175,000	120,000	135,000	57,000	-430,000	-96,000	18,000	47,000	-164,000	-166,000	46,000	9,000				11,000	11,000	35,000	30,000	-18,000	-1,000	24,000
comprehensive income	10,476,000	7,007,000	15,570,000	31,000		-19,026,000	-2,505,000	-7,948,000	-221,000	-5,899,000	17,183,000	9,091,000	10,764,000	12,538,000	12,620,000	6,812,000	6,887,000	19,767,000	177,400,000	20,502,000	20,580,000	24,604,000	20,948,000			-4,644,500	-3,809,000			-3,573,000	466,000			-17,463,500	-17,733,000			-3,987,500	540,000			-4,224,500	756,000			-4,469,250	-3,868,000			-2,691,250	579,000
revenue		181,890,250	265,437,000	241,882,000	220,242,000	206,124,000	200,945,000	198,139,000	226,310,000	264,734,000	263,835,000	261,016,000	250,008,000																									131,800,000	121,187,000	107,425,000	98,375,000	104,999,000	112,297,000	99,129,000	91,038,000	111,633,000	105,769,000	98,005,000	85,820,000	94,003,000	103,628,000	94,439,000	90,548,000	91,424,000	81,301,000	78,928,000	78,565,000	91,585,000	83,655,000	97,959,000	71,470,000	91,695,000	75,492,000	71,653,000	48,203,000
cost of revenue		79,137,000	113,427,000	105,587,000	97,534,000	92,757,000	90,898,000	90,536,000	103,733,000	151,488,000	123,286,000	124,546,000	121,957,000																									188,000	174,000	183,000	127,000	160,000	163,000	211,000	175,000	206,000	206,000	354,000	354,000	378,000	362,000	377,000	351,000	344,000	345,000	381,000	363,000			331,000	504	593	528	484	140
interest income and other income, net:
other income				77,000				-286,000				163,000		-118,500	-134,000	-272,000	-68,000			255,000	88,000	-176,000	-707,000	-109,000	15,000	-258,000	353,000	123,000		-144,000	360,000	456,000	-294,000	313,000	-305,000	-151,000	120,000	615,000	81,000	133,000	83,000	298,000	196,000	29,000	48,000	107,000	18,000	70,000	33,000	1,000	4,000	-43,000	-279,000	67,000	19,000	-67,000	-22,000	28,000	35,000	24,000	5,000	3,250	4,000	-2,000	11,000
total interest income and other income				3,036,000								2,418,000
net loss per common share:
basic				64,525,000																				57,261,000	56,540,000																								-200
diluted				64,525,000																				57,261,000	56,540,000																								-200
comprehensive loss					-4,520,000																			-4,209,000	-7,196,000			-5,268,000	-9,501,000			-3,300,000	-11,457,000			-18,853,000	-33,268,000			-5,808,000	-10,682,000			-5,733,000	-11,921,000			-3,993,000	-10,016,000			-5,123,000	-6,221,000	-6,575,000	-7,116,000	-7,126,000	-7,568,000
systems														147,866,500	225,845,000	191,195,000	174,426,000	166,646,000	163,076,000	159,553,000	153,302,000	160,908,000	142,294,000	110,841,000	94,509,000	111,978,000	106,060,000	92,833,000	82,360,000	105,077,000	104,992,000	102,563,000	93,291,000				91,605,000
services														7,964,500	10,489,000	10,847,000	10,522,000	9,773,000	9,155,000	9,117,000	8,772,000	9,118,000	8,214,000	8,182,000	7,173,000	8,213,000	8,425,000	7,471,000	6,990,000	10,439,000	9,707,000	9,139,000	6,112,000	21,404,000	22,385,000	18,775,000	25,913,000
interest and other income, net:
total interest and other income														1,036,000	461,000	-32,000				136,000	-37,000	-516,000	-1,063,000			-695,000	82,000	-19,000		-246,000	218,000	291,000	-517,000
other comprehensive loss, net of tax:
unrealized loss on available-for-sale marketable securities														435,000	-488,000	-306,000	-1,161,000
total other comprehensive loss, net of tax														-691,000	-823,000		-1,232,000
interest and other expense, net:
total interest and other expense																	-33,000	-834,000	-549,000					-726,000	-275,000				-499,000
restructuring charges																								6,286,000						-271,000	-157,000	793,000	5,340,000	1,981,000	612,000	957,000	699,000
income from operations																		14,830,500	17,991,000	20,529,000	20,802,000	24,774,000	21,750,000	-3,338,000	-6,340,000	1,494,000	-2,851,000	-4,931,000	-9,113,000	-5,155,000	676,000	-2,926,000	-11,109,000	-12,763,000	-17,263,000	-18,714,000	-32,816,000	-12,235,000	735,000	-5,881,000	-10,738,000	-9,735,000	877,000	-5,765,000	-11,887,000	-2,853,000	-3,744,000	-3,890,000	-9,897,000	-8,056,000	-12,000	-4,845,000	-5,540,000	-7,748,000	-7,077,000	-6,830,000	-7,369,000	-5,156,000	-6,894,000	-17,537,000	-22,734,000	-1,104,000	-5,409,000	-2,440,000	-8,530,000
interest expense																		-72,000	-86,000	-119,000	-125,000	-322,000	-356,000	-617,000	-290,000	-437,000	-271,000	-142,000	-108,000								-44,000	-96,000	-155,000	-170,000	-164,000	-223,000	-263,000	-279,000	-379,000	-632,000	-59,000	-58,000	-57,000	-73,000	-24,000	-42,000	-28,000	-45,000	-41,000	-57,000	-42,000	-45,000	-48,000	-45,000	-46,000	-50,000	-45,000	-620,000	-473,000
other comprehensive income, net of tax - foreign currency translation adjustments																		-3,750	-24,000						-252,000			-223,000
income before provision for income taxes																				20,665,000	20,765,000	24,276,000	20,687,000	-4,064,000	-6,615,000	799,000	-2,769,000	-4,950,000	-9,612,000	-5,401,000	894,000	-2,635,000	-11,626,000	-12,698,000	-17,628,000	-18,811,000	-32,652,000	-11,590,000	845,000	-5,702,000	-10,608,000	-9,389,000	1,107,000	-5,677,000	-11,839,000	-2,735,000	-3,733,000	-3,848,000	-9,917,000	-6,474,000	-30,000	-4,929,000	-5,846,000	-6,696,000	-7,096,000	-6,950,000	-7,426,000				-22,732,000	-4,345,000	-5,330,000	-2,959,000	-9,091,000
provision for income taxes																				207,000	150,000	174,000	149,000	148,000	329,000	302,000	610,000	95,000	155,000	177,000	85,000	158,000	110,000	168,000	225,000	177,000	673,000	-107,000	209,000	124,000	121,000	157,000	185,000	102,000	91,000	253,000	115,000	103,000	110,000	-21,000	-574,000	224,000	357,000	-122,000	44,000	141,000	95,000	48,000	38,000	114,000	24,000	-354,000	21,000	243,000	171,000
other comprehensive loss, net of tax -foreign currency translation adjustments																				44,000	-35,000
loss on asset retirement																											2,474,000
other comprehensive income, net of tax -foreign currency translation adjustments																						40,250	410,000	3,000
net loss per common share:
basic and diluted																								-70	-120			-90	-180			-50	-230				-670			-120	-220			-110	-230			-80				-100	-130	-140	-150	-150	-160	-90	-150	-380	-550	50	-140	-90	-2,270
weighted-average number of shares used to compute
basic				64,525,000																				57,261,000	56,540,000																								-200
diluted				64,525,000																				57,261,000	56,540,000																								-200
restructuring charge
gain on sale of product line																																	-6,704,000
net income per common share:
basic and diluted																										-82.5	-60																																						4,474
weighted-average number of shares used to compute
basic	170	110	240		-70	-270	-60	-120	65,338,000	-100	260	140	150	180	210	120	130	300	2,790	320	330	410	340			13,679,500	55,466,000			-65	20			-350	-350			-82.5	10			-80	20			-87.5	-80			-55	10
diluted	160	110	220		-70	-270	-60	-120	68,119,000	-100	240	130	140	180	190	110	120	270	2,610	300	310	380	320			13,679,500	55,466,000			-65	20			-350	-350			-82.5	10			-80	20			-87.5	-80			-55	10
other comprehensive loss, net of tax - foreign currency translation adjustments																										-96,750	-430,000
includes stock-based compensation as follows:
unrealized gains on available-for-sale
marketable securities																																		3,000	4,000			-9,000	-9,000	41,000	65,000	-102,000	30,000	-3,000	39,000
unrealized losses on available-for-sale
products																																		116,495,000	106,442,000	107,348,000
amortization of intangible assets																																						814,000	813,000	814,000	1,663,000	2,089,000	2,088,000	2,088,000	2,088,000	2,088,000	2,089,000	2,088,000	2,088,000	2,088,000	2,089,000	2,088,000	2,088,000	2,088,000	2,088,000	2,088,000	1,275,000	2,042,000	2,806,000	3,188,000	1,516,000	185,000	185,000	185,000	185,000
litigation settlement gain																																							-4,500,000
net loss per common share, basic and diluted																																				-380
unrealized gains on available-for-sale marketable securities																																				3,000	-4,000
weighted-average number of shares used to
compute net loss per common share:
basic and diluted																																					49,525,000			48,371,000	48,591,000			51,950,000	51,732,000			50,573,000
products and services																																						78,800,000	66,830,000	56,605,000	51,230,000	56,373,000	57,096,000	48,752,000	46,460,000	58,104,000	58,600,000	51,575,000	46,806,000	51,868,000	54,132,000	49,846,000	47,345,000	52,306,000	45,707,000	43,619,000	43,471,000	52,489,000	49,002,000	54,899,000	39,308,000	51,679,000	45,168,000	41,855,000	30,171,000
compute net income per common share:
basic																																						12,144,500	48,773,000			12,953,500	51,756,000			12,658,750	51,048,000
diluted																																						12,144,500	49,309,000			12,953,500	52,016,000			12,658,750	51,048,000
includes stock-based compensation as follows: - sum																																										3,212,000	2,590,000	4,341,000	3,662,000	3,898,000	3,813,000	4,404,000	3,902,000	4,956,000	4,971,000	5,275,000	4,719,000	4,476,000	4,307,000	4,339,000	4,315,000
marketable securities adjustment																																														-9,500	-13,000	-25,000
foreign currency translation adjustment																																														-3,250	-7,000	-17,000						8,750	24,000	-35,000	-47,000
total other comprehensive income																																														-12,750	-20,000	-42,000								-35,000
weighted-average shares used for eps calculation
basic		66,041,000				65,879,000				65,980,000				65,058,000				63,277,000				59,074,000																											50,271,000		49,694,000
diluted		69,305,000				65,879,000				69,320,000				68,911,000				67,856,000				61,998,000																											50,271,000		51,142,000
weighted-average number of shares used to compute net loss per common share:
basic and diluted																										54,993,000				52,609,000				50,155,000				48,730,000				51,489,000				50,808,000				49,419,000		49,153,000	48,911,000	48,180,000	48,353,000	47,972,000	47,850,000	45,546,000	47,128,000	46,050,000	41,177	29,778	37,341	37,212
merger-related expenses																																																												9,709,000	10,257,000
merger-related and other expenses																																																											1,404,000	5,482,000	6,041,000
unrealized loss on investment
other income:
accumulated other comprehensive loss:
change in fair value of preferred stock warrants																																																																	-173,000
net loss before provision for income taxes																																																										-11,790,000	-6,896,000	-17,532,000
preferred stock dividends																																																																	900,000
net loss attributable to common stockholders																																																										-5,214,000	-6,934,000	-17,646,000	-22,756,000	-738,000	-5,351,000	-3,202,000	-10,162,000
weighted-average number of shares used to compute net loss per share:
basic and diluted																										54,993,000				52,609,000				50,155,000				48,730,000				51,489,000				50,808,000				49,419,000		49,153,000	48,911,000	48,180,000	48,353,000	47,972,000	47,850,000	45,546,000	47,128,000	46,050,000	41,177	29,778	37,341	37,212
amortization of existing technologies																																																														1,360,000	1,360,000	1,360,000	1,360,000
acquisition-related costs																																																														1,805,000	2,137,000
net income per share
basic and diluted																										-82.5	-60																																						4,474

Balance Sheets:

Quarterly

Annual

Unit: USD	2026-03-28	2025-12-31	2025-09-27	2025-06-28	2025-03-29	2024-12-31	2024-09-28	2024-06-29	2024-03-30	2023-12-31	2023-09-30	2023-07-01	2023-04-01	2022-12-31	2022-10-01	2022-07-02	2022-04-02	2021-12-31	2021-10-02	2021-07-03	2021-04-03	2020-12-31	2020-09-26	2020-06-27	2020-03-28	2019-12-31	2019-09-28	2019-06-29	2019-03-30	2018-12-31	2018-09-29	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-07-01	2017-04-01	2016-12-31	2016-09-24	2016-06-25	2016-03-26	2015-12-31	2015-09-26	2015-06-27	2015-03-28	2014-12-31	2014-09-27	2014-06-28	2014-03-29	2013-12-31	2013-09-28	2013-06-29	2013-03-30	2012-12-31	2012-09-29	2012-06-30	2012-03-31	2011-12-31	2011-09-24	2011-06-25	2011-03-26	2010-12-31	2010-09-25	2010-06-26	2010-03-27

assets
current assets:
cash and cash equivalents	54,601,000	143,086,000	95,012,000	76,538,000	42,300,000	43,162,000	62,361,000	84,486,000	88,418,000	63,409,000	135,675,000	90,187,000	94,186,000	79,073,000	75,172,000	51,516,000	44,369,000	51,333,000	60,215,000	58,590,000	85,854,000	80,807,000	63,826,000	50,552,000	46,189,000	46,829,000	37,558,000	34,942,000	44,067,000	49,646,000	53,033,000	48,175,000	42,628,000	39,775,000	64,184,000	37,294,000	26,318,000	50,359,000	31,764,000	26,045,000	21,365,000	23,626,000	36,194,000	39,672,000	29,618,000	48,829,000	39,399,000	32,543,000	75,169,000	82,747,000	79,124,000	69,379,000	48,059,000	46,995,000	57,422,000	53,085,000	49,562,000	38,938,000	30,249,000	18,660,000	29,547,000	66,304,000	35,141,000	24,721,000	80,963,000
marketable securities	188,688,000	245,018,000	244,611,000	222,430,000	240,010,000	253,929,000	225,223,000	176,733,000	151,064,000	156,937,000	114,417,000	173,941,000	162,864,000	162,642,000	159,534,000	173,369,000	168,756,000	153,002,000	128,492,000	117,259,000	64,174,000	52,982,000	39,986,000												6,598,000	12,915,000	25,215,000	27,748,000	29,554,000	38,167,000	42,895,000	49,964,000	57,659,000	59,785,000	68,157,000	62,850,000	48,400,000	46,439,000											2,014,000	8,911,000	8,999,000	32,020,000	74,102,000	77,166,000	36,840,000
accounts receivable	116,772,000	99,367,000	87,465,000	63,076,000	75,511,000	79,321,000	85,272,000	82,064,000	100,307,000	126,027,000	80,661,000	96,980,000	92,209,000	93,804,000	100,527,000	86,128,000	87,952,000	85,219,000	91,929,000	80,164,000	74,408,000	69,419,000	69,131,000	58,590,000	67,136,000	46,509,000	48,532,000	60,186,000	55,202,000	67,026,000	67,671,000	69,535,000	55,746,000	80,392,000	44,227,000	53,392,000	64,188,000	51,336,000	57,256,000	49,118,000	43,804,000	47,155,000	48,188,000	41,985,000	39,000,000	30,744,000	42,781,000	47,330,000	44,134,000	43,520,000	54,421,000	62,726,000	70,717,000	59,519,000	56,392,000	56,391,000	48,140,000	47,943,000	47,901,000	57,940,000	54,342,000	43,377,000	32,881,000	35,540,000	25,178,000
inventory	154,626,000	133,737,000	107,981,000	110,522,000	100,835,000	102,727,000	100,609,000	113,484,000	119,782,000	132,985,000	150,033,000	153,394,000	156,513,000	149,160,000	141,116,000	98,324,000	105,016,000	88,880,000	75,166,000	77,136,000	72,211,000	52,268,000	41,616,000	36,659,000	30,539,000	40,153,000	46,355,000	45,360,000	47,226,000	50,151,000	30,267,000	19,988,000	27,061,000	31,529,000	36,321,000	39,572,000	46,538,000	44,545,000	40,190,000	40,761,000	41,127,000	47,667,000	43,769,000	40,710,000	40,637,000	46,753,000	43,845,000	45,888,000	45,060,000	51,071,000	39,376,000	37,402,000	39,232,000	43,282,000	30,175,000	33,243,000	37,157,000	44,604,000	44,152,000	38,489,000	49,380,000	24,557,000	24,920,000	24,943,000	26,267,000
prepaid expenses and other current assets	72,487,000	70,345,000	80,448,000	89,748,000	103,344,000	105,596,000	111,553,000	113,391,000	119,214,000	118,598,000	106,839,000	84,782,000	70,302,000	62,691,000	58,827,000	51,505,000	34,129,000	30,811,000	18,957,000	17,449,000	13,122,000	11,414,000	9,656,000	11,640,000	11,223,000	9,698,000	8,787,000	7,094,000	9,961,000	7,306,000	10,640,000	11,059,000	12,551,000	8,364,000	11,504,000	11,112,000	11,911,000	10,571,000	15,700,000	8,139,000	9,972,000	9,470,000	8,311,000	11,457,000	10,779,000	12,936,000	6,469,000	5,038,000	4,869,000	5,757,000	6,656,000	8,126,000	6,063,000									3,245,000
total current assets	587,174,000	691,553,000	615,517,000	562,314,000	562,000,000	584,735,000	585,018,000	570,158,000	578,785,000	597,956,000	587,625,000	599,284,000	576,074,000	547,370,000	535,176,000	460,842,000	440,222,000	409,245,000	374,759,000	350,598,000	309,769,000	266,890,000	224,843,000	158,069,000	155,715,000	143,817,000	141,860,000	148,210,000	157,084,000	174,757,000	161,611,000	148,757,000	137,986,000	162,455,000	185,693,000	194,379,000	214,624,000	219,322,000	189,182,000	169,042,000	163,271,000	182,800,000	197,119,000	194,893,000	189,953,000	207,487,000	192,523,000	193,490,000	187,370,000	204,466,000	207,375,000	206,701,000	190,488,000	176,550,000	165,332,000	159,989,000	148,209,000	144,992,000	140,795,000	141,229,000	156,014,000	177,274,000	180,515,000	181,800,000	186,654,000
property and equipment	38,998,000	37,812,000	32,722,000	32,415,000	30,832,000	31,153,000	31,105,000	31,058,000	28,876,000	29,461,000	29,123,000	28,836,000	27,419,000	25,834,000	24,348,000	22,029,000	22,307,000	21,783,000	20,960,000	19,663,000	20,103,000	20,381,000	20,168,000	20,966,000	20,402,000	21,527,000	28,387,000	29,105,000	26,372,000	24,945,000	21,252,000	15,557,000	14,808,000	15,681,000	16,997,000	17,959,000	18,144,000	17,984,000	16,017,000	15,648,000	16,515,000	17,149,000	18,484,000	18,790,000	19,403,000	20,144,000	20,159,000	17,289,000	17,122,000	17,473,000	18,379,000	18,547,000	19,013,000	21,083,000	17,381,000	18,195,000	17,182,000	16,130,000	17,222,000	18,206,000	19,283,000	11,815,000	11,524,000	11,818,000	11,591,000
right-of-use operating leases	13,662,000	14,665,000	10,822,000	4,736,000	5,535,000	6,216,000	7,516,000	8,250,000	9,065,000	9,262,000	9,964,000	10,754,000	10,060,000	9,283,000	10,002,000	10,962,000	11,796,000	12,182,000	10,841,000	10,983,000	11,015,000	11,741,000	10,684,000	11,079,000	15,212,000	15,864,000	15,801,000	16,422,000	17,062,000
deferred tax assets	164,719,000	165,636,000	168,712,000	178,817,000	179,005,000	177,601,000	177,775,000	173,047,000	170,213,000	167,691,000	162,901,000	166,331,000	167,918,000	167,031,000	163,737,000	167,928,000	168,685,000	168,962,000	161,968,000
goodwill	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	116,175,000	118,552,000	65,576,000	65,576,000	65,576,000	65,576,000
other assets	30,680,000	32,681,000	32,421,000	26,949,000	23,572,000	23,387,000	19,936,000	19,208,000	19,674,000	21,320,000	20,872,000	20,388,000	17,181,000	19,142,000	17,441,000	14,876,000	16,061,000	13,685,000	11,014,000	10,416,000	11,073,000	12,165,000	13,463,000	15,025,000	16,550,000	19,440,000	14,288,000	1,336,000	1,459,000	1,203,000	1,987,000	1,981,000	1,943,000	759,000	777,000	811,000	816,000	1,181,000	937,000	1,075,000	1,202,000	1,144,000	1,091,000	1,241,000	1,113,000	1,236,000	1,346,000	1,503,000	1,618,000	1,745,000	1,827,000	1,591,000	1,694,000	1,788,000	1,774,000	1,892,000	2,050,000	2,194,000	2,273,000	2,381,000	2,491,000	2,376,000	2,391,000	2,416,000	863,000
liabilities and stockholders’ equity
current liabilities:
accounts payable	69,122,000	41,523,000	20,138,000	23,746,000	23,471,000	20,226,000	24,318,000	11,697,000	19,026,000	34,746,000	22,134,000	35,358,000	35,376,000	41,407,000	66,246,000	22,951,000	37,553,000	29,061,000	31,340,000	34,971,000	29,224,000	13,115,000	16,557,000	10,204,000	20,464,000	10,789,000	24,151,000	37,522,000	34,326,000	40,209,000	32,792,000	26,112,000	17,836,000	35,977,000	29,576,000	27,840,000	24,520,000	23,827,000	19,340,000	13,802,000	11,144,000	19,603,000	16,784,000	18,538,000	12,792,000	23,629,000	13,258,000	12,850,000	10,887,000	23,163,000	18,073,000	16,714,000	13,673,000	16,804,000	16,436,000	20,247,000	14,133,000	14,250,000	11,942,000	10,932,000	16,000,000	10,268,000	8,785,000	4,309,000	7,486,000
accrued liabilities	78,555,000	91,339,000	78,511,000	74,122,000	69,871,000	84,167,000	76,075,000	89,145,000	87,605,000	116,227,000	82,078,000	85,275,000	80,838,000	90,474,000	80,573,000	74,782,000	71,764,000	71,597,000	61,444,000	58,627,000	56,031,000	68,736,000	60,506,000	64,684,000	57,975,000	57,546,000	57,060,000	47,657,000	55,343,000	57,869,000	57,052,000	47,445,000	48,783,000	49,279,000	59,401,000	72,662,000	77,015,000	69,715,000	49,019,000	43,930,000	43,801,000	35,512,000	38,280,000	36,545,000	39,447,000	39,443,000	37,579,000	34,689,000	34,570,000	32,075,000	35,034,000	36,664,000	36,673,000	36,176,000	34,137,000	33,706,000	35,921,000	36,214,000	39,450,000	39,629,000	44,668,000	25,987,000	25,966,000	26,510,000	28,808,000
deferred revenue	30,800,000	30,386,000	23,992,000	25,774,000	29,482,000	26,750,000	29,513,000	32,298,000	39,448,000	36,669,000	34,944,000	41,814,000	44,497,000	33,541,000	33,687,000	33,511,000	32,261,000	27,478,000	24,217,000	23,951,000	24,127,000	19,189,000	15,591,000	16,359,000	19,912,000	17,158,000	18,101,000	18,528,000	15,564,000	15,600,000	16,813,000	17,205,000	14,676,000	13,076,000	28,228,000	41,847,000	44,416,000	27,854,000	16,226,000	12,367,000	9,802,000	12,124,000	11,414,000	9,132,000	9,036,000	12,722,000	20,095,000	26,346,000	29,013,000	34,862,000	45,202,000	53,763,000	48,629,000	39,315,000	30,674,000	24,152,000	19,685,000	16,783,000	19,448,000	23,081,000	18,076,000	14,062,000	18,662,000	29,263,000	25,030,000
total current liabilities	178,477,000	163,248,000	122,641,000	123,642,000	122,824,000	131,143,000	129,906,000	133,140,000	146,079,000	187,642,000	139,156,000	162,447,000	160,711,000	165,422,000	180,506,000	131,244,000	141,578,000	128,136,000	117,001,000	117,549,000	109,382,000	101,040,000	92,654,000	117,247,000	128,351,000	115,493,000	123,612,000	128,707,000	135,233,000	143,678,000	136,657,000	120,762,000	111,295,000	128,332,000	147,205,000	142,349,000	145,951,000	121,396,000	84,585,000	70,099,000	64,747,000	67,239,000	66,478,000	64,215,000	61,275,000	75,794,000	70,932,000	73,885,000	74,470,000	90,100,000	98,309,000	107,141,000	98,975,000	92,295,000	81,247,000	78,105,000	69,739,000	67,247,000	70,840,000	73,642,000	78,744,000	50,317,000	53,413,000	60,082,000	66,324,000
long-term portion of deferred revenue	19,708,000	19,890,000	19,939,000	20,111,000	21,310,000	20,883,000	21,384,000	21,936,000	24,434,000	24,864,000	25,413,000	25,425,000	25,121,000	25,072,000	24,919,000	24,709,000	21,189,000	22,016,000	21,568,000	21,307,000	20,329,000	19,904,000	19,564,000	18,192,000	17,656,000	18,340,000	17,593,000	17,792,000	18,252,000	17,496,000	18,108,000	18,497,000	20,712,000	20,645,000	21,173,000	21,104,000	20,876,000	20,237,000	19,850,000	19,649,000	19,696,000	19,569,000	19,390,000	19,371,000	19,428,000	19,393,000	18,807,000	18,640,000	18,469,000	18,431,000	18,197,000	17,335,000	16,917,000	15,782,000	15,299,000	14,936,000	14,570,000	13,347,000	12,265,000	11,970,000	11,609,000	10,985,000	9,876,000	8,572,000	6,928,000
operating leases	11,860,000	12,756,000	9,271,000	2,953,000	3,378,000	3,720,000	4,795,000	5,859,000	6,925,000	7,421,000	8,446,000	9,504,000	8,825,000	8,442,000	9,443,000	10,584,000	11,656,000	12,376,000	11,516,000	11,920,000	12,167,000	12,946,000	12,356,000	12,975,000	13,642,000	14,337,000	14,407,000	15,045,000	15,692,000
other long-term liabilities	3,386,000	3,409,000	2,012,000	2,028,000	2,441,000	2,581,000	2,752,000	2,737,000	2,657,000	2,956,000	2,700,000	2,622,000	2,331,000	6,332,000	4,264,000	9,146,000	9,018,000	11,076,000	10,006,000	11,421,000	11,542,000	13,137,000	13,228,000	13,732,000	13,490,000	14,625,000	14,749,000	2,498,000	3,134,000	3,972,000	2,186,000	2,051,000	866,000	1,130,000	881,000	638,000	775,000	878,000	979,000	1,085,000	1,196,000	1,293,000	1,700,000	1,903,000	2,091,000	2,443,000	1,743,000	958,000	1,090,000	1,145,000	1,321,000	1,394,000	1,525,000	745,000	896,000		1,198,000	1,528,000	1,662,000	1,588,000	1,833,000	951,000	992,000	1,040,000	1,089,000
total liabilities	213,431,000	199,303,000	153,863,000	148,734,000	149,953,000	158,327,000	158,837,000	163,672,000	180,095,000	222,883,000	175,715,000	199,998,000	196,988,000	205,268,000	219,132,000	175,683,000	183,441,000	173,604,000	160,091,000	162,197,000	153,420,000	147,027,000	137,802,000	162,146,000	173,139,000	162,795,000	170,361,000	164,042,000	172,311,000	165,146,000	156,951,000	141,310,000	132,873,000	150,107,000	169,259,000	164,091,000	167,602,000	142,511,000	105,414,000	90,833,000	85,639,000	88,101,000	87,568,000	85,489,000	82,794,000	97,630,000	91,482,000	93,483,000	94,029,000	109,676,000	117,827,000	125,870,000	117,417,000	108,822,000	97,442,000	94,055,000	85,507,000	82,122,000	84,767,000	87,200,000	92,186,000	62,253,000	64,281,000	69,694,000	89,341,000
commitments and contingencies
stockholders’ equity:
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of march 28, 2026 and december 31, 2025
common stock	1,610,000	1,678,000	1,657,000	1,633,000	1,643,000	1,661,000	1,658,000	1,645,000	1,638,000	1,627,000	1,649,000	1,658,000	1,656,000	1,644,000	1,636,000	1,631,000	1,616,000	1,607,000	1,594,000	1,580,000	1,572,000	1,553,000	1,544,000	1,587,000	1,549,000	1,545,000	1,521,000	1,520,000	1,488,000	1,482,000	1,462,000	1,460,000	1,426,000	1,421,000	1,393,000	1,390,000	1,374,000	1,368,000	1,353,000	1,351,000	1,328,000	1,326,000	1,316,000	1,313,000	1,295,000	1,291,000	1,280,000	1,273,000	1,258,000	1,256,000	1,244,000	1,238,000	1,222,000	1,222,000	1,210,000	1,205,000	1,196,000	1,195,000	1,182,000	1,167,000	1,133,000	968,000	933,000	933,000	909,000
additional paid-in capital	1,098,541,000	1,230,191,000	1,200,506,000	1,166,266,000	1,160,781,000	1,170,017,000	1,148,742,000	1,121,786,000	1,102,314,000	1,078,393,000	1,104,435,000	1,112,434,000	1,097,596,000	1,070,100,000	1,050,826,000	1,032,833,000	1,014,336,000	997,855,000	984,833,000	972,259,000	961,846,000	948,055,000	939,874,000	912,402,000	899,978,000	895,899,000	888,828,000	886,076,000	879,475,000	876,073,000	862,642,000	860,196,000	853,809,000	851,054,000	843,811,000	840,931,000	839,018,000	836,563,000	830,225,000	825,790,000	821,236,000	818,754,000	813,776,000	811,737,000	805,525,000	801,810,000	794,724,000	791,756,000	785,700,000	782,253,000	776,209,000	772,650,000	764,992,000	760,232,000	754,755,000	751,260,000	744,695,000	740,309,000	734,045,000	731,617,000	733,360,000	605,939,000	607,669,000	600,157,000	581,926,000
accumulated other comprehensive loss	-1,142,000	-408,000	-203,000	-115,000	-345,000	-612,000		-973,000	-983,000	-659,000	-1,359,000	-1,589,000	-1,307,000	-2,473,000	-3,084,000	-2,261,000	-1,552,000	-320,000	-206,000	-182,000	-226,000	-191,000	-693,000	-1,103,000	-1,106,000	-854,000	-1,140,000	-710,000	-487,000	-753,000	-740,000	-397,000		-169,000	-344,000	-464,000	-599,000	-656,000	-226,000	-130,000	-148,000
accumulated deficit	-361,032,000	-372,242,000	-379,454,000	-395,112,000	-394,913,000	-390,126,000	-372,202,000	-368,234,000	-360,276,000	-360,379,000	-353,780,000	-370,733,000	-380,106,000	-389,704,000	-401,631,000	-415,074,000	-422,595,000	-430,714,000	-450,595,000	-628,019,000	-648,477,000	-669,092,000	-693,194,000	-713,732,000	-709,520,000	-702,576,000	-703,073,000	-699,694,000	-694,649,000	-684,882,000	-679,304,000	-680,113,000	-677,320,000	-667,357,000	-654,491,000	-636,638,000	-617,650,000	-584,325,000	-572,842,000	-573,478,000	-567,652,000	-556,923,000	-547,377,000	-548,299,000	-542,520,000	-530,590,000	-527,602,000	-523,754,000	-519,803,000	-509,776,000	-503,323,000	-503,867,000	-498,714,000	-492,511,000	-485,937,000	-478,797,000	-471,706,000	-464,185,000	-458,971,000	-452,037,000	-434,391,000	-411,635,000	-410,897,000	-405,546,000	-402,344,000
total stockholders’ equity	737,977,000	859,219,000	822,506,000	772,672,000	767,166,000	780,940,000	778,688,000	754,224,000	742,693,000	718,982,000	750,945,000	741,770,000	717,839,000	679,567,000	647,747,000	617,129,000	591,805,000	568,428,000	535,626,000	345,638,000	314,715,000	280,325,000	247,531,000	159,168,000	150,915,000	154,028,000	146,150,000	147,206,000	145,841,000	151,934,000	144,074,000	141,160,000	138,039,000	144,963,000	150,383,000	165,233,000	182,157,000		218,524,000	213,547,000	214,778,000	235,785,000	256,560,000	261,509,000	264,389,000	272,591,000	268,541,000	269,434,000	267,356,000	273,923,000	274,309,000	270,165,000	267,614,000	269,075,000	270,161,000	273,777,000	274,330,000	277,417,000	276,341,000	280,792,000	300,138,000	195,303,000	197,785,000	195,521,000	180,493,000
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of december 31, 2025 and 2024
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of september 27, 2025 and december 31, 2024
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of june 28, 2025 and december 31, 2024
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of march 29, 2025 and december 31, 2024
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of december 31, 2024 and 2023
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of september 28, 2024 and december 31, 2023
accumulated other comprehensive income							490,000																										110,000									-195,000	-31,000	135,000	89,000	80,000	139,000	159,000	201,000	190,000	179,000	144,000	114,000	132,000	133,000	109,000
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of june 29, 2024 and december 31, 2023
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of march 30, 2024 and december 31, 2023
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of december 31, 2023 and 2022
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of september 30, 2023 and december 31, 2022
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of july 1, 2023 and december 31, 2022
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of april 1, 2023 and december 31, 2022
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of december 31, 2022 and 2021
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of october 1, 2022 and december 31, 2021
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of july 2, 2022 and december 31, 2021
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of april 2, 2022 and december 31, 2021
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of december 31, 2021 and 2020
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of october 2, 2021 and december 31, 2020
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of july 3, 2021 and december 31, 2020
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of april 3, 2021 and december 31, 2020
restricted cash																							628,000	628,000	628,000	628,000	628,000	628,000	628,000	628,000																295,000	295,000	295,000	295,000	295,000	972,000							754,000	1,054,000	1,054,000	1,054,000
line of credit																								26,000,000	30,000,000	30,000,000	24,300,000	25,000,000	30,000,000	30,000,000	30,000,000	30,000,000	30,000,000	30,000,000	30,000,000
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of december 31, 2020 and 2019
treasury stock																								-39,986,000	-39,986,000	-39,986,000	-39,986,000	-39,986,000	-39,986,000	-39,986,000	-39,986,000	-39,986,000	-39,986,000	-39,986,000	-39,986,000	-39,986,000	-39,986,000	-39,986,000	-39,986,000	-39,986,000	-39,986,000	-27,177,000	-11,124,000	-3,377,000
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of september 26, 2020 and december 31, 2019
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of june 27, 2020 and december 31, 2019
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of march 28, 2020 and december 31, 2019
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of december 31, 2019 and 2018
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of september 28, 2019 and december 31, 2018
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of june 29, 2019 and december 31, 2018
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of march 30, 2019 and december 31, 2018
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of december 31, 2018 and 2017
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of september 29, 2018 and december 31, 2017
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of june 30, 2018 and december 31, 2017
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of march 31, 2018 and december 31, 2017
deferred cost of revenue																																		2,395,000	22,859,000	40,094,000	40,454,000	34,763,000	14,718,000	6,812,000	4,108,000	4,918,000	2,998,000	1,284,000	1,762,000	5,080,000	11,334,000	15,957,000	17,843,000	21,076,000	26,826,000	29,068,000	26,417,000	21,077,000	16,960,000		9,400,000	8,324,000	8,932,000	10,835,000	9,854,000
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of december 31, 2017 and december 31, 2016
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of september 30, 2017 and december 31, 2016
intangible assets																																						813,000	1,627,000	2,440,000	3,254,000	6,618,000	11,259,000	15,899,000	20,539,000	25,179,000	29,820,000	34,460,000	39,100,000	43,740,000	48,380,000	53,021,000	57,661,000	62,301,000	66,941,000	71,581,000	76,221,000	80,048,000	84,643,000	90,001,000	95,984,000	515,000	2,060,000	3,605,000	5,150,000
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of july 1, 2017 and december 31, 2016
total assets																																					349,759,000	355,475,000	323,938,000	304,380,000	300,417,000	323,886,000	344,128,000	346,998,000	347,183,000	370,221,000	360,023,000	362,917,000	361,385,000	383,599,000	392,136,000	396,035,000	385,031,000	377,897,000	367,603,000	367,832,000	359,837,000	359,539,000	361,108,000	367,992,000	392,324,000	257,556,000	262,066,000	265,215,000	269,834,000
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of april 1, 2017 and december 31, 2016
total liabilities and stockholders’ equity																																					349,759,000		323,938,000	304,380,000	300,417,000	323,886,000	344,128,000	346,998,000	347,183,000	370,221,000	360,023,000	362,917,000	361,385,000	383,599,000	392,136,000	396,035,000	385,031,000	377,897,000	367,603,000	367,832,000	359,837,000	359,539,000	361,108,000	367,992,000	392,324,000
liabilities and stockholders' equity
stockholders' equity:
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of december 31, 2016 and december 31, 2015
total stockholders' equity																																						212,964,000
total liabilities and stockholders' equity																																						355,475,000
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of september 24, 2016 and december 31, 2015
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of june 25, 2016 and december 31, 2015
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of march 26, 2016 and december 31, 2015
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of december 31, 2015 and december 31, 2014
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of september 26, 2015 and december 31, 2014
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of june 27, 2015 and december 31, 2014
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of march 28, 2015 and december 31, 2014
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of december 31, 2014 and december 31, 2013
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of september 27, 2014 and december 31, 2013
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of june 28, 2014 and december 31, 2013
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of march 29, 2014 and december 31, 2013
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of december 31, 2013 and december 31, 2012
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of september 28, 2013 and december 31, 2012
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of june 29, 2013 and december 31, 2012
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of march 30, 2013 and december 31, 2012
prepaids and other current assets																																																						5,677,000	4,383,000		3,950,000	4,429,000	6,493,000	5,340,000	2,838,000		3,044,000	3,584,000	3,560,000
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of december 31, 2012 and december 31, 2011
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of september 29, 2012 and december 31, 2011
deferred cost of goods sold																																																								12,673,000						7,771,000	10,427,000	15,846,000	13,846,000
prepaid and other current assets																																																								4,597,000
other long term liabilities																																																								1,014,000
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of june 30, 2012 and december 31, 2011
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of march 31, 2012 and december 31, 2011
other comprehensive income																																																									145,000	98,000	85,000	45,000	36,000	31,000	80,000		2,000
preferred stock, 0.025 par value; 5,000,000 shares authorized; no shares issued and outstanding as of december 31, 2011 and december 31, 2010
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of september 24, 2011 and december 31, 2010
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of june 25, 2011 and december 31, 2010
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of march 26, 2011 and december 31, 2010
liabilities, convertible preferred stock and stockholders’ equity
preferred stock warrant liabilities
current portion of loans payable																																																																	5,000,000
loan payable																																																																	15,000,000
convertible preferred stock, 0.025 par value, issuable in series: no shares and 38,760 shares authorized at december 31, 2010 and december 31, 2009; no shares and 22,492 shares issued and outstanding at december 31, 2010 and december 31, 2009
stockholders’ equity
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of december 31, 2010 and december 31, 2009
total liabilities, convertible preferred stock and stockholders’ equity																																																														257,556,000	262,066,000	265,215,000	269,834,000
liabilities, convertible redeemable preferred stock and stockholders’ deficit
convertible preferred stock, 0.025 par value, issuable in series: no shares and 38,760 shares authorized at september 25, 2010 and december 31, 2009; no shares and 22,492 shares issued and outstanding at september 25, 2010 and december 31, 2009
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of september 25, 2010 and december 31, 2009
convertible preferred stock, 0.025 par value, issuable in series: no shares and 38,760 shares authorized at june 26, 2010 and december 31, 2009; no shares and 22,492 shares issued and outstanding at june 26, 2010 and december 31, 2009
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of june 26, 2010 and december 31, 2009
other comprehensive																																																																-23,000
convertible preferred stock, 0.025 par value, issuable in series: no shares and 38,760 shares authorized at march 27, 2010 and december 31, 2009; no shares and 22,492 shares issued and outstanding at march 27, 2010 and december 31, 2009
preferred stock, 0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of march 27, 2010 and december 31, 2009

Cashflow Statements:

Quarterly

Annual

Unit: USD	2026-03-28	2025-12-31	2025-09-27	2025-06-28	2025-03-29	2024-12-31	2024-09-28	2024-06-29	2024-03-30	2023-12-31	2023-09-30	2023-07-01	2023-04-01	2022-12-31	2022-10-01	2022-07-02	2022-04-02	2021-12-31	2021-10-02	2021-07-03	2021-04-03	2020-12-31	2020-09-26	2020-06-27	2020-03-28	2019-12-31	2019-09-28	2019-06-29	2019-03-30	2018-12-31	2018-09-29	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-07-01	2017-04-01	2016-12-31	2016-09-24	2016-06-25	2016-03-26	2015-12-31	2015-09-26	2015-06-27	2015-03-28	2014-12-31	2014-09-27	2014-06-28	2014-03-29	2013-12-31	2013-09-28	2013-06-29	2013-03-30	2012-12-31	2012-09-29	2012-06-30	2012-03-31	2011-12-31	2011-09-24	2011-06-25	2011-03-26	2010-12-31	2010-09-25	2010-06-26	2010-03-27

operating activities:
net income	11,210,000	7,212,000			-4,787,000	-17,924,000	-3,968,000	-7,958,000	103,000	-6,599,000	16,953,000	9,373,000	9,598,000	11,927,000	13,443,000	7,521,000	8,119,000	19,881,000	177,424,000	20,458,000	20,615,000	24,102,000	20,538,000
adjustments to reconcile net income to net cash from operating activities:
stock-based compensation	20,605,000	21,953,000	20,619,000	25,612,000	19,745,000	22,075,000	16,371,000	15,459,000	16,856,000	12,681,000	16,026,000	17,844,000	16,220,000	13,324,000	11,027,000	10,008,000	10,467,000	6,175,000	6,661,000	6,223,000	5,171,000	4,160,000	3,575,000	3,241,000	2,984,000	2,705,000	2,762,000	2,569,000	3,145,000	9,673,000	2,499,000	2,544,000	2,757,000	3,054,000	2,996,000	2,778,000	3,540,000	3,919,000	4,677,000	2,968,000	2,721,000	3,212,000	2,590,000	4,341,000	3,662,000	3,898,000	3,813,000	4,404,000	3,902,000	4,956,000	4,971,000	5,275,000	4,719,000	4,476,000	4,307,000	4,339,000	4,315,000	4,366,000	3,796,000	5,324,000	8,117,000
depreciation and amortization	4,376,000	4,400,000	4,697,000	4,342,000	4,271,000	4,745,000	4,817,000	5,121,000	4,867,000	4,450,000	4,266,000	4,192,000	3,723,000	3,478,000	3,166,000	3,728,000	3,943,000	3,661,000	3,614,000	3,660,000	4,077,000	3,407,000	3,305,000	3,462,000	3,544,000	2,909,000	2,763,000	2,363,000	2,281,000	2,095,000	2,150,000	2,319,000	2,623,000	2,546,000	2,703,000	2,466,000	2,463,000	2,037,000	2,151,000	2,176,000	1,955,000	2,660,000	2,624,000	2,498,000	2,480,000	2,491,000	2,250,000	2,251,000	2,271,000	2,414,000	2,404,000	2,509,000	2,854,000	2,211,000	2,222,000	2,169,000	1,960,000	2,005,000	2,090,000	2,242,000	1,617,000
deferred income taxes	1,274,000	4,133,000	10,063,000	174,000	-1,459,000	451,000	-5,136,000	-2,836,000	-2,448,000	-4,954,000	3,410,000	1,565,000	-681,000	-3,293,000	4,191,000	757,000	277,000
net accretion of available-for-sale securities	-435,000	-696,000	-864,000	-993,000	-1,144,000	-1,328,000	-1,242,000	-1,310,000	-1,406,000	-1,080,000	-1,222,000	-1,189,000	-708,000	-613,000
changes in operating assets and liabilities:
accounts receivable	-17,405,000	-11,902,000	-24,389,000	12,435,000	3,810,000	5,951,000	-3,207,000	18,243,000	25,719,000	-45,365,000	16,319,000	-4,771,000	1,595,000	6,723,000	-14,399,000	1,824,000	-2,733,000	6,710,000	-11,765,000	-5,756,000	-4,989,000	-288,000	-10,540,000	8,545,000	-20,627,000	2,023,000	11,654,000	-4,983,000	11,823,000	645,000	1,865,000	-13,789,000	25,137,000	-36,165,000	9,165,000	10,796,000	-12,852,000	5,919,000	-8,141,000	-5,314,000	3,351,000	1,032,000	-6,203,000	-2,984,000	-8,256,000	12,037,000	4,548,000	-3,195,000	-614,000	10,901,000	8,305,000	7,991,000	-11,198,000	-4,562,000	-1,000	-8,251,000	-197,000	-42,000	10,039,000	-1,887,000	4,177,000
inventory	-20,889,000	-25,755,000	2,540,000	-9,686,000	1,891,000	-2,118,000	12,876,000	6,297,000	13,203,000	17,048,000	3,361,000	3,119,000	-7,353,000	-8,044,000	-42,791,000	6,692,000	-16,137,000	-13,715,000	1,971,000	-4,925,000	-19,943,000	-10,652,000	-4,958,000	-6,120,000	9,614,000	6,203,000	-996,000	1,866,000	2,925,000	-19,884,000	-10,279,000	7,073,000	2,451,000	4,792,000	3,251,000	6,966,000	-1,993,000	-4,355,000	571,000	366,000	6,540,000	-3,898,000	-3,059,000	-73,000	6,115,000	-2,907,000	2,043,000	-828,000	6,011,000	-10,044,000	-1,974,000	1,830,000	4,050,000	-3,121,000	3,068,000	3,914,000	7,447,000	-452,000	-5,663,000	10,891,000	4,406,000
prepaid expenses and other assets	804,000	6,000,000	-2,455,000	10,944,000	2,808,000	3,508,000	1,239,000	6,148,000	272,000	-12,263,000	-22,409,000	-19,040,000	-7,083,000	-5,505,000	-9,586,000	-16,530,000	-6,738,000	-17,298,000	-3,386,000	-5,069,000	-1,321,000	-2,937,000	2,535,000	417,000	758,000	-433,000	-1,327,000	3,632,000	-1,935,000	4,119,000	526,000	1,455,000	-2,521,000	3,162,000	-164,000	812,000	-968,000	4,861,000	-7,452,000	1,970,000	-576,000	-1,292,000	3,116,000	-909,000	1,974,000	-5,593,000	-1,275,000	-56,000	1,016,000	1,001,000	1,543,000	-2,083,000	74,000
accounts payable	26,243,000	21,580,000	-2,355,000	-1,202,000	3,486,000	-3,329,000	11,615,000	-7,451,000	-15,973,000	13,387,000	-13,451,000	-406,000	-5,899,000	-24,059,000	42,230,000	-14,246,000	8,186,000	-2,286,000	-3,607,000	5,762,000	16,156,000	-3,426,000	6,287,000	-10,143,000	9,472,000	-13,393,000	-13,371,000	3,673,000	-6,349,000	9,692,000	5,219,000	7,556,000	-17,871,000	6,216,000	1,812,000	3,455,000	276,000	4,592,000	5,503,000	2,600,000	-8,459,000	2,820,000	-1,750,000	5,745,000	-10,836,000	10,371,000	409,000	1,963,000	-12,276,000	5,090,000	1,359,000	3,041,000	-3,131,000	368,000	-3,811,000	6,114,000	-117,000	2,308,000	1,010,000	-5,068,000	-6,068,000
accrued liabilities	-10,298,000	8,953,000	4,451,000	3,699,000	-14,086,000	7,842,000	-12,981,000	1,269,000	-28,056,000	37,211,000	361,000	8,186,000	-8,688,000	11,094,000	5,603,000	3,420,000	802,000	10,281,000	3,176,000	2,672,000	-12,856,000	8,088,000	-4,034,000	6,501,000	1,367,000	879,000	7,599,000	-8,700,000	-1,614,000	-861,000	6,241,000	-1,784,000	-805,000	-10,052,000	-13,094,000	-4,148,000	7,110,000	20,939,000	4,962,000	541,000	8,471,000	-2,726,000	1,834,000	-2,943,000	54,000	1,920,000	2,919,000	116,000	2,485,000	-2,993,000	-1,688,000	-18,000	482,000	1,229,000	410,000	-2,215,000	-293,000	-3,236,000	-179,000	-5,039,000	8,068,000
deferred revenue	232,000	6,345,000	-1,954,000	-4,906,000	3,158,000	-3,264,000	-3,336,000	-9,648,000	2,348,000	1,176,000	-6,881,000	-2,379,000	11,005,000	6,000	387,000	4,769,000	3,956,000	3,709,000	527,000	802,000	5,362,000	3,938,000	605,000	-3,018,000	2,071,000	-196,000	-626,000	2,504,000	719,000	-1,824,000	-782,000	314,000	866,000	-15,680,000	-13,550,000	-2,341,000	17,201,000	12,015,000	4,060,000	2,518,000	-2,195,000	890,000	2,300,000	39,000	-3,651,000	-6,787,000	-6,084,000	-2,496,000	-5,811,000	-10,106,000	-7,699,000	5,552,000	10,449,000	10,559,000	6,886,000	4,833,000	4,125,000	-1,583,000	-3,338,000	5,366,000	3,772,000
other long-term liabilities	-1,083,000	3,823,000	6,303,000	-839,000	-481,000	-1,246,000	-1,049,000	-987,000	-794,000	-768,000	-982,000	970,000	-3,617,000	1,067,000	-6,024,000	-944,000	-2,777,000	1,931,000	-1,802,000	-368,000	-2,374,000	3,916,000	-312,000	264,000	-990,000	-586,000	-280,000	-800,000	-1,696,000	248,000	-414,000	247,000	-264,000	249,000	244,000	-138,000	-103,000	-99,000	-106,000	-109,000	-98,000	-196,000	-32,000	-76,000	-59,000	-84,000	785,000	-132,000	-56,000	-176,000	-73,000	-131,000	442,000	-149,000	-119,000	-184,000	-330,000	-134,000	74,000	-245,000	-8,000
net cash from operating activities	14,634,000	46,046,000	32,314,000	39,381,000	17,212,000	15,363,000	15,999,000	22,347,000	14,691,000	14,924,000	15,751,000	17,464,000	8,112,000	6,105,000	6,714,000	6,999,000	7,365,000	12,618,000	10,818,000	23,459,000	9,898,000	30,473,000	17,001,000	2,686,000	1,249,000	620,000	7,285,000	-2,878,000	-373,000			3,145,000	-5,823,000	-34,147,000	-7,191,000	2,020,000	-23,454,000	19,159,000	-128,000	119,000	5,269,000	-4,149,000	5,479,000	5,226,000	-11,897,000	23,533,000	15,058,000	4,710,000	-5,226,000	4,011,000	13,607,000	20,820,000	2,380,000	2,861,000	6,710,000	4,590,000	13,517,000	5,850,000	7,813,000	-1,768,000	2,694,000	799,000	8,577,000	-5,258,000	5,058,000
capital expenditures	-8,118,000	-5,765,000	-5,625,000	-3,735,000	-4,310,000	-5,149,000	-3,244,000	-5,952,000	-3,709,000	-3,972,000	-3,776,000	-5,489,000	-4,618,000	-4,807,000	-3,394,000	-2,635,000	-3,231,000	-3,192,000	-3,343,000	-1,654,000	-2,274,000	-2,202,000	-1,137,000	-2,751,000	-1,729,000	-969,000	-2,846,000	-4,499,000	-5,039,000			-1,080,000	-1,875,000	-1,240,000	-2,071,000	-2,609,000	-2,106,000	-4,475,000	-2,286,000	-1,625,000	-1,453,000	-1,335,000	-2,325,000	-1,876,000	-1,742,000	0	-5,153,000	-2,420,000	-1,908,000	-1,512,000	-2,210,000	-1,939,000	-1,326,000	-2,300,000	-1,583,000	-3,284,000	-3,012,000	-1,084,000	-1,763,000	-2,786,000	-1,722,000	-1,691,000	-1,017,000	-1,425,000	-1,481,000
free cash flows	6,516,000	40,281,000	26,689,000	35,646,000	12,902,000	10,214,000	12,755,000	16,395,000	10,982,000	10,952,000	11,975,000	11,975,000	3,494,000	1,298,000	3,320,000	4,364,000	4,134,000	9,426,000	7,475,000	21,805,000	7,624,000	28,271,000	15,864,000	-65,000	-480,000	-349,000	4,439,000	-7,377,000	-5,412,000			2,065,000	-7,698,000	-35,387,000	-9,262,000	-589,000	-25,560,000	14,684,000	-2,414,000	-1,506,000	3,816,000	-5,484,000	3,154,000	3,350,000	-13,639,000	23,533,000	9,905,000	2,290,000	-7,134,000	2,499,000	11,397,000	18,881,000	1,054,000	561,000	5,127,000	1,306,000	10,505,000	4,766,000	6,050,000	-4,554,000	972,000	-892,000	7,560,000	-6,683,000	3,577,000
investing activities
purchases of property and equipment	-8,118,000	-5,765,000	-5,625,000	-3,735,000	-4,310,000	-5,149,000	-3,244,000	-5,952,000	-3,709,000	-3,972,000	-3,776,000	-5,489,000	-4,618,000	-4,807,000	-3,394,000	-2,635,000	-3,231,000	-3,192,000	-3,343,000	-1,654,000	-2,274,000	-2,202,000	-1,137,000	-2,751,000	-1,729,000	-969,000	-2,846,000	-4,499,000	-5,039,000	-4,865,000	-2,606,000	-1,080,000	-1,875,000	-1,240,000	-2,071,000	-2,609,000	-2,106,000	-4,475,000	-2,286,000	-1,625,000	-1,453,000	-1,335,000	-2,325,000	-1,876,000	-1,742,000
purchases of marketable securities	-10,038,000	-53,903,000	-71,820,000	-58,260,000	-36,856,000	-73,221,000	-79,559,000	-113,322,000	-35,575,000	-82,672,000	-27,633,000	-50,980,000	-54,908,000	-49,123,000	-38,994,000	-30,252,000	-73,034,000	-97,583,000	-53,232,000	-93,085,000	-54,192,000	-32,996,000												0	0	0	-8,732,000					-13,252,000	-21,479,000	-8,267,000	-17,004,000
sales of marketable securities	24,621,000	16,780,000	0			-3,000	1,171,000																											0	0
maturities of marketable securities	41,388,000	37,409,000	50,671,000	65,525,000	52,154,000	44,770,000	32,724,000	40,240,000	42,565,000	41,915,000	88,665,000	40,975,000	56,248,000	47,063,000	52,873,000	25,333,000	56,119,000	72,894,000	42,000,000	40,000,000	43,000,000													6,600,000	6,325,000	7,250,000	11,266,000	18,230,000	8,500,000	4,650,000	7,020,000	20,680,000	23,433,000	16,382,000	11,450,000
net cash from investing activities	47,853,000	-5,479,000	-26,774,000	14,892,000	10,988,000	-33,603,000	-48,908,000	-30,300,000	3,281,000	-44,729,000	57,256,000	-15,494,000	-3,278,000	-6,867,000	10,485,000	-7,554,000	-20,146,000	-27,881,000	-14,575,000	-54,739,000	-13,466,000	-15,198,000			-1,729,000	-969,000	-2,846,000	-4,499,000	-5,039,000	-4,865,000	-2,606,000	-1,080,000	8,475,000	5,360,000	4,254,000	9,692,000	428,000	-2,723,000	6,214,000	3,025,000	5,567,000	6,093,000	-371,000	6,239,000	-7,296,000	-17,222,000	-7,322,000	-48,992,000	-1,908,000	-1,512,000	-2,210,000	-1,939,000	-1,326,000	-14,300,000	-1,583,000	-3,284,000	-3,012,000	916,000	5,087,000	-2,807,000	-39,605,000	40,152,000	1,825,000	-42,058,000	-2,207,000
financing activities:
proceeds from common stock issuances related to employee benefit plans	19,999,000	24,375,000	16,624,000	13,352,000	10,845,000	6,159,000	10,599,000	4,020,000	10,814,000	5,490,000	8,375,000	5,813,000	12,471,000	5,958,000	6,971,000	8,504,000	6,023,000	6,860,000	5,927,000	4,198,000	8,639,000
repurchases of common stock	-170,869,000	-16,620,000	-3,479,000	-33,557,000	-39,974,000	-6,957,000	0	0	-3,738,000	-43,988,000	-32,409,000	-8,817,000	-1,183,000
net cash from financing activities	-150,870,000	7,755,000	13,145,000	-20,205,000	-29,129,000	-798,000	10,599,000	4,020,000	7,076,000	-42,616,000	-27,506,000	-6,026,000	10,222,000	4,560,000	6,608,000	8,009,000	5,886,000	6,342,000	5,416,000	3,986,000	8,639,000	614,000	37,027,000	4,426,000	80,000	9,356,000	-1,445,000	-1,550,000	-390,000	3,775,000	-163,000	3,877,000	3,000	4,217,000	29,701,000	-848,000	-1,080,000	2,434,000	-240,000	1,609,000	-13,046,000	-14,414,000	-8,295,000	-1,490,000	58,000	3,198,000	-838,000	1,667,000	-452,000	1,086,000	-1,708,000	2,398,000	42,000	1,013,000	-807,000	2,235,000	72,000	1,911,000	-1,353,000	-6,346,000	154,000	-9,788,000	18,000	-8,926,000	46,291,000
effect of exchange rate changes on cash and cash equivalents	-102,000	-248,000	-211,000	170,000	67,000	-161,000	185,000	1,000	-39,000	155,000	-13,000	57,000	57,000	103,000	-151,000	-307,000	-69,000	39,000	-34,000	30,000	-24,000										-271,000	-395,000	198,000	161,000	126,000	112,000	65,000	-275,000	-127,000	-73,000	-51,000	-98,000	-291,000	79,000	-76,000	-79,000	-42,000	-11,000	8,000	38,000	56,000	41,000	-32,000	-1,000	17,000	-18,000	47,000	12,000	42,000
net decrease in cash and cash equivalents	-88,485,000																																				-24,041,000				-2,261,000		-3,478,000	10,054,000	-19,211,000
cash and cash equivalents at beginning of period	143,086,000		0	0	43,162,000		0	0	63,409,000		0	0	79,073,000		0	0	51,333,000		0												0	0	39,775,000		0	0	50,359,000	0	0	0	23,626,000	0	0	0	48,829,000	0	0	0	82,747,000	0	0	0	46,995,000	0	0	0	38,938,000		0	0	66,304,000	0	0	0	31,821,000
cash and cash equivalents at end of period	54,601,000		18,474,000	34,238,000	42,300,000		-22,125,000	-3,932,000	88,418,000		45,488,000	-3,999,000	94,186,000		23,656,000	7,147,000	44,369,000		1,625,000												4,858,000	5,547,000	42,628,000		26,890,000	10,976,000	26,318,000	18,595,000	5,719,000	4,680,000	21,365,000	-12,568,000	-3,478,000	10,054,000	29,618,000	9,430,000	6,856,000	-42,626,000	75,169,000	3,623,000	9,745,000	21,320,000	48,059,000	-10,427,000	4,337,000	3,523,000	49,562,000		11,589,000	-10,887,000	29,547,000	31,163,000	10,420,000	-56,242,000	80,963,000
investing activities:
payments related to financing arrangements										-4,118,000	-3,472,000	-3,022,000	-1,066,000	-1,398,000	-363,000	-495,000	-137,000	-518,000	-511,000			-3,416,000	-813,000	-687,000	-842,000	-735,000	-735,000	-614,000	-653,000
net increase in cash and cash equivalents		48,074,000	18,474,000	34,238,000	-862,000	-19,199,000	-22,125,000	-3,932,000	25,009,000	-72,266,000	45,488,000	-3,999,000	15,113,000	3,901,000	23,656,000	7,147,000	-6,964,000	-8,882,000	1,625,000												4,858,000	5,547,000	2,853,000	-24,409,000	26,890,000			18,595,000	5,719,000							9,430,000	6,856,000	-42,626,000	-7,578,000	3,623,000	9,745,000	21,320,000	1,064,000	-10,427,000	4,337,000	3,523,000	10,624,000	8,689,000			-36,757,000	31,163,000	10,420,000	-56,242,000	49,142,000
cash and cash equivalents at beginning of year
cash and cash equivalents at end of year
supplemental disclosures of cash flow information:
interest paid
income taxes paid
non-cash investing activities:
changes in accounts payable and accrued liabilities related to purchases of property and equipment
net loss																									-6,944,000	497,000	-3,379,000	-5,045,000	-9,767,000	-5,578,000	809,000	-2,793,000	-11,736,000	-12,866,000	-17,853,000	-18,988,000	-33,325,000	-11,483,000	636,000	-5,826,000	-10,729,000	-9,546,000	922,000	-5,779,000	-11,930,000	-2,988,000	-3,848,000	-3,951,000	-10,027,000	-6,453,000	544,000	-5,153,000	-6,203,000	-6,574,000	-7,140,000	-7,091,000	-7,521,000	-5,214,000	-6,934,000	-17,646,000	-22,756,000
adjustments to reconcile net loss to net cash from operating activities:
asset retirements and write-downs																						165,000	0
proceeds from the sale of common stock in connection with public offering, net of expenses
proceeds from line of credit																						0	0	0	30,000,000	30,000,000	24,300,000	59,000,000	30,000,000	153,152,000	116,699,000	124,826,000	163,238,000	102,734,000
payments related to the line of credit
reversal of valuation allowance on deferred tax assets
proceeds from the sale of common stock in connection with public offering, net of expense
repayment of line of credit																							-26,000,000	-4,000,000	-30,000,000		-25,000,000	-64,000,000	-30,000,000		-116,699,000	-124,826,000	-163,238,000
payments to originate the line of credit																						0	0	-108,000	-177,000									0
net increase in cash, cash equivalents and restricted cash																					5,047,000	16,353,000	13,274,000			9,271,000	2,616,000	-9,125,000	-5,579,000
cash, cash equivalents and restricted cash at beginning of period																					80,807,000		0	0	47,457,000		0	0	50,274,000
cash, cash equivalents and restricted cash at end of period																					85,854,000		13,274,000	4,363,000	46,817,000		2,616,000	-9,125,000	44,695,000
gain on sale of product line																														0	0	0	-6,704,000
proceeds from sale of product line																														0	0	0	10,350,000
proceeds from exercise of stock options																						1,243,000	2,133,000	4,509,000	1,099,000	116,000	0	36,000	290,000	305,000	28,000	43,000	8,000	33,000	0	16,000	13,000	3,000	0	0	14,000	13,000	35,000	26,000	564,000	1,239,000	290,000	118,000	21,000		383,000	246,000	42,000												15,000
proceeds from employee stock purchase plans																						2,787,000	1,644,000			4,276,000	0			3,491,000	-30,000
taxes paid for awards vested under equity incentive plan																										-1,000	-10,000	-129,000	-27,000	-21,000	-46,000	-2,000	-5,000	-21,000	-113,000
repayments of line of credit
cash, cash equivalents and restricted cash at beginning of year
effect of exchange rate changes on cash, cash equivalents and restricted cash																							369,000	2,000	-240,000	264,000	-378,000	-198,000	223,000
investing activity –
cash and cash equivalents:
cash
money market funds
total cash and cash equivalents
restricted cash																																										0	0	0	295,000					677,000				0	0	0	754,000
loss on asset retirements																										12,000
net decrease in cash, cash equivalents and restricted cash																									-640,000
cash, cash equivalents and restricted cash at end of year
payments to originate or amend the line of credit
loss on retirement of property and equipment																												43,000	95,000	15,000	64,000	3,000	244,000	132,000	68,000	0	80,000					10,000	9,000	-5,000	10,000	9,000				5,000	4,000	18,000	542,000	0	178,000			171,000	657,000
amortization of intangible assets																																		0	0	0	813,000	814,000	813,000	814,000	3,364,000	4,641,000	4,640,000	4,640,000	4,640,000	4,640,000	4,641,000	4,640,000	4,640,000	4,640,000	4,641,000	4,640,000	4,640,000	4,640,000	4,640,000	4,640,000	3,827,000	4,595,000	5,358,000	5,983,000	2,185,000
amortization of premium (discount) relating to available-for-sale securities
payments for repurchases of common stock																																						0	0	0	-12,809,000	-16,053,000
net cash from (used) in operating activities
amortization of discount related to available-for-sale securities
deferred cost of revenue																																		20,464,000	17,235,000	360,000	-5,691,000	-20,045,000	-7,906,000	-2,704,000	810,000	-1,920,000	-1,714,000	478,000	3,318,000	6,254,000	4,623,000	1,886,000	3,233,000	5,750,000	2,242,000	-2,651,000	-5,340,000	-4,743,000	-4,287,000	-3,273,000	-1,076,000	608,000	1,903,000	-981,000	-2,083,000
amortization of premium (discount) related to available-for-sale securities																																			-4,000
proceeds from employee stock purchase plan																																			0			2,745,000	0			2,023,000	0			2,174,000	0			2,364,000	0			1,841,000	0
amortization of premiums related to available-for-sale securities																																					-5,000		104,000	119,000	114,000		202,000	254,000	287,000		194,000
taxes paid for awards vested under equity incentive plans																																					-1,093,000	-314,000	-240,000	-1,296,000	-251,000	-259,000	-583,000	-1,004,000	-506,000	-215,000	-1,128,000
amortization of premiums relating to available-for-sale securities																																																										15,000	45,000	76,000	108,000
gain on sale of available-for-sale securities																																														0
payments for debt issuance costs																																																		-15,000
supplemental disclosures of cash flow information
non-cash investing activities
utilization of inventory credit
non-cash financing and investing activities
property and equipment acquired using credits from ericsson inc.																																																		0	0
purchases of treasury stock
gain on bargain purchase
acquisitions, net of cash acquired
purchase of property and equipment																																															-5,153,000	-2,420,000	-1,908,000	-1,512,000	-2,210,000	-1,939,000	-1,326,000	-2,300,000	-1,583,000	-3,284,000	-3,012,000	-1,084,000	-1,763,000	-2,786,000	-1,722,000
purchase of marketable securities																																															-2,784,000															-4,613,000	-18,010,000	-49,133,000	-7,434,000
proceeds from sale of marketable securities
taxes withheld upon vesting of performance restricted stock units																																																	-473,000
sales and maturities of marketable securities																																																													22,905,000		20,852,000	8,500,000	6,708,000
proceeds from exercise of stock options and other																																																						36,000	19,000	67,000	72,000		99,000	513,000	154,000
taxes withheld upon vesting of restricted stock units and restricted stock awards																																																		-1,339,000				-864,000
value of common stock issued in acquisition																																																										0	0	29,000	117,229,000
fair value of equity awards assumed in connection with acquisition
taxes withheld upon vesting of restricted stock units																																																										-3,000	-1,452,000
revaluation of warrant liability
net gains on investments
prepaids and other assets																																																						-444,000	357,000	-489,000	623,000	2,143,000
principal payments on loans																																																														0	0
proceeds from initial public offering of common stock, net of issuance costs																																																														0	18,000	11,064,000	46,229,000
issuance of series i preferred stock dividends
acquisition of occam networks, net of cash acquired
operating activities
acquisition of occam networks, net of cash assumed																																																										0	0	-21,000	-60,788,000
financing activities
fair value of equity awards assumed																																																										0	0	-716,000	2,086,000
change in restricted cash
proceeds from exercise of stock options and warrants and other																																																														216,000	0
proceeds from loans
proceeds from issuance of series j preferred stock																																																																	47,000
repurchase of common and preferred stock
supplemental schedule of noncash investing and financing activity
revaluation of warranty liability
proceeds from issuance of common stock under employee stock purchase plan																																																											0
prepaids and other current assets																																																												-2,405,000	1,159,000
loss on disposal of property and equipment
deferred cost of goods sold
acquisition of property and equipment																																																														-1,691,000	-1,017,000	-1,425,000	-1,481,000
taxes withheld upon the vesting of rsus
supplemental schedule of noncash investing and financing activities
amortization of liability related to early exercise of common stock

Calix, Inc(NYSE:CALX)

Calix, Inc
(NYSE:CALX)