MaxLinear, Inc
(NASDAQ:MXL)

MaxLinear, Inc. provides radiofrequency (RF), high-performance analog, and mixed-signal communications systems-on-chip solutions (SoCs) for the connected home, wired and wireless infrastructure, and industrial and multi-market applications worldwide. Its products integrate various portions of a high...

Website: http://www.maxlinear.com

Founded: 2003

Full Time Employees: 697

Sector: Technology

Industry: Semiconductors

Semiconductors

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Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31

net revenue	136,436,000	126,459,000	108,813,000	95,933,000	92,167,000	81,102,000	91,990,000	95,269,000	125,353,000	135,530,000	183,938,000	248,442,000	290,586,000	285,730,000	280,009,000	263,927,000	247,889,000	229,774,000	205,376,000	209,359,000	194,716,000	156,633,000	65,220,000	62,027,000	70,018,000	80,020,000	82,507,000	84,635,000	87,627,000	85,010,000	101,533,000	110,827,000	113,721,000	113,581,000	104,175,000	88,841,000	87,136,000	96,324,000	101,687,000	102,685,000	98,949,000	95,191,000	70,824,000	35,396,000	32,478,000	32,541,000	35,592,000	32,501,000	31,574,000	31,765,000	29,773,000	26,534,000	24,830,000	27,795,000	24,420,000	20,683,000	19,296,000	17,639,000	18,094,000	16,908,000	15,865,000	18,523,000	18,176,000	16,137,000
yoy	48.03%	55.93%	18.29%	0.70%	-26.47%	-40.16%	-49.99%	-61.65%	-56.86%	-52.57%	-34.31%	-5.87%	17.22%	24.35%	36.34%	26.06%	27.31%	46.70%	214.90%	237.53%	178.09%	95.74%	-20.95%	-26.71%	-20.10%	-5.87%	-18.74%	-23.63%	-22.95%	-25.15%	-2.54%	24.75%	30.51%	17.92%	2.45%	-13.48%	-11.94%	1.19%	43.58%	190.10%	204.66%	192.53%	98.99%	8.91%	2.86%	2.44%	19.54%	22.49%	27.16%	14.28%	21.92%	28.29%	28.68%	57.58%	34.96%	22.33%	21.63%	-4.77%	-0.45%	4.78%
qoq	7.89%	16.22%	13.43%	4.09%	13.64%	-11.84%	-3.44%	-24.00%	-7.51%	-26.32%	-25.96%	-14.50%	1.70%	2.04%	6.09%	6.47%	7.88%	11.88%	-1.90%	7.52%	24.31%	140.16%	5.15%	-11.41%	-12.50%	-3.01%	-2.51%	-3.41%	3.08%	-16.27%	-8.39%	-2.54%	0.12%	9.03%	17.26%	1.96%	-9.54%	-5.27%	-0.97%	3.78%	3.95%	34.41%	100.09%	8.98%	-0.19%	-8.57%	9.51%	2.94%	-0.60%	6.69%	12.21%	6.86%	-10.67%	13.82%	18.07%	7.19%	9.39%	-2.51%	7.01%	6.57%	-14.35%	1.91%	12.64%
cost of net revenue	57,879,000	54,558,000	47,288,000	42,102,000	40,919,000	37,022,000	41,804,000	46,001,000	56,814,000	61,586,000	81,065,000	108,135,000	127,246,000	118,242,000	115,658,000	109,337,000	106,112,000	99,981,000	92,833,000	97,640,000	111,629,000	90,427,000	32,477,000	31,265,000	33,394,000	38,116,000	38,427,000	39,558,000	41,727,000	41,134,000	45,203,000	48,159,000	61,628,000	61,739,000	53,071,000	35,917,000	36,733,000	40,820,000	38,774,000	41,515,000	43,189,000	44,141,000	43,882,000	13,725,000	12,728,000	12,632,000	13,346,000	12,448,000	12,450,000	11,934,000	12,477,000	9,822,000	9,126,000	10,328,000	9,298,000	8,267,000	7,573,000	6,307,000	6,659,000	6,077,000	5,444,000	5,487,000	5,471,000	5,158,000
gross profit	78,557,000	71,901,000	61,525,000	53,831,000	51,248,000	44,080,000	50,186,000	49,268,000	68,539,000	73,944,000	102,873,000	140,307,000	163,340,000	167,488,000	164,351,000	154,590,000	141,777,000	129,793,000	112,543,000	111,719,000	83,087,000	66,206,000	32,743,000	30,762,000	36,624,000	41,904,000	44,080,000	45,077,000	45,900,000	43,876,000	56,330,000	62,668,000	52,093,000	51,842,000	51,104,000	52,924,000	50,403,000	55,504,000	62,913,000	61,170,000	55,760,000	51,050,000	26,942,000	21,671,000	19,750,000	19,909,000	22,246,000	20,053,000	19,124,000	19,831,000	17,296,000	16,712,000	15,704,000	17,467,000	15,122,000	12,416,000	11,723,000	11,332,000	11,435,000	10,831,000	10,421,000	13,036,000	12,705,000	10,979,000
yoy	53.29%	63.11%	22.59%	9.26%	-25.23%	-40.39%	-51.22%	-64.89%	-58.04%	-55.85%	-37.41%	-9.24%	15.21%	29.04%	46.03%	38.37%	70.64%	96.04%	243.72%	263.17%	126.86%	57.99%	-25.72%	-31.76%	-20.21%	-4.49%	-21.75%	-28.07%	-11.89%	-15.37%	10.23%	18.41%	3.35%	-6.60%	-18.77%	-13.48%	-9.61%	8.72%	133.51%	182.27%	182.33%	156.42%	21.11%	8.07%	3.27%	0.39%	28.62%	19.99%	21.78%	13.53%	14.38%	34.60%	33.96%	54.14%	32.24%	14.63%	12.49%	-13.07%	-10.00%	-1.35%
qoq	9.26%	16.86%	14.29%	5.04%	16.26%	-12.17%	1.86%	-28.12%	-7.31%	-28.12%	-26.68%	-14.10%	-2.48%	1.91%	6.31%	9.04%	9.23%	15.33%	0.74%	34.46%	25.50%	102.20%	6.44%	-16.01%	-12.60%	-4.94%	-2.21%	-1.79%	4.61%	-22.11%	-10.11%	20.30%	0.48%	1.44%	-3.44%	5.00%	-9.19%	-11.78%	2.85%	9.70%	9.23%	89.48%	24.32%	9.73%	-0.80%	-10.51%	10.94%	4.86%	-3.57%	14.66%	3.49%	6.42%	-10.09%	15.51%	21.79%	5.91%	3.45%	-0.90%	5.58%	3.93%	-20.06%	2.61%	15.72%
gross margin %	57.58%	56.86%	56.54%	56.11%	55.60%	54.35%	54.56%	51.71%	54.68%	54.56%	55.93%	56.47%	56.21%	58.62%	58.69%	58.57%	57.19%	56.49%	54.80%	53.36%	42.67%	42.27%	50.20%	49.59%	52.31%	52.37%	53.43%	53.26%	52.38%	51.61%	55.48%	56.55%	45.81%	45.64%	49.06%	59.57%	57.84%	57.62%	61.87%	59.57%	56.35%	53.63%	38.04%	61.22%	60.81%	61.18%	62.50%	61.70%	60.57%	62.43%	58.09%	62.98%	63.25%	62.84%	61.92%	60.03%	60.75%	64.24%	63.20%	64.06%	65.69%	70.38%	69.90%	68.04%
operating expenses:
research and development	51,691,000	54,252,000	47,199,000	55,457,000	51,278,000	52,604,000	56,541,000	64,766,000	65,250,000	66,306,000	70,657,000	67,291,000	73,724,000	76,437,000	80,395,000	65,886,000	73,320,000	67,538,000	74,416,000	63,166,000	70,504,000	55,816,000	27,984,000	25,689,000	23,467,000	23,174,000	24,304,000	27,399,000	29,667,000	29,047,000	30,211,000	31,121,000	30,116,000	29,270,000	29,015,000	23,878,000	24,035,000	25,921,000	24,037,000	23,752,000	22,640,000	23,491,000	23,993,000	15,281,000	14,681,000	14,957,000	13,892,000	13,095,000	14,743,000	14,569,000	12,309,000	11,511,000	12,634,000	10,855,000	10,995,000	11,908,000	10,179,000	9,456,000	12,655,000	7,866,000	7,426,000	7,298,000	6,922,000	6,079,000
selling, general and administrative	41,956,000	47,674,000	33,361,000	36,589,000	38,087,000	30,154,000	33,600,000	36,488,000	34,384,000	25,402,000	33,717,000	38,653,000	44,472,000	38,472,000	44,487,000	40,577,000	39,120,000	38,469,000	35,885,000	36,469,000	36,238,000	41,685,000	27,470,000	24,632,000	20,924,000	21,920,000	22,327,000	23,591,000	25,208,000	24,963,000	24,501,000	27,117,000	26,843,000	29,037,000	31,338,000	18,613,000	16,720,000	17,619,000	16,505,000	13,610,000	17,960,000	25,457,000	23,620,000	10,944,000	9,601,000	8,141,000	8,688,000	7,761,000	7,050,000	9,960,000	7,768,000	7,403,000	7,475,000	6,167,000	6,624,000	6,959,000	5,849,000	5,033,000	4,464,000	4,832,000	4,071,000	4,120,000	4,194,000	3,527,000
impairment losses						1,237,000						2,438,000												86,000						2,198,000
restructuring charges	-198,000	11,264,000	5,580,000	7,879,000	3,056,000	26,828,000	865,000	22,630,000	10,648,000	54,000	4,436,000	4,648,000	1,172,000	631,000	462,000				38,000	2,166,000		3,280,000	64,000	489,000	159,000	144,000	416,000	1,917,000	1,737,000	236,000	1,865,000		800,000	2,178,000	6,546,000		1,326,000			2,106,000	2,272,000	425,000	11,389,000
total operating expenses	93,449,000	113,190,000	86,140,000	99,925,000	92,421,000	110,823,000	91,006,000	123,884,000	110,282,000	91,762,000	108,810,000	113,030,000	122,179,000	115,540,000	125,344,000	106,463,000	112,440,000	106,007,000	110,339,000	101,801,000	106,742,000	100,781,000	55,518,000	50,896,000	44,550,000	45,238,000	47,047,000	52,907,000	56,612,000	56,444,000	56,577,000	58,238,000	57,759,000	62,485,000	66,899,000	42,491,000	42,081,000	44,840,000	40,542,000	39,468,000	64,472,000	49,373,000	59,002,000	26,225,000	24,282,000	23,098,000	22,580,000	20,856,000	21,793,000	24,529,000	20,077,000	18,914,000	20,109,000	17,022,000	17,619,000	18,867,000	16,028,000	14,489,000	17,119,000	12,698,000	11,497,000	11,418,000	11,116,000	9,606,000
income from operations	-14,892,000	-41,289,000	-24,615,000	-46,094,000	-41,173,000	-66,743,000	-40,820,000	-74,616,000	-41,743,000	-17,818,000	-5,937,000	27,277,000	41,161,000	51,948,000	39,007,000	48,127,000	29,337,000	23,786,000	2,204,000	9,918,000	-23,655,000	-34,575,000	-22,775,000	-20,134,000	-7,926,000	-3,334,000	-2,967,000	-7,830,000	-10,712,000	-12,568,000	-247,000	4,430,000	-5,666,000	-10,643,000	-15,795,000	10,433,000	8,322,000	10,664,000	22,371,000	21,702,000	-8,712,000	1,677,000	-32,060,000	-4,554,000	-4,532,000	-3,189,000	-334,000	-803,000	-2,669,000	-4,698,000	-2,781,000	-2,202,000	-4,405,000	445,000	-2,497,000	-6,451,000	-4,305,000	-3,157,000	-5,684,000	-1,867,000	-1,076,000	1,618,000	1,589,000	1,373,000
yoy	-63.83%	-38.14%	-39.70%	-38.23%	-1.37%	274.58%	587.55%	-373.55%	-201.41%	-134.30%	-115.22%	-43.32%	40.30%	118.40%	1669.83%	385.25%	-224.02%	-168.80%	-109.68%	-149.26%	198.45%	937.04%	667.61%	157.14%	-26.01%	-73.47%	1101.21%	-276.75%	89.06%	18.09%	-98.44%	-57.54%	-168.08%	-199.80%	-170.60%	-51.93%	-195.52%	535.90%	-169.78%	-576.55%	92.23%	-152.59%	9498.80%	467.12%	69.80%	-32.12%	-87.99%	-63.53%	-39.41%	-1155.73%	11.37%	-65.87%	2.32%	-114.10%	-56.07%	245.53%	300.09%	-295.12%	-457.71%	-235.98%
qoq	-63.93%	67.74%	-46.60%	11.95%	-38.31%	63.51%	-45.29%	78.75%	134.27%	200.12%	-121.77%	-33.73%	-20.76%	33.18%	-18.95%	64.05%	23.34%	979.22%	-77.78%	-141.93%	-31.58%	51.81%	13.12%	154.02%	137.73%	12.37%	-62.11%	-26.90%	-14.77%	4988.26%	-105.58%	-178.19%	-46.76%	-32.62%	-251.39%	25.37%	-21.96%	-52.33%	3.08%	-349.10%	-619.50%	-105.23%	604.00%	0.49%	42.11%	854.79%	-58.41%	-69.91%	-43.19%	68.93%	26.29%	-50.01%	-1089.89%	-117.82%	-61.29%	49.85%	36.36%	-44.46%	204.45%	73.51%	-166.50%	1.83%	15.73%
operating margin %	-10.92%	-32.65%	-22.62%	-48.05%	-44.67%	-82.30%	-44.37%	-78.32%	-33.30%	-13.15%	-3.23%	10.98%	14.16%	18.18%	13.93%	18.23%	11.83%	10.35%	1.07%	4.74%	-12.15%	-22.07%	-34.92%	-32.46%	-11.32%	-4.17%	-3.60%	-9.25%	-12.22%	-14.78%	-0.24%	4.00%	-4.98%	-9.37%	-15.16%	11.74%	9.55%	11.07%	22.00%	21.13%	-8.80%	1.76%	-45.27%	-12.87%	-13.95%	-9.80%	-0.94%	-2.47%	-8.45%	-14.79%	-9.34%	-8.30%	-17.74%	1.60%	-10.23%	-31.19%	-22.31%	-17.90%	-31.41%	-11.04%	-6.78%	8.74%	8.74%	8.51%
interest income	835,000	874,000	812,000	864,000	1,040,000	1,653,000	1,871,000	1,822,000	1,781,000	1,736,000	1,903,000	633,000	70,000	62,000	82,000	31,000	32,000	28,000	18,000		126,000	27,000	31,000	225,000	222,000	214,000	192,000	147,000	24,000	17,000	19,000	18,000	14,000	1,000	64,000	195,000	146,000	89,000	167,000	170,000	107,000	47,000	51,000	70,000	54,000	61,000	60,000	61,000	52,000	53,000	58,000	59,000	61,000	74,000	82,000	65,000	58,000	63,000	78,000	93,000	105,000	106,000	99,000	16,000
interest expense	-2,391,000	-2,649,000	-2,512,000	-2,504,000	-2,802,000	-2,655,000	-2,706,000	-2,711,000	-2,909,000	-2,715,000	-2,591,000	-2,487,000	-2,292,000	-2,711,000	-2,416,000	-2,349,000	-2,400,000	-2,649,000	-3,741,000	-4,206,000	-4,724,000	-3,569,000	-2,183,000	-2,476,000	-2,587,000	-2,718,000	-2,853,000	-2,975,000	-3,194,000	-3,473,000	-3,694,000	-3,894,000	-4,044,000	-4,133,000	-2,201,000																	-4,000	-8,000	-11,000	-15,000	-19,000	-31,000	-32,000	-2,000	-4,000	-7,000	-6,000	-7,000	-9,000
other income	-1,494,500	-324,000	-4,386,000	-1,268,000	2,113,000	-14,753,000	329,000	1,434,000	240,000	-22,721,000	1,865,000	-324,000	1,774,000	-4,705,000	7,179,000	-770,000	1,510,000	-105,000	-537,000	-104,000	-550,000	-719,000	-81,000	180,000	-498,000	1,098,000	-14,000	-655,000	229,000	39,000	725,000		-793,000	-668,000	-618,000		123,000	10,000	124,000		117,000	407,000			-29,000	-49,000	-18,000	-12,000	6,000	-82,000	-50,000	-73,000			1,000	-96,000	-131,000	-35,000	-24,000	-51,000	-7,250	-20,000	-7,000	-2,000
total other income	-2,911,000	-2,099,000	-6,086,000	-2,908,000	351,000	-15,755,000	-506,000	545,000	-888,000	-23,700,000	1,177,000	-2,178,000	-448,000	-7,354,000	4,845,000	-3,088,000	-858,000	-2,726,000	-9,481,000
income before income taxes	-17,803,000	-43,388,000	-30,701,000	-49,002,000	-40,822,000	-82,498,000	-41,326,000	-74,071,000	-42,631,000	-41,518,000	-4,760,000	25,099,000	40,713,000	44,594,000	43,852,000	45,039,000	28,479,000	21,060,000	-7,277,000	5,608,000	-28,803,000	-38,836,000	-25,008,000	-22,205,000	-10,789,000	-4,740,000	-5,642,000	-11,313,000	-13,653,000	-15,985,000	-3,197,000	-17,000	-10,489,000	-15,443,000	-18,550,000	10,484,000	8,591,000	10,763,000	22,662,000	21,674,000	-8,488,000	2,131,000	-32,031,000		-4,522,000	-3,177,000	-292,000	-754,000	-2,611,000	-4,727,000	-2,773,000	-2,220,000	-4,475,000	494,000	-2,429,000	-6,501,000	-4,409,000	-3,161,000	-5,632,000	-1,829,000	-1,007,000	1,698,000	1,674,000	1,378,000
income tax provision	-2,906,000	2,097,000		711,000	17,016,000	-6,713,000	-2,060,000	-1,762,000	-4,131,000	-1,689,000	-409,000	15,566,000	9,633,000	16,186,000	11,886,000	11,453,000	303,000	11,802,000		1,806,000					-2,475,250	-26,000	-3,413,000		-13,964,000	-2,050,000	11,225,000	-1,864,000	8,959,000	-6,276,000	-29,515,000
net income	-14,897,000	-45,485,000	-26,586,000	-49,713,000	-57,838,000	-75,785,000	-39,266,000	-72,309,000	-38,500,000	-39,829,000	-4,351,000	9,533,000	31,080,000	28,408,000	31,966,000	33,586,000	28,176,000	9,258,000	733,000	3,802,000	-24,672,000	-36,645,000	-21,807,000	-15,469,000	-8,104,000	-4,714,000	-2,229,000	-4,851,000	311,000	-13,935,000	-14,422,000	1,847,000	-19,448,000	-9,167,000	10,965,000	8,463,000	8,348,000	9,679,000	22,584,000	19,116,000	-8,544,000	1,582,000	-30,647,000	-4,722,000	-2,362,000	-3,205,000	-612,000	-862,000	-2,647,000	-4,882,000	-2,904,000	-2,300,000	-4,581,000	450,000	-2,559,000	-6,562,000	-4,692,000	-11,388,000	-4,796,000	-1,148,000	5,662,000	1,352,000	1,766,000	1,334,000
yoy	-74.24%	-39.98%	-32.29%	-31.25%	50.23%	90.28%	802.46%	-858.51%	-223.87%	-240.20%	-113.61%	-71.62%	10.31%	206.85%	4260.98%	783.38%	-214.20%	-125.26%	-103.36%	-124.58%	204.44%	677.37%	878.33%	218.88%	-2705.79%	-66.17%	-84.54%	-362.64%	-101.60%	52.01%	-231.53%	-78.18%	-332.97%	-194.71%	-51.45%	-55.73%	-197.71%	511.82%	-173.69%	-504.83%	261.73%	-149.36%	4907.68%	447.80%	-10.77%	-34.35%	-78.93%	-62.52%	-42.22%	-1184.89%	13.48%	-64.95%	-2.37%	-103.95%	-46.64%	471.60%	-182.87%	-942.31%	-371.57%	-186.06%
qoq	-67.25%	71.09%	-46.52%	-14.05%	-23.68%	93.00%	-45.70%	87.82%	-3.34%	815.40%	-145.64%	-69.33%	9.41%	-11.13%	-4.82%	19.20%	204.34%	1163.03%	-80.72%	-115.41%	-32.67%	68.04%	40.97%	90.88%	71.91%	111.48%	-54.05%	-1659.81%	-102.23%	-3.38%	-880.83%	-109.50%	112.15%	-183.60%	29.56%	1.38%	-13.75%	-57.14%	18.14%	-323.74%	-640.08%	-105.16%	549.03%	99.92%	-26.30%	423.69%	-29.00%	-67.43%	-45.78%	68.11%	26.26%	-49.79%	-1118.00%	-117.58%	-61.00%	39.86%	-58.80%	137.45%	317.77%	-120.28%	318.79%	-23.44%	32.38%
net income margin %	-10.92%	-35.97%	-24.43%	-51.82%	-62.75%	-93.44%	-42.69%	-75.90%	-30.71%	-29.39%	-2.37%	3.84%	10.70%	9.94%	11.42%	12.73%	11.37%	4.03%	0.36%	1.82%	-12.67%	-23.40%	-33.44%	-24.94%	-11.57%	-5.89%	-2.70%	-5.73%	0.35%	-16.39%	-14.20%	1.67%	-17.10%	-8.07%	10.53%	9.53%	9.58%	10.05%	22.21%	18.62%	-8.63%	1.66%	-43.27%	-13.34%	-7.27%	-9.85%	-1.72%	-2.65%	-8.38%	-15.37%	-9.75%	-8.67%	-18.45%	1.62%	-10.48%	-31.73%	-24.32%	-64.56%	-26.51%	-6.79%	35.69%	7.30%	9.72%	8.27%
net income per share
basic	-0.17	-0.52	-0.31	-0.58	-0.68	-0.9	-0.47	-0.88	-0.48	-0.49	-0.05	0.12	0.39	0.36	0.41	0.44	0.37	0.12	0.01	0.05	-0.33	-0.5	-0.3	-0.21	-0.11	-0.07	-0.03	-0.07	0.01	-0.2	-0.21	0.03	-0.3	-0.14	0.17	0.13	0.13	0.15	0.36	0.31	-0.168	0.03	-0.58	-0.12	-0.06	-0.09	-0.02	-0.02	-0.07	-0.14	-0.09	-0.07	-0.14	0.01	-0.08	-0.2	-0.15	-0.35	-0.15	-0.04	0.2	0.04	0.06	0.01
diluted	-0.17	-0.52	-0.31	-0.58	-0.68	-0.9	-0.47	-0.88	-0.48	-0.49	-0.05	0.12	0.38	0.35	0.4	0.42	0.36	0.12	0.01	0.05	-0.33	-0.5	-0.3	-0.21	-0.11	-0.07	-0.03	-0.07	0.01	-0.2	-0.21	0.03	-0.29	-0.14	0.16	0.12	0.12	0.14	0.33	0.29	-0.168	0.03	-0.58	-0.12	-0.06	-0.09	-0.02	-0.02	-0.07	-0.14	-0.09	-0.07	-0.14	0.01	-0.08	-0.2	-0.15	-0.35	-0.15	-0.04	0.18	0.04	0.05	0.01
shares used to compute net loss per share:
basic	220	87,186	86,626	85,271	297	84,074	83,477	82,349	324	81,249	80,446	79,471	206	78,436	77,858	77,192	242	76,582	75,930	74,852	404	73,402	72,740	72,039	250	71,366	70,917	69,968	234	68,742	68,335	67,674	302	66,712	65,889	65,238	327	64,241	63,470	62,585	2,850	60,644	52,586	38,015	345	36,901	36,093	35,369	314	34,506	33,748	32,821	-204	33,316	33,578	33,312	163	32,743	32,442	32,037	1,643	31,264	31,243	12,586
diluted	220	87,186	86,626	85,271	297	84,074	83,477	82,349	324	81,249	80,446	81,338	521	80,060	80,279	80,641	631	79,815	79,026	78,283	404	73,402	72,740	72,039	250	71,366	70,917	69,968	234	68,742	68,335	70,440	-3,239	66,712	69,645	69,149	299	67,832	67,520	65,818	2,850	63,209	52,586	38,015	345	36,901	36,093	35,369	314	34,506	33,748	32,821	-204	34,547	33,578	33,312	163	32,743	32,442	32,037	1,518	34,036	34,492	15,146
income tax benefit			-4,115,000																-8,010,000		-4,131,000	-2,191,000	-3,201,000	-6,736,000				-6,462,000
shares used to compute net income per share:
basic	220	87,186	86,626	85,271	297	84,074	83,477	82,349	324	81,249	80,446	79,471	206	78,436	77,858	77,192	242	76,582	75,930	74,852	404	73,402	72,740	72,039	250	71,366	70,917	69,968	234	68,742	68,335	67,674	302	66,712	65,889	65,238	327	64,241	63,470	62,585	2,850	60,644	52,586	38,015	345	36,901	36,093	35,369	314	34,506	33,748	32,821	-204	33,316	33,578	33,312	163	32,743	32,442	32,037	1,643	31,264	31,243	12,586
diluted	220	87,186	86,626	85,271	297	84,074	83,477	82,349	324	81,249	80,446	81,338	521	80,060	80,279	80,641	631	79,815	79,026	78,283	404	73,402	72,740	72,039	250	71,366	70,917	69,968	234	68,742	68,335	70,440	-3,239	66,712	69,645	69,149	299	67,832	67,520	65,818	2,850	63,209	52,586	38,015	345	36,901	36,093	35,369	314	34,506	33,748	32,821	-204	34,547	33,578	33,312	163	32,743	32,442	32,037	1,518	34,036	34,492	15,146
loss on extinguishment of debt																			-5,221,000
total interest and other income																				-4,310,000	-5,148,000	-4,261,000	-2,233,000	-2,071,000	-2,863,000	-1,406,000	-2,675,000	-3,483,000	-2,941,000	-3,417,000	-2,950,000	-4,447,000	-4,823,000	-4,800,000	-2,755,000
other expense																																-571,000				-144,000				-198,000			-22,000	-34,000									-27,250	-14,000
ipr&d impairment losses																																		2,000,000				1,300,000
provision for income taxes																																				2,021,000	243,000	1,084,000	78,000	2,558,000			-1,384,000	204,000									58,750	44,000
benefit for income taxes																																									-157,750	549,000													130,000	61,000			-836,000	-681,000			-92,000
income before provision for income taxes																																												-4,518,000
benefit from income taxes																																													114,000	28,000	320,000	108,000	36,000	155,000	131,000	80,000					1,677,500	8,227,000			74,500	346,000		44,000
net income allocable to preferred stockholders																																																																-1,215,000
net income attributable to common stockholders																																																									-4,692,000	-11,388,000	-4,796,000	-1,148,000	5,662,000	1,352,000	1,766,000	119,000
shares used to compute net income per share attributable to common stockholders:
basic	220	87,186	86,626	85,271	297	84,074	83,477	82,349	324	81,249	80,446	79,471	206	78,436	77,858	77,192	242	76,582	75,930	74,852	404	73,402	72,740	72,039	250	71,366	70,917	69,968	234	68,742	68,335	67,674	302	66,712	65,889	65,238	327	64,241	63,470	62,585	2,850	60,644	52,586	38,015	345	36,901	36,093	35,369	314	34,506	33,748	32,821	-204	33,316	33,578	33,312	163	32,743	32,442	32,037	1,643	31,264	31,243	12,586
diluted	220	87,186	86,626	85,271	297	84,074	83,477	82,349	324	81,249	80,446	81,338	521	80,060	80,279	80,641	631	79,815	79,026	78,283	404	73,402	72,740	72,039	250	71,366	70,917	69,968	234	68,742	68,335	70,440	-3,239	66,712	69,645	69,149	299	67,832	67,520	65,818	2,850	63,209	52,586	38,015	345	36,901	36,093	35,369	314	34,506	33,748	32,821	-204	34,547	33,578	33,312	163	32,743	32,442	32,037	1,518	34,036	34,492	15,146

Balance Sheets:

Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31

assets
current assets:
cash and cash equivalents	72,806,000	111,859,000	108,618,000	102,773,000	118,575,000	148,476,000	185,108,000	191,882,000	187,288,000	187,028,000	224,579,000	207,850,000	187,353,000	181,496,000	211,363,000	151,111,000	130,572,000	169,424,000	130,312,000	148,095,000	148,901,000	96,570,000	107,362,000	98,373,000	92,708,000	66,115,000	66,629,000	71,102,000	73,142,000	67,185,000	74,059,000	55,645,000	71,872,000	71,576,000	87,568,000	89,121,000	82,896,000	56,076,000	147,582,000	76,840,000	67,956,000	58,149,000	56,731,000	22,769,000	20,696,000	34,055,000	31,248,000	28,500,000	26,450,000	26,500,000	24,718,000	17,174,000	21,810,000	26,634,000	12,512,000	23,796,000	28,026,000	43,521,000	21,934,000	33,147,000	21,563,000	21,290,000	17,780,000	68,875,000
short-term restricted cash	1,419,000	1,380,000		1,267,000	1,003,000	993,000	1,006,000	1,028,000	1,051,000	1,105,000	1,042,000	964,000	982,000	971,000	162,000	105,000	105,000	107,000	107,000	114,000	115,000	111,000	9,000	10,000	349,000	345,000	344,000	347,000	645,000	349,000	345,000	617,000	1,476,000	615,000	615,000	615,000
accounts receivable	46,122,000	52,934,000	105,818,000	98,925,000	85,464,000	47,930,000	84,940,000	126,230,000	170,619,000	158,232,000	155,834,000	188,733,000	170,971,000	178,072,000	137,065,000	125,693,000	119,724,000	106,867,000	135,321,000	87,521,000	67,442,000	105,355,000	41,434,000	44,796,000	50,411,000	56,339,000	56,618,000	59,639,000	59,491,000	58,633,000	83,648,000	90,632,000	66,099,000	75,618,000	82,695,000	57,836,000	50,487,000	49,672,000	44,340,000	41,040,000	42,399,000	41,766,000	41,561,000	20,666,000	18,523,000	20,455,000	20,688,000	21,378,000	20,058,000	18,874,000	17,855,000	18,019,000	14,558,000	16,279,000	14,948,000	11,069,000	10,421,000	8,385,000	8,322,000	7,593,000	3,047,000	4,538,000	8,350,000	8,086,000
inventory	78,104,000	86,329,000	86,031,000	86,005,000	90,343,000	96,063,000	94,738,000	96,125,000	99,908,000	114,942,000	126,152,000	149,585,000	160,544,000	165,970,000	146,431,000	139,041,000	131,703,000	127,347,000	98,502,000	92,154,000	97,839,000	104,471,000	34,284,000	31,088,000	31,510,000	37,642,000	42,875,000	42,753,000	41,738,000	41,757,000	44,338,000	45,758,000	53,434,000	63,692,000	77,559,000	31,685,000	26,583,000	32,119,000	25,604,000	29,421,000	32,443,000	36,265,000	38,822,000	12,849,000	10,858,000	9,576,000	9,763,000	11,042,000	10,032,000	9,675,000	9,355,000	8,662,000	9,891,000	8,946,000	8,537,000	6,766,000	8,082,000	9,228,000	6,675,000	5,236,000	7,425,000	6,357,000	4,241,000	2,877,000
prepaid expenses and other current assets	50,390,000	31,630,000	29,682,000	31,436,000	28,057,000	34,798,000	31,789,000	29,414,000	29,159,000	32,688,000	26,396,000	27,773,000	24,745,000	17,879,000	19,739,000	19,575,000	22,000,000	14,535,000	13,866,000	17,096,000	47,421,000	43,546,000	7,489,000	6,342,000	6,792,000	4,679,000	6,184,000	5,479,000	5,595,000	6,329,000	7,305,000	8,413,000	8,423,000	7,917,000	9,732,000	5,535,000	6,159,000	6,831,000	4,982,000	6,185,000	3,904,000	4,500,000	5,297,000	3,574,000	2,438,000	2,074,000	1,960,000	1,675,000	1,682,000	1,622,000	1,814,000	1,370,000	1,494,000	1,394,000	1,633,000	1,163,000
total current assets	248,841,000	284,132,000	330,149,000	320,406,000	323,442,000	328,260,000	397,581,000	444,679,000	488,025,000	508,607,000	554,491,000	593,586,000	563,124,000	562,975,000	538,624,000	454,576,000	404,104,000	418,280,000	378,108,000	344,980,000	361,718,000	350,053,000	190,578,000	180,609,000	181,770,000	165,120,000	172,650,000	179,320,000	180,611,000	174,253,000	209,695,000	201,065,000	201,304,000	219,418,000	258,169,000	248,429,000	214,043,000	186,844,000	251,407,000	226,696,000	190,002,000	167,477,000	159,049,000	102,031,000	100,914,000	113,900,000	107,534,000	107,364,000	93,716,000	92,646,000	90,826,000	86,952,000	98,018,000	104,045,000	106,414,000	95,093,000	95,079,000	106,973,000	110,382,000	108,424,000	109,190,000	109,995,000	105,951,000	105,857,000
long-term restricted cash	27,187,000	24,000	1,635,000	25,000	25,000	23,000	23,000	20,000	17,000	19,000	22,000	22,000	22,000	26,000	894,000	1,037,000	1,061,000	1,023,000	1,015,000	984,000	1,018,000	61,000	58,000	57,000	60,000	64,000	65,000	418,000	404,000	709,000	711,000	1,071,000	1,064,000	1,905,000	1,908,000	1,502,000
property and equipment	48,873,000	50,865,000	51,125,000	55,546,000	59,300,000	63,493,000	65,422,000	68,338,000	66,431,000	69,484,000	73,845,000	77,691,000	79,018,000	67,081,000	64,136,000	60,022,000	60,924,000	53,022,000	48,104,000	40,787,000	39,470,000	37,258,000	18,059,000	15,751,000	16,613,000	15,204,000	15,738,000	16,987,000	18,404,000	19,413,000	20,886,000	21,993,000	22,658,000	23,336,000	24,469,000	19,162,000	20,549,000	21,950,000	21,134,000	21,538,000	21,858,000	20,543,000	23,123,000	11,264,000	12,441,000	10,125,000	9,858,000	7,913,000	5,511,000	5,890,000	6,149,000	6,550,000	6,866,000	6,274,000	5,431,000	5,052,000	5,494,000	4,866,000	5,230,000	5,045,000	4,535,000	4,078,000	3,564,000	3,007,000
leased right-of-use assets	15,506,000	14,624,000	16,528,000	17,939,000	18,184,000	22,549,000	24,883,000	27,468,000	31,264,000	32,647,000	35,112,000	26,357,000	28,515,000	30,041,000	33,154,000	32,919,000	27,269,000	23,668,000	22,847,000	24,403,000	21,886,000	11,876,000	8,942,000	9,864,000	10,978,000	18,719,000	20,624,000	21,543,000
intangible assets	48,892,000	52,066,000	54,359,000	51,587,000	55,008,000	58,031,000	61,786,000	64,939,000	73,630,000	82,643,000	91,203,000	96,352,000	109,316,000	122,142,000	127,928,000	140,153,000	152,540,000	163,894,000	174,964,000	191,542,000	207,266,000	232,148,000	159,441,000	173,570,000	187,971,000	202,217,000	216,342,000	230,634,000	244,900,000	261,813,000	281,017,000	298,031,000	315,045,000	332,409,000	353,524,000	99,679,000	104,261,000	109,885,000	60,675,000	49,293,000	51,355,000	79,655,000	93,377,000	10,191,000	10,386,000	511,000	590,000	670,000	749,000	829,000	958,000	123,000	275,000	461,000	648,000	834,000	1,021,000	1,216,000	755,000	867,000	980,000	947,000	880,000	461,000
goodwill	318,588,000	318,588,000	318,588,000	318,588,000	318,588,000	318,588,000	318,588,000	318,588,000	318,588,000	318,456,000	318,456,000	318,910,000	306,739,000	306,739,000	306,739,000	306,713,000	306,668,000	302,828,000	302,828,000	302,828,000	302,828,000	302,576,000	238,330,000	238,330,000	238,330,000	238,330,000	238,330,000	238,330,000	238,330,000	238,330,000	238,330,000	237,810,000	237,992,000	239,673,000	238,838,000	75,673,000	76,015,000	75,794,000	56,714,000	49,779,000	49,779,000	49,373,000	48,888,000	1,201,000	1,201,000
deferred tax assets	77,268,000	74,764,000	75,037,000	69,345,000	68,662,000	82,552,000	74,228,000	72,176,000	69,493,000	59,121,000	56,757,000	57,515,000	66,491,000	65,767,000	81,762,000	82,326,000	89,168,000	84,660,000	91,526,000	85,524,000	86,065,000	72,537,000	76,371,000	73,492,000	67,284,000	64,046,000	62,667,000	58,067,000	51,518,000	42,691,000	42,995,000	41,426,000	39,878,000	53,985,000	53,878,000
other long-term assets	11,241,000	13,070,000	16,316,000	21,845,000	21,430,000	21,807,000	30,686,000	34,417,000	32,809,000	32,810,000	31,594,000	28,045,000	26,800,000	27,927,000	27,456,000	21,381,000	8,650,000	6,519,000	7,235,000	7,551,000	2,191,000	1,270,000	1,281,000	1,752,000	2,785,000	3,065,000	2,744,000	3,583,000	4,664,000	4,935,000	4,732,000	7,318,000	6,921,000	6,288,000	6,841,000	1,652,000	1,793,000	1,883,000	1,982,000	2,169,000	2,269,000	5,715,000	6,158,000	490,000	513,000	542,000	596,000	581,000	543,000	273,000	267,000	264,000	257,000	258,000	226,000	231,000						180,000	177,000	110,000
total assets	796,396,000	808,133,000	863,737,000	855,281,000	864,639,000	895,303,000	973,197,000	1,030,625,000	1,080,257,000	1,103,787,000	1,161,480,000	1,198,478,000	1,180,025,000	1,182,698,000	1,180,693,000	1,099,127,000	1,050,384,000	1,053,894,000	1,026,627,000	998,599,000	1,022,442,000	1,007,779,000	693,060,000	693,425,000	705,791,000	706,765,000	729,160,000	748,882,000	738,831,000	742,144,000	798,366,000	808,714,000	824,862,000	877,014,000	937,627,000	446,097,000	422,652,000	408,376,000	391,912,000	366,257,000	334,505,000	342,610,000	339,301,000	141,509,000	135,711,000	137,200,000	134,963,000	131,956,000	124,929,000	120,182,000	117,653,000	112,245,000	110,597,000	113,657,000	115,718,000	108,533,000	112,376,000	113,163,000	122,126,000	119,240,000	118,918,000	115,200,000	110,572,000	109,435,000
liabilities and stockholders’ equity
current liabilities:
accounts payable	37,916,000	31,411,000	26,860,000	18,355,000	31,378,000	30,628,000	35,634,000	32,392,000	21,551,000	45,203,000	45,901,000	54,578,000	68,576,000	90,845,000	73,140,000	60,214,000	52,976,000	63,635,000	53,483,000	39,061,000	32,751,000	50,574,000	17,832,000	13,597,000	13,442,000	13,533,000	16,995,000	13,306,000	15,588,000	11,906,000	11,894,000	12,363,000	16,939,000	14,082,000	21,359,000	15,319,000	6,757,000	7,061,000	8,114,000	7,818,000	6,389,000	15,030,000	20,784,000	7,526,000	7,509,000	6,518,000	8,782,000	9,899,000	7,507,000	5,872,000	8,304,000	3,798,000	7,372,000	7,931,000	6,766,000	3,475,000	4,936,000	5,777,000	6,605,000	3,718,000	2,877,000	1,800,000	2,899,000	3,929,000
accrued price protection liability	26,493,000	33,839,000	39,520,000	47,683,000	43,401,000	44,472,000	61,630,000	65,233,000	71,684,000	71,643,000	80,133,000	103,797,000	113,274,000	116,591,000	110,553,000	68,349,000	40,509,000	49,411,000	54,717,000	55,029,000	47,766,000	18,034,000	5,902,000	8,024,000	12,557,000	13,621,000	11,294,000	18,943,000	16,454,000	14,418,000	20,080,000	20,212,000	21,571,000	28,229,000	24,623,000	21,947,000	15,176,000	17,112,000	18,270,000	18,443,000	20,026,000	19,704,000	15,779,000	12,665,000	10,018,000	16,485,000	15,512,000	14,380,000	15,017,000	12,497,000	10,677,000	9,788,000	7,880,000
accrued expenses and other current liabilities	72,392,000	76,802,000	120,010,000	106,994,000	87,408,000	71,197,000	70,965,000	98,132,000	98,468,000	86,276,000	90,693,000	112,943,000	100,155,000	94,414,000	93,507,000	75,553,000	57,268,000	70,866,000	61,235,000	77,755,000	105,842,000	104,723,000	31,685,000	30,661,000	31,171,000	27,105,000	30,300,000	32,707,000	23,520,000	27,480,000	38,165,000	25,713,000	20,306,000	27,023,000	38,605,000	14,984,000	16,358,000	16,682,000	13,125,000	17,269,000	15,368,000	19,151,000	24,681,000	7,601,000	5,548,000	5,485,000	5,915,000	4,495,000	4,285,000	6,089,000	4,857,000	4,924,000
accrued compensation	49,219,000	41,499,000	27,102,000	23,861,000	20,097,000	22,300,000	22,048,000	28,097,000	30,426,000	29,788,000	25,002,000	28,844,000	59,081,000	49,468,000	38,881,000	30,679,000	56,642,000	47,362,000	39,492,000	25,792,000	47,302,000	38,043,000	14,545,000	10,146,000	9,392,000	8,860,000	8,329,000	8,527,000	15,005,000	12,660,000	10,021,000	8,773,000	13,208,000	11,823,000	10,304,000	6,621,000	10,261,000	8,342,000	10,313,000	13,221,000	9,983,000	9,462,000	8,857,000	8,433,000	6,559,000	6,318,000	4,888,000	9,737,000	7,698,000	7,112,000	4,369,000	9,281,000	7,004,000	5,986,000	4,259,000	3,661,000	2,094,000	2,768,000	2,156,000	2,601,000	2,145,000	2,395,000	1,888,000	1,007,000
total current liabilities	186,020,000	183,551,000	213,492,000	196,893,000	182,284,000	168,597,000	190,277,000	223,854,000	222,129,000	232,910,000	241,729,000	300,162,000	341,086,000	351,318,000	316,081,000	234,795,000	207,395,000	231,274,000	211,789,000	197,637,000	233,661,000	211,374,000	69,964,000	62,428,000	66,562,000	63,119,000	66,918,000	73,483,000	70,567,000	66,464,000	80,160,000	67,061,000	76,386,000	98,381,000	110,197,000	64,555,000	54,543,000	54,491,000	55,620,000	63,274,000	55,832,000	67,485,000	74,236,000	39,858,000	33,246,000	39,691,000	37,726,000	41,691,000	37,158,000	34,617,000	30,803,000	30,728,000	29,568,000	29,093,000	25,505,000	19,280,000	18,494,000	17,712,000	17,320,000	13,247,000	13,746,000	18,459,000	16,649,000	18,446,000
long-term lease liabilities	12,313,000	12,133,000	14,397,000	15,774,000	16,952,000	19,433,000	21,522,000	23,897,000	26,243,000	28,017,000	30,712,000	21,239,000	23,353,000	25,040,000	27,838,000	30,208,000	24,640,000	21,400,000	20,445,000	22,419,000	20,862,000	9,406,000	6,833,000	8,029,000	9,335,000	14,995,000	16,515,000	18,132,000
long-term debt	123,618,000	123,461,000	123,305,000	123,150,000	122,996,000	122,840,000	122,684,000	122,529,000	122,375,000	122,219,000	122,064,000	121,910,000	121,757,000	171,607,000	246,450,000	286,298,000	306,153,000	326,027,000	343,022,000	344,116,000	363,592,000	372,457,000	207,486,000	207,197,000	206,909,000	206,622,000	226,335,000	241,044,000	255,757,000	270,470,000	305,183,000	322,896,000	347,609,000	367,322,000	415,032,000
other long-term liabilities	22,550,000	24,261,000	24,212,000	26,289,000	26,124,000	27,561,000	21,459,000	22,362,000	23,245,000	17,964,000	20,928,000	21,055,000	17,444,000	18,852,000	20,727,000	19,980,000	22,998,000	17,650,000	17,704,000	13,649,000	13,210,000	17,734,000	6,802,000	7,614,000	8,065,000	8,678,000	8,016,000	8,019,000	8,474,000	8,277,000	8,564,000	7,591,000	8,558,000	9,598,000	9,409,000	6,454,000	6,029,000	5,712,000	5,064,000	4,773,000	4,322,000	10,597,000	10,723,000	3,522,000	3,363,000	1,475,000	1,373,000	1,149,000	1,097,000	917,000	903,000	828,000	796,000	683,000	676,000	492,000	855,000	978,000	1,347,000
total liabilities	344,501,000	343,406,000	375,406,000	362,106,000	348,356,000	338,431,000	355,942,000	392,642,000	393,992,000	401,110,000	415,433,000	464,366,000	503,640,000	566,817,000	611,096,000	571,281,000	561,186,000	596,351,000	592,960,000	577,821,000	631,325,000	610,971,000	291,085,000	285,268,000	290,871,000	293,414,000	317,784,000	340,678,000	338,895,000	349,750,000	398,445,000	402,266,000	437,438,000	480,366,000	539,720,000	80,084,000	70,228,000
commitments and contingencies
stockholders’ equity:
preferred stock, 0.0001 par value...
common stock, 0.0001 par value...	9,000	9,000	9,000	9,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	8,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000
additional paid-in capital	951,262,000	950,067,000	928,012,000	912,570,000	886,823,000	866,603,000	853,865,000	834,384,000	808,575,000	790,634,000	788,528,000	771,164,000	722,778,000	697,649,000	677,395,000	663,622,000	657,485,000	655,620,000	640,710,000	628,911,000	602,064,000	584,968,000	554,250,000	539,035,000	529,596,000	520,204,000	512,753,000	506,649,000	493,287,000	485,149,000	478,453,000	469,556,000	455,497,000	446,485,000	439,040,000	418,682,000	413,909,000	407,928,000	400,093,000	390,704,000	384,961,000	377,800,000	368,507,000	181,614,000	177,912,000	172,433,000	169,028,000	161,666,000	158,360,000	153,694,000	150,164,000	141,973,000	139,210,000	135,430,000	132,314,000	128,973,000	126,695,000	123,471,000	121,025,000	118,505,000	116,512,000	113,713,000	112,409,000	111,236,000
accumulated other comprehensive income	1,030,000	160,000	334,000										-1,021,000	-5,316,000	-2,938,000	1,050,000	2,125,000	511,000	803,000	446,000	1,435,000				-887,000	-1,168,000	-406,000	297,000	272,000	1,179,000	1,624,000	2,628,000	1,039,000										88,000	22,000	-25,000	24,000	54,000	56,000	58,000	52,000	-1,000	28,000	35,000	42,000	28,000	33,000	14,000	-10,000	33,000	42,000	45,000	74,000
accumulated deficit	-500,406,000	-485,509,000	-440,024,000	-413,438,000	-363,725,000	-305,887,000	-230,102,000	-190,836,000	-118,527,000	-80,027,000	-40,198,000	-35,847,000	-45,380,000	-76,460,000	-104,868,000	-136,834,000	-170,420,000	-198,596,000	-207,854,000	-208,587,000	-212,389,000	-187,717,000	-151,072,000	-129,265,000	-113,796,000	-105,692,000	-100,978,000	-98,749,000	-93,630,000	-93,941,000	-80,163,000	-65,743,000	-69,119,000	-49,671,000	-40,504,000	-51,469,000	-59,932,000	-68,280,000	-77,959,000	-102,108,000	-121,221,000	-112,677,000	-114,259,000	-83,511,000	-78,789,000	-76,427,000	-73,222,000	-72,610,000	-71,748,000	-69,101,000	-64,219,000	-61,315,000	-59,015,000	-51,594,000	-42,808,000	-40,249,000	-33,687,000	-28,995,000	-17,607,000	-12,811,000	-11,663,000	-17,325,000	-18,677,000	-20,443,000
total stockholders’ equity	451,895,000	464,727,000	488,331,000	493,175,000	516,283,000	556,872,000	617,255,000	637,983,000	686,265,000	702,677,000	746,047,000	734,112,000	676,385,000	615,881,000	569,597,000	527,846,000	489,198,000	457,543,000	433,667,000	420,778,000	391,117,000	396,808,000	401,975,000	408,157,000	414,920,000	413,351,000	411,376,000	408,204,000	399,936,000	392,394,000	399,921,000	406,448,000	387,424,000	396,648,000	397,907,000	366,013,000	352,424,000	338,703,000	321,188,000	288,015,000	262,924,000	264,528,000	254,342,000	98,129,000	99,102,000	96,034,000	95,864,000	89,116,000	86,674,000	84,648,000	85,947,000	80,689,000	80,233,000	83,881,000	89,537,000	88,760,000	93,025,000	94,469,000	103,454,000	105,739,000	104,897,000	96,465,000	93,683,000	90,783,000
total liabilities and stockholders’ equity	796,396,000	808,133,000	863,737,000	855,281,000	864,639,000	895,303,000	973,197,000	1,030,625,000	1,080,257,000	1,103,787,000	1,161,480,000	1,198,478,000	1,180,025,000	1,182,698,000	1,180,693,000	1,099,127,000	1,050,384,000	1,053,894,000	1,026,627,000	998,599,000	1,022,442,000	1,007,779,000	693,060,000	693,425,000	705,791,000	706,765,000	729,160,000	748,882,000	738,831,000	742,144,000	798,366,000	808,714,000	824,862,000	877,014,000	937,627,000	446,097,000	422,652,000	408,376,000	391,912,000	366,257,000	334,505,000	342,610,000	339,301,000	141,509,000	135,711,000	137,200,000	134,963,000	131,956,000	124,929,000	120,182,000	117,653,000	112,245,000	110,597,000	113,657,000	115,718,000	108,533,000	112,376,000	113,163,000	122,126,000	119,240,000	118,918,000	115,200,000	110,572,000
accumulated other comprehensive loss				-5,966,000	-6,823,000	-3,852,000	-6,516,000	-5,573,000	-3,791,000	-7,938,000	-2,291,000	-1,213,000										-450,000	-1,210,000	-1,620,000										-173,000	-636,000	-1,207,000	-1,560,000	-952,000	-953,000	-588,000	-822,000	-601,000																					-52,000	-13,000
short-term investments										14,612,000	20,488,000	18,681,000	18,529,000	18,587,000	23,864,000	19,051,000
current portion of long-term debt																			2,862,000																1,989,000
deferred revenue and deferred profit																																	4,362,000	17,224,000	13,317,000	5,684,000	5,991,000	5,294,000	5,798,000	6,523,000	4,066,000	4,138,000	4,135,000	3,633,000	3,612,000	4,885,000	2,629,000	3,180,000	2,651,000	3,047,000	2,596,000	2,937,000	2,289,000	2,341,000	2,225,000	2,514,000	4,029,000	2,497,000	3,828,000	4,504,000	5,322,000	10,530,000	7,218,000	9,670,000
deferred rent																													4,097,000	4,539,000	4,538,000	4,718,000	4,885,000	5,065,000	5,082,000	9,075,000	9,656,000	9,470,000	10,040,000	10,195,000	11,427,000																			248,000	257,000	234,000	175,000	115,000
short-term investments, available-for-sale																																				63,637,000	47,918,000	42,146,000	28,899,000	73,210,000	43,300,000	26,797,000	16,638,000	42,173,000	48,399,000	47,740,000	43,875,000	44,769,000	35,494,000	35,975,000	37,084,000	41,727,000	50,265,000	50,792,000	68,784,000	52,299,000	47,156,000
long-term investments, available-for-sale																																					5,991,000	12,020,000		16,782,000	19,242,000	19,847,000	8,706,000	16,332,000	10,256,000	12,122,000	16,385,000	15,428,000	24,410,000	20,544,000	19,453,000	18,356,000	5,181,000	2,619,000	2,999,000	7,323,000	10,554,000
class a common stock, 0.0001 par value...																																					6,000	6,000	6,000	6,000	5,000	5,000	5,000	3,000	3,000	3,000	3,000	3,000	3,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	1,000	1,000	1,000	1,000	1,000
class b common stock, 0.0001 par value...																																					1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	2,000	2,000	2,000	2,000	2,000
accrued expenses																																																					5,021,000	12,831,000	12,250,000	9,621,000	7,403,000	6,616,000	4,656,000	2,339,000	1,558,000	1,321,000	1,560,000	2,133,000
current portion of capital lease obligations																																																					2,000	4,000	5,000	9,000	32,000	54,000	75,000	85,000	98,000	104,000	113,000	119,000
capital lease obligations, net of current portion																																																								1,000	2,000	4,000	5,000	6,000	18,000	42,000	65,000	91,000
deferred income taxes, prepaid expenses and other current assets																																																									1,394,000	1,486,000	4,277,000	3,771,000	4,232,000
deferred income taxes and other long-term assets																																																									228,000	108,000	5,759,000	4,904,000	4,213,000
amounts due to related party																																																													1,746,000	2,309,000	2,971,000	1,588,000
investments, available-for-sale																																																										44,353,000	69,174,000	58,677,000	72,923,000	76,591,000	74,219,000	25,638,000
stockholders’ equity
convertible preferred stock, 0.0001 par value...
series a convertible preferred stock, no shares and 11,696 shares authorized at december 31, 2010 and 2009, respectively; no shares and 7,554 shares issued and outstanding at december 31, 2010 and 2009, respectively; liquidation preference of 0 and 15,351 at december 31, 2010 and 2009, respectively
series b convertible preferred stock, no shares and 10,796 shares authorized at december 31, 2010 and 2009, respectively; no shares and 6,972 shares issued and outstanding at december 31, 2010 and 2009, respectively; liquidation preference of 0 and 20,000 at december 31, 2010 and 2009, respectively
prepaid and other current assets																																																														1,219,000	1,361,000	381,000
series a convertible preferred stock, no shares and 11,696 shares authorized at september 30, 2010 (unaudited) and december 31, 2009, respectively; no shares and 7,554 shares issued and outstanding at september 30, 2010 (unaudited) and december 31, 2009, respectively; liquidation preference of 0 and 15,351 at september 30, 2010 (unaudited) and december 31, 2009, respectively
series b convertible preferred stock, no shares and 10,796 shares authorized at september 30, 2010 (unaudited) and december 31, 2009, respectively; no shares and 6,972 shares issued and outstanding at september 30, 2010 (unaudited) and december 31, 2009, respectively; liquidation preference of 0 and 20,000 at september 30, 2010 (unaudited) and december 31, 2009, respectively
series a convertible preferred stock, no shares and 11,696 shares authorized at june 30, 2010 (unaudited) and december 31, 2009, respectively; no shares and 7,554 shares issued and outstanding at june 30, 2010 (unaudited) and december 31, 2009, respectively; liquidation preference of 0 and 15,351 at june 30, 2010 (unaudited) and december 31, 2009, respectively
series b convertible preferred stock, no shares and 10,796 shares authorized at june 30, 2010 (unaudited) and december 31, 2009, respectively; no shares and 6,972 shares issued and outstanding at june 30, 2010 (unaudited) and december 31, 2009, respectively; liquidation preference of 0 and 20,000 at june 30, 2010 (unaudited) and december 31, 2009, respectively
series a convertible preferred stock, no shares and 11,696 shares authorized at march 31, 2010 (unaudited) and december 31, 2009, respectively; no shares and 7,554 shares issued and outstanding at march 31, 2010 (unaudited) and december 31, 2009, respectively; liquidation preference of 0 and 15,351 at march 31, 2010 (unaudited) and december 31, 2009, respectively
series b convertible preferred stock, no shares and 10,796 shares authorized at march 31, 2010 (unaudited) and december 31, 2009, respectively; no shares and 6,972 shares issued and outstanding at march 31, 2010 (unaudited) and december 31, 2009, respectively; liquidation preference of 0 and 20,000 at march 31, 2010 (unaudited) and december 31, 2009, respectively
total liabilities and stockholders’ deficit																																																																109,435,000

Cashflow Statements:

Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31

operating activities
net loss	-14,897,000	-45,485,000	-26,586,000	-49,713,000																	-24,672,000	-36,645,000	-21,807,000	-15,469,000	-8,104,000	-4,714,000																	-30,647,000	-4,722,000
adjustments to reconcile net loss to cash from operating activities:
amortization and depreciation	10,788,000	10,838,000	11,217,000	11,149,000	11,714,000	12,142,000	13,600,000	16,684,000	16,593,000	17,014,000	18,707,000	19,202,000	18,825,000	18,457,000	19,569,000	23,880,000	24,353,000	23,117,000	21,997,000	22,325,000	22,694,000	20,554,000	16,532,000	16,733,000	16,473,000	16,419,000	16,646,000	16,863,000	19,125,000	19,767,000	20,051,000	20,084,000	20,236,000	21,342,000	18,261,000	6,899,000	7,960,000	8,808,000	4,163,000	5,772,000	9,479,000	17,296,000	12,227,000	1,639,000	1,580,000	1,322,000	1,071,000	1,134,000	799,000	874,000	1,061,000	981,000	970,000	860,000	831,000	870,000	865,000	863,000	755,000	676,000	591,000	517,000	436,000	329,000
impairment losses									0	0	0	2,438,000									0	0	0	86,000					0
impairment of investments and other assets					0
amortization of debt issuance costs and accretion of discounts	451,000	477,000	491,000	510,000	548,000	637,000	665,000	688,000	703,000	685,000	625,000	548,000	513,000	505,000	471,000	486,000	416,000	513,000
stock-based compensation	19,593,000	21,511,000	13,113,000	22,911,000	18,813,000	12,788,000	17,359,000	17,061,000	16,413,000	5,118,000	17,197,000	16,448,000	23,550,000	20,131,000	19,469,000	18,554,000	16,415,000	16,022,000	13,966,000	12,955,000	14,540,000	14,145,000	12,085,000	6,827,000	7,747,000	8,359,000	8,207,000	7,747,000	7,999,000	7,940,000	7,309,000	8,473,000	7,770,000	7,796,000	11,628,000	5,474,000	5,290,000	6,264,000	5,102,000	5,109,000	4,216,000	5,032,000	6,301,000	3,719,000	3,928,000	4,002,000	3,685,000	3,393,000	3,395,000	3,463,000	3,339,000	2,789,000	2,819,000	2,609,000	2,333,000	2,223,000	2,162,000	2,169,000	1,432,000	1,605,000	1,238,000	1,227,000	1,131,000	619,000
deferred income taxes	-2,515,000	275,000	-5,677,000	-678,000	13,884,000	-8,320,000	-2,053,000	-2,685,000	-10,954,000	-2,384,000	758,000	8,128,000	133,000	15,962,000	517,000	6,842,000	-4,640,000	6,866,000	-6,002,000	541,000	-13,235,000	3,834,000	-2,879,000	-6,208,000	-3,238,000	-1,379,000	-4,600,000	-6,476,000	-8,827,000	304,000	-1,289,000	-2,332,000	16,650,000	4,725,000	-53,297,000	155,000	-114,000	82,000	-100,000	233,000	-197,000	251,000			-2,292,000	0	0	11,000									0	8,211,000	-852,000	-691,000
loss on disposal of property and equipment	86,000	261,000			0	623,000	55,000	390,000	0	16,000	2,001,000	40,000	3,000	3,000	5,000	159,000	0	145,000	20,000	368,000					0	0	11,000	35,000					-33,000	286,000			318,000	0
gain on sale of investments
unrealized holding loss on investments									-2,152,000			-152,000	58,000			954,000
impairment of leased right-of-use assets	0	0			2,140,000	677,000	700,000	2,038,000					0	0			0	0	0	429,000	0	1,464,000	0	44,000
gain on settlement of pension
gain on extinguishment of lease liabilities					-1,000	-1,000	16,000	-569,000																	-7,557,000	0	0	-2,880,000
loss on foreign currency and other
excess tax (benefits) deficiencies on stock-based awards	-492,000				6,238,000	-1,469,000	-2,886,000	1,367,000											-2,822,000	-1,809,000
changes in operating assets and liabilities, net of effects of acquisitions:
accounts receivable	6,812,000	52,884,000	-6,893,000	-13,461,000	-37,534,000	37,010,000	41,290,000	44,389,000	-12,363,000	-2,398,000	33,098,000	-16,931,000	7,101,000	-41,007,000	-11,000,000	-5,969,000	-12,265,000	28,454,000	-47,800,000	-20,079,000	37,736,000	-63,569,000	3,362,000	5,615,000	5,930,000	280,000	3,022,000	-142,000	-867,000	25,016,000	6,979,000	-24,533,000	9,492,000	7,063,000	-13,496,000	-7,436,000	-815,000	-5,419,000	-3,300,000	1,359,000	-811,000	-205,000	8,319,000	-2,143,000	2,379,000	233,000	690,000	-1,320,000	-1,184,000	-1,019,000	164,000	-3,461,000	1,721,000	-1,331,000	-3,879,000	-648,000	-2,036,000	-63,000	-729,000	-4,546,000	1,490,000	3,813,000	-265,000	1,622,000
inventory	8,225,000	-298,000	-26,000	4,338,000	5,720,000	-1,325,000	1,387,000	3,783,000	15,034,000	11,210,000	23,433,000	10,959,000	5,426,000	-19,539,000	-7,390,000	-7,338,000	-4,249,000	-28,844,000	-6,254,000	5,658,000	-11,657,000	-17,349,000	-3,184,000	353,000	6,224,000	5,108,000	-122,000	-1,015,000	19,000	2,581,000	1,420,000	7,676,000	543,000	5,060,000	-2,289,000	-5,102,000	2,891,000	-454,000	4,425,000	2,984,000	3,667,000	1,581,000	-9,659,000	-1,991,000	-1,213,000	187,000	1,279,000	-1,010,000	-357,000	-320,000	-693,000	1,229,000	-945,000	-409,000	-1,771,000	1,316,000	1,146,000	-2,553,000	-1,439,000	2,189,000	-1,068,000	-2,116,000	-1,364,000	-27,000
prepaid expenses and other assets	-17,527,000	1,173,000	8,204,000	-3,724,000	6,742,000	-7,852,000	1,281,000	-2,044,000	887,000	-4,563,000	-1,314,000	-4,338,000	-2,168,000	2,129,000	-1,675,000	3,503,000	-9,301,000	39,000	3,588,000	29,860,000	-4,597,000	-35,131,000	-669,000	1,443,000	2,889,000	960,000	-648,000	604,000	1,905,000	712,000	2,213,000	1,003,000	-424,000	-3,514,000	4,385,000	825,000	767,000
accounts payable, accrued expenses and other current liabilities	3,062,000	-44,687,000	24,952,000	4,189,000	11,472,000	-3,770,000	-21,546,000	9,275,000	-11,514,000	9,347,000	-26,378,000	-886,000	-16,574,000	19,768,000	29,669,000	32,952,000	-22,283,000	28,743,000	28,343,000	-22,032,000	-10,099,000	61,958,000	6,020,000	-785,000	2,692,000	-6,313,000	2,961,000	1,921,000	648,000	-10,606,000	11,540,000	-421,000	-2,494,000	-14,986,000	7,610,000	7,952,000	752,000	-2,470,000	1,887,000	3,080,000	-12,958,000	-9,247,000	-2,530,000	2,832,000	17,000	-1,086,000	562,000	590,000	22,000	-685,000	3,749,000	-3,713,000
accrued compensation	7,866,000	15,047,000	3,132,000	8,717,000	-2,092,000	159,000	-5,855,000	8,707,000	932,000	4,914,000	-3,348,000	7,210,000	9,816,000	10,832,000	9,118,000	12,237,000	9,746,000	8,616,000	13,857,000	1,376,000	9,485,000	15,364,000	4,396,000	3,361,000	607,000	730,000	-209,000	893,000	2,387,000	2,671,000	1,401,000	2,502,000	1,351,000	1,498,000	-1,664,000	382,000	2,252,000	-183,000	309,000	3,231,000	475,000	3,342,000	-371,000	1,874,000	241,000	1,461,000	170,000	2,039,000	586,000	2,800,000	-76,000	2,277,000	1,018,000	1,727,000	598,000	1,567,000	-674,000	612,000	-445,000	456,000	-249,000	816,000	571,000	-714,000
accrued price protection liability	-7,346,000	-5,681,000	-8,163,000	4,282,000	-1,071,000	-17,158,000	-3,603,000	-6,451,000	3,474,000	-11,995,000	-23,164,000	-9,877,000	-3,394,000	6,171,000	42,822,000	27,975,000	-8,956,000	-5,319,000	-344,000	7,299,000	29,280,000	12,108,000	-2,132,000	-4,537,000	-1,097,000	2,291,000	-7,649,000	2,489,000	2,036,000	-5,662,000	-132,000	-1,359,000	-6,658,000	3,606,000	2,676,000	6,771,000	-1,936,000	-1,158,000	-173,000	-1,583,000	322,000	3,925,000	-372,000	2,647,000	-6,467,000	973,000	1,132,000	-637,000	2,520,000	1,820,000	889,000	1,908,000
lease liabilities	-2,792,000	-2,928,000	-2,960,000	-2,817,000	-2,889,000	-2,761,000	-2,540,000	-2,505,000	-2,780,000	-2,882,000	-2,914,000	-3,095,000	-2,955,000	-2,974,000	-2,210,000	-3,301,000	-2,835,000	-2,723,000	-2,345,000	-2,002,000	-2,111,000	-1,566,000	-1,279,000	-1,430,000	-1,655,000	-2,183,000	-2,179,000	-2,125,000
other long-term liabilities	-1,574,000	47,000	-2,092,000	160,000	-1,458,000	6,098,000	-902,000	-881,000	5,477,000	-2,669,000	-965,000	3,077,000	-2,690,000	-1,514,000	1,125,000	-2,918,000	3,252,000	-48,000	4,043,000	454,000	6,787,000	-7,459,000	-816,000	-446,000	-613,000	749,000	-11,000	-519,000	-227,000	-275,000	913,000	-792,000	-1,159,000	144,000	-3,768,000	-320,000	608,000	-5,000	18,000	-785,000	887,000	-513,000	90,000	159,000	-120,000	102,000	224,000	56,000	180,000	79,000	75,000	39,000	113,000	7,000	184,000	-363,000	-123,000	-369,000
net cash from operating activities	10,406,000	10,124,000	10,489,000	-11,400,000	-27,838,000	-30,731,000	-2,696,000	15,970,000	-16,573,000	-12,792,000	30,578,000	42,159,000	69,357,000	61,766,000	123,437,000	134,166,000	16,033,000	84,077,000	27,851,000	40,272,000	74,269,000	-16,584,000	9,260,000	6,648,000	28,107,000	21,752,000	12,444,000	16,045,000	24,173,000	30,721,000	35,824,000	11,971,000	21,743,000	37,739,000	-7,090,000	22,672,000	27,603,000	18,415,000	32,345,000	38,954,000	24,558,000	22,081,000	4,634,000	3,768,000	-5,768,000	6,361,000	7,550,000	4,091,000	2,823,000	3,061,000	6,205,000	801,000	1,362,000	6,307,000	955,000	-1,080,000	-1,937,000	-2,714,000	-364,000	-2,094,000	-3,465,000	7,624,000	-1,469,000	2,148,000
capital expenditures	-3,708,000	-5,729,000	-1,172,000	-1,989,000	-2,193,000	-4,132,000	-3,013,000	-8,342,000	-1,274,000	-1,927,000	-5,037,000	-5,216,000	-16,628,000	-9,119,000	-10,706,000	-4,800,000	-12,242,000	-9,624,000	-11,158,000	-6,152,000	-2,355,000	-5,196,000	-3,901,000	-1,035,000	-2,989,000	-1,219,000	-524,000	-2,155,000	-1,412,000	-1,609,000	-2,423,000	-2,381,000	-3,070,000	-2,500,000	-1,155,000	-743,000	-1,684,000	-2,118,000	-1,488,000	-3,057,000	-1,328,000	-45,000	-437,000	-937,000	-330,000	-4,731,000	-3,454,000	564,000	-719,000	-1,044,000	-1,280,000	-542,000	-2,029,000	-1,400,000	0	-848,000	0	0	-1,078,000	-664,000	-860,000	-919,000	-529,000	-652,000
free cash flows	6,698,000	4,395,000	9,317,000	-13,389,000	-30,031,000	-34,863,000	-5,709,000	7,628,000	-17,847,000	-14,719,000	25,541,000	36,943,000	52,729,000	52,647,000	112,731,000	129,366,000	3,791,000	74,453,000	16,693,000	34,120,000	71,914,000	-21,780,000	5,359,000	5,613,000	25,118,000	20,533,000	11,920,000	13,890,000	22,761,000	29,112,000	33,401,000	9,590,000	18,673,000	35,239,000	-8,245,000	21,929,000	25,919,000	16,297,000	30,857,000	35,897,000	23,230,000	22,036,000	4,197,000	2,831,000	-6,098,000	1,630,000	4,096,000	4,655,000	2,104,000	2,017,000	4,925,000	259,000	-667,000	4,907,000	955,000	-1,928,000	-1,937,000	-2,714,000	-1,442,000	-2,758,000	-4,325,000	6,705,000	-1,998,000	1,496,000
investing activities
purchases of property and equipment	-3,708,000	-5,729,000	-1,172,000	-1,989,000	-2,193,000	-4,132,000	-3,013,000	-8,342,000	-1,274,000	-1,927,000	-5,037,000	-5,216,000	-16,628,000	-9,119,000	-10,706,000	-4,800,000	-12,242,000	-9,624,000	-11,158,000	-6,152,000	-2,355,000	-5,196,000	-3,901,000	-1,035,000	-2,989,000	-1,219,000	-524,000	-2,155,000	-1,412,000	-1,609,000	-2,423,000	-2,381,000	-3,070,000	-2,500,000	-1,155,000	-743,000	-1,684,000	-2,118,000	-1,488,000	-3,222,000	-1,516,000	-20,000	-436,000	-1,024,000	-1,033,000	-3,126,000	-3,196,000	-1,445,000	-529,000	-811,000	-1,280,000	-542,000	-2,029,000	-1,400,000
purchases of intangible assets	22,000	-1,012,000			-805,000	-1,818,000	-2,775,000	-368,000	-157,000	-674,000	-4,894,000	-630,000	-744,000	-5,236,000	-567,000	-4,637,000	-965,000	-5,504,000	0	-1,112,000													0	-53,000	-5,205,000	-120,000	0	0			0								0	-300,000				-195,000
cash from acquisition, net of cash acquired																																					0	-80,000,000			0	0
sale of trading securities
net cash from investing activities	-3,686,000	-6,741,000	-7,379,000	-1,989,000	-2,998,000	-5,950,000	-5,788,000	-8,710,000	14,827,000	-2,601,000	-12,650,000	-15,511,000	-17,372,000	-15,355,000	-16,273,000	-42,762,000	-18,207,000	-22,628,000	-38,658,000	-12,264,000	-4,766,000	-165,571,000	-3,914,000	-1,035,000	-2,989,000	-1,305,000	-524,000	-2,155,000	-1,412,000	-1,609,000	-2,423,000	-2,381,000	-3,040,000	-2,553,000	-415,903,000	-10,655,000	-1,543,000	-107,404,000	38,329,000	-30,695,000	-17,692,000	-21,432,000	29,052,000	-987,000	-9,137,000	-2,919,000	-3,461,000	-1,949,000	-4,149,000	-1,294,000	1,320,000	-5,414,000	-4,306,000	16,545,000	-13,247,000	-3,183,000	-14,603,000	24,042,000	-11,880,000	13,259,000	2,199,000	-4,158,000	-49,637,000	-26,779,000
financing activities
payment of debt issuance cost																	-29,000	-17,000			0
net proceeds from issuance of common stock	1,391,000	27,000			2,512,000	0			1,391,000	92,000	3,073,000	3,000	1,792,000	81,000	3,046,000	87,000	2,494,000	192,000	4,796,000	1,298,000	2,798,000	628,000	4,154,000	488,000	2,382,000	288,000	3,305,000	2,628,000	2,732,000	91,000	3,036,000	980,000	2,960,000	1,074,000	7,657,000	361,000	2,199,000	165,000	2,558,000	1,727,000	3,604,000	2,891,000	3,207,000	248,000	1,720,000	25,000	1,510,000	49,000	1,401,000	133,000	1,090,000	23,000		507,000	1,008,000	55,000
minimum tax withholding paid on behalf of employees for restricted stock units	-4,000	-12,000	-71,000	-2,130,000	-1,091,000	-58,000	447,000	-2,103,000	-220,000	-3,232,000	-2,965,000	-6,173,000	-369,000	-380,000	-3,698,000	-24,449,000	-2,068,000	-976,000	-2,663,000	-7,442,000	-643,000	-1,393,000	-1,024,000	-475,000	-820,000	-1,339,000	-5,408,000	-4,419,000	-2,606,000	-1,178,000	-1,448,000	-2,391,000	-1,718,000	-1,426,000	-3,496,000	-4,903,000	-1,132,000	-2,591,000	-2,501,000	-1,092,000	-613,000	-1,367,000	-2,896,000	-265,000	-169,000	-653,000	-2,852,000	-136,000	-129,000	-123,000	-1,075,000	-48,000
repurchase of common stock													0	0	-5,214,000	-26,297,000	-15,403,000	-1,008,000	-4,464,000	-2,673,000
net cash from financing activities	-18,613,000	15,000	2,079,000	-2,140,000	1,421,000	-58,000	2,026,000	-2,103,000	1,171,000	-21,465,000	108,000	-6,170,000	-48,577,000	-75,299,000	-45,866,000	-70,659,000	-35,006,000	-21,809,000	-6,271,000	-28,817,000	-15,033,000	171,539,000	3,130,000	13,000	1,562,000	-21,051,000	-17,103,000	-16,791,000	-14,874,000	-36,087,000	-16,412,000	-26,411,000	-18,758,000	-50,352,000	421,007,000	-4,876,000	1,067,000	-2,426,000	57,000	632,000	2,991,000	1,524,000	202,000	-714,000	1,551,000	-628,000	-1,342,000	-87,000	1,272,000	10,000	14,000	-26,000	-1,881,000	-8,730,000	1,003,000	31,000	1,036,000	257,000	1,024,000	416,000	1,530,000	44,000	11,000	75,585,000
effect of exchange rate changes on cash and cash equivalents	42,000	-388,000	999,000	-9,000	-474,000	94,000	-335,000	-583,000	779,000	-633,000	-1,229,000	1,000	2,456,000	-1,038,000	-1,132,000	-230,000	-1,636,000	-520,000	-681,000	-32,000	-1,178,000	-71,000	513,000	-303,000	-87,000	90,000	354,000	577,000	-1,939,000	103,000	793,000	-258,000	371,000	-829,000	839,000	1,201,000	-307,000	-91,000	11,000	-7,000	-50,000	-755,000	74,000	6,000	-5,000	-7,000	1,000	-5,000	4,000	5,000	5,000	3,000	1,000	0	5,000	2,000	9,000	2,000	7,000	3,000
increase in cash, cash equivalents and restricted cash				-15,538,000			-6,793,000	4,574,000	204,000	-37,491,000	16,807,000	20,479,000	5,864,000	-29,926,000	60,166,000	20,515,000	-38,816,000	39,120,000	-17,759,000	-841,000	53,292,000	-10,687,000	8,989,000	5,323,000							17,782,000	-17,079,000			-1,147,000	8,342,000
cash, cash equivalents and restricted cash at beginning of period	0	0	0	119,603,000	0	0	0	188,356,000	0	0	0	188,357,000	0	0	0	131,738,000	0	0	0	150,034,000	0	0	0	93,117,000	0	0	0	74,191,000	0	0	0	74,412,000	0	0	0	82,896,000
cash, cash equivalents and restricted cash at end of period	-11,851,000	3,010,000	6,188,000	104,065,000	-29,889,000	-36,645,000	-6,793,000	192,930,000	204,000	-37,491,000	16,807,000	208,836,000	5,864,000	-29,926,000	60,166,000	152,253,000	-38,816,000	39,120,000	-17,759,000	149,193,000	53,292,000	-10,687,000	8,989,000	98,440,000	26,593,000	-514,000	-4,829,000	71,867,000	5,948,000	-6,872,000	17,782,000	57,333,000	316,000	-15,995,000	-1,147,000	91,238,000
supplemental disclosures of cash flow information:
cash paid for interest	2,083,000	2,193,000	2,177,000	2,145,000	2,299,000	2,492,000	2,474,000	2,478,000	2,503,000	2,475,000	2,340,000	2,163,000	2,161,000	2,640,000	2,224,000	2,053,000	2,236,000	2,396,000	3,093,000	3,309,000	4,015,000	3,068,000	1,753,000	2,246,000	2,358,000	2,717,000	3,085,000	3,099,000	3,241,000	3,571,000	3,599,000	3,546,000	3,622,000	3,944,000																							1,000	2,000	2,000	4,000	7,000	6,000	7,000	9,000
cash paid for income taxes	1,428,000	1,370,000	1,766,000	1,228,000	-1,276,000	6,049,000	2,057,000	1,364,000	3,309,000	10,552,000	11,448,000	3,336,000	9,753,000	4,606,000	7,772,000	1,698,000	945,000	1,223,000	1,078,000	593,000	819,000	783,000	663,000	557,000	1,357,000	843,000	1,345,000	872,000	933,000	3,400,000	890,000	203,000	517,000	4,466,000	4,031,000	421,000	100,000	220,000	1,233,000	30,000			-48,000	55,000	54,000	58,000	58,000	17,000
cash received for dividend income on investments
supplemental disclosures of non-cash activities:
issuance of shares for payment of bonuses	206,000	552,000	146,000	5,017,000	0	0	112,000	10,880,000	300,000	123,000	129,000	38,096,000	211,000	242,000	176,000	38,197,000	427,000	680,000	164,000	22,710,000	401,000	258,000	0	2,599,000	83,000	143,000	0	7,406,000
impairment of intangible assets
loss on foreign currency		211,000	4,277,000	1,184,000		2,339,000			2,335,000	-13,000	-209,000	362,000	1,416,000	-570,000	-2,359,000	-316,000	250,000	-24,000	387,000	21,000		601,000	20,000	-246,000	430,000	-183,000	-54,000	567,000	-268,000	-184,000	-828,000	471,000	738,000	733,000	898,000	-216,000				124,000
changes in operating assets and liabilities:
decrease in cash, cash equivalents and restricted cash		3,010,000																										-2,324,000
excess tax benefits on stock-based awards									276,000	769,000	-791,000	-507,000	-219,000	-273,000	-2,309,000	-7,120,000	-2,046,000				-147,000	-152,000			-192,000	-61,000	-2,074,000	-1,737,000	-820,000	-93,000	-318,000	-797,000	-1,961,000	-3,308,000	-2,376,000	-914,000	-2,249,000
(adjustments to) impairment of leased right-of-use assets				-22,000
excess tax deficiencies on stock-based awards				1,575,000
net proceeds from issuance of common stock, net of costs				-10,000
net income							-39,266,000	-72,309,000	-38,500,000	-39,829,000	-4,351,000	9,533,000	31,080,000	28,408,000	31,966,000	33,586,000	28,176,000	9,258,000	733,000	3,802,000								-4,851,000	311,000	-13,935,000	-14,422,000	1,847,000	-19,448,000	-9,167,000	10,965,000	8,463,000	8,348,000	9,679,000	24,149,000	19,116,000					-2,362,000	-3,205,000	-612,000	-862,000	-2,647,000	-4,882,000	-2,904,000	-2,300,000			-2,559,000	-6,562,000	-4,692,000	-11,388,000	-4,796,000	-1,148,000	5,662,000	1,352,000	1,766,000	1,334,000
adjustments to reconcile net income to cash from operating activities:
proceeds loaned under notes receivable													0	0	0	-10,000,000
purchases of long-term investments																	0	0	0	-5,000,000
repayment of debt													-50,000,000	-75,000,000	-40,000,000	-20,000,000	-20,000,000	-20,000,000	-349,813,000	-20,000,000					0	-20,000,000	-15,000,000	-15,000,000	-15,000,000	-35,000,000	-18,000,000	-25,000,000	-20,000,000
payment of debt commitment fees
unrealized holding gain on investments
loss on settlement of pension									0
gain on foreign currency								-968,000
cash from acquisitions, net of cash acquired									-940,000	0	-2,719,000	-9,665,000					-5,000,000	-7,500,000			0													0
impairment of leasehold improvements																	0	0	0	226,000	0	156,000	0	163,000	0	0	0	1,442,000		0
loss on extinguishment of debt																	0	0
leased right-of-use assets																	0	0	36,000	36,000	36,000	79,000	-314,000	640,000	109,000	1,309,000	981,000	645,000
proceeds from the issuance of debt																	0	0
purchases of investments														-1,000,000	-5,000,000	-23,325,000
inventory fair value adjustments
common stock issued in acquisitions, at fair value
deferred payments of purchase price for acquisitions, at fair value
amortization of debt issuance costs and accretion of discount on debt and leases																				844,000	815,000	579,000	397,000	410,000	404,000	380,000	391,000	402,000
changes in operating assets and liabilities, net of acquisitions:
deferred revenue and deferred profit																													0	0	0	-138,000	-12,862,000	3,907,000	7,633,000	-307,000	697,000	-504,000	-725,000	2,457,000	-72,000	3,000	502,000	21,000	-1,273,000	2,256,000	-551,000	529,000	-396,000	451,000	-341,000	648,000	-52,000	116,000	-289,000	-1,515,000	1,532,000	-1,331,000	-676,000	-818,000	-5,208,000	3,312,000	-2,452,000	-180,000
net proceeds from the issuance of debt																																	0	0
supplemental disclosures of non-cash investing and financing activities:
amortization of inventory step-up																																	9,715,000	10,207,000			2,652,000	2,653,000			0	958,000
purchase of intangibles																						-375,000
excess tax deficiencies (benefits) on stock-based awards																								94,000
provision for losses on accounts receivable																																	0	46,000	0	87,000	0
accretion of investment premiums
loss on sale of available-for-sale securities																																	0	0
proceeds from sale of property and equipment
purchases of available-for-sale securities																																	0	0	0	-30,577,000	-10,044,000	-32,986,000	-9,504,000	-37,773,000	-27,697,000	-25,712,000	-3,815,000	-16,153,000	-20,245,000	-6,693,000	-11,065,000	-18,699,000	-13,820,000	-9,683,000	-14,945,000	-32,172,000	-21,528,000	-8,909,000	-25,070,000	-32,390,000	-40,402,000	-12,120,000	-30,205,000	-28,642,000	-34,468,000	-2,717,000	-48,970,000	-25,652,000
maturities of available-for-sale securities																																	0	0	63,761,000	20,785,000	10,185,000	7,700,000	70,711,000	10,300,000	11,521,000	4,400,000	36,918,000	16,190,000	21,277,000	6,900,000	10,800,000	18,195,000	10,200,000	9,500,000	18,200,000	27,300,000	19,251,000	27,049,000	12,601,000	30,250,000	26,775,000	36,607,000	19,403,000	42,565,000
repurchases of common stock																																	0	0	0	-334,000	0	0	0	-3,000	0	0											-2,840,000
issuance of restricted stock units to physpeed continuing employees																																	0	0	-43,000	861,000	483,000	0
impairment of long-lived assets																										0	0	2,182,000													0				21,000				2,000	34,000
amortization of investment premiums (discount)																																		0
amortization of debt issuance costs and discount																													287,000	287,000	287,000	287,000
change in fair value of contingent consideration																																					11,000	99,000	24,000	86,000
impairment of lease and leasehold improvements
issuance of accrued share-based bonus plan																													0	0	0	6,997,000	0	0	0	3,314,000	0	3,997,000			0	2,737,000			0	31,000
lease incentive for leasehold improvements
accretion of investment discount
gain on disposal of property and equipment																																				-88,000
amortization of investment premiums																																				47,000	74,000	12,000	-66,000	149,000	293,000	57,000	55,000	149,000	146,000	168,000	200,000	210,000	233,000	260,000	258,000	223,000	251,000	257,000	301,000	249,000	285,000				445,000	461,000
impairment of ipr&d assets																																	0				0
amortization of debt issuance costs																																	287,000	301,000
impairment of lease																																									2,002,000	568,000
equity issuance costs																																									0	0
gain on sale of available-for-sale securities																																																									0
increase in cash and cash equivalents																																					26,820,000	-91,506,000	70,742,000	8,884,000	9,807,000	1,418,000	33,962,000	2,073,000	-13,359,000	2,807,000	2,748,000	2,050,000	-50,000	1,782,000			-4,824,000	14,122,000	-11,284,000	-4,230,000	-15,495,000	21,587,000	-11,213,000	11,584,000	273,000	3,510,000	-51,095,000	50,954,000
cash and cash equivalents at beginning of period																																					0	0	0	67,956,000	0	0	0	20,696,000		0	0	26,450,000		0	0	21,810,000		0	0	28,026,000		0	0	21,563,000		0	0	17,921,000
cash and cash equivalents at end of period																																					26,820,000	-91,506,000	70,742,000	76,840,000	9,807,000	1,418,000	33,962,000	22,769,000		2,807,000	2,748,000	28,500,000		1,782,000	7,544,000	17,174,000		14,122,000	-11,284,000	23,796,000		21,587,000	-11,213,000	33,147,000		3,510,000	-51,095,000	68,875,000
provision for inventory reserves																																						0	-29,000	38,000
excess tax benefits on stock based awards
prepaid and other assets																																							1,611,000	-2,416,000	3,795,000	-2,684,000	3,800,000	-416,000	-350,000	-60,000	-300,000	-42,000	-164,000	186,000	-447,000	117,000	-99,000	207,000	-465,000	228,000	-28,000	231,000	-509,000	461,000		128,000	-1,035,000	-160,000
accrued purchases of property and equipment																																								165,000	188,000	-25,000	-1,000	87,000	703,000	-1,605,000	-258,000	2,009,000	-190,000	-233,000
payments on capital leases																																																	0	0	-1,000	-1,000	-2,000	-1,000	-5,000	-24,000	-24,000	-22,000	-11,000	-25,000	-30,000	-32,000	-31,000	-30,000
deferred issuance costs																																												-697,000
cash from acquisition
cash and cash equivalents at beginning of year
cash and cash equivalents at end of year
supplemental disclosures of non cash investing and financing information:
accrued purchases of intangible assets
supplemental disclosures of non cash activities:
amounts due to related party																																																									0	0	0	-1,746,000	-562,000	-663,000	1,383,000	-920,000
issuance of accrued 2012 share-based bonus plan																																																	0	0
write down of long-lived assets																																																				64,000	113,000	0	2,000	69,000
decrease in cash and cash equivalents																																																				-4,636,000
accounts payable and accrued expenses																																																					-4,988,000	1,814,000	5,669,000	1,486,000	-495,000	592,000	5,512,000	1,159,000	1,229,000	-1,282,000	-2,084,000	200,000
purchases of intangibles																																																													-140,000	-522,000	-138,000	-475,000
proceeds from issuance of common stock																																																									1,060,000	279,000	1,035,000	441,000
proceeds from initial public offering, net of costs																																																													0	0	0	75,550,000
accrued purchase of property and equipment
purchase of property and equipment																																																								-848,000			-1,078,000	-664,000	-860,000	-919,000	-529,000	-652,000
purchase of intangible assets																																																								-195,000
unrealized gain on available-for-sale securities																																																									16,000	-51,000	-20,000	35,000	-23,000
write down of property and equipment																																																										28,000	0	1,000	3,000	0
cash paid for taxes
supplemental disclosures of non-cash investing and financing information:
amortization of investments premiums																																																											284,000	317,000
deferred rent																																																												-9,000	23,000	59,000	60,000	44,000
deferred income taxes, prepaid expenses and other assets
proceeds from issuance of common stock, net of repurchases
capital lease obligations entered into for equipment purchases
sales of available-for-sale securities
proceeds on exercise of common stock options, net of repurchases																																																														76,000	42,000	65,000
unrealized loss on available-for-sale securities																																																															-39,000	-13,000
accretion of investment (premiums) discounts																																																																1,000

MaxLinear, Inc(NASDAQ:MXL)

MaxLinear, Inc
(NASDAQ:MXL)