We expect operating expenses to be in a range of 220 million to 230 million, down from 261 million in 2025, or a 14% reduction. The anticipated decrease is primarily due to a reduction in litigation expenses, our prior restructuring actions, which resulted in reduced employee related costs in 2025 and a continued strong focus on expense management.

Mar 5, 2026 / receipt, needs a key / Brian McGee, CFO | earnings call 2026-03-05 | transcript 43a66fd5-4ba7-4917-88fd-22371ebb7202 | chars 14349-14699 | segment 14

In April 2026, we approved a restructuring plan (the Second Quarter 2026 Restructuring Plan) to reduce our global workforce by approximately 23% compared to our headcount as of March

filing / Aug 10, 2026 / receipt

In the second quarter of 2026, we began implementing the Second Quarter 2026 Restructuring Plan and recorded $2.2 million of severance charges.

filing / Aug 10, 2026 / receipt

support our progress toward achieving profitability on an annual basis due to timely and effective product launches, increases in camera unit volume, subscribers and related revenue, and continued operating expense control.

filing / Aug 10, 2026 / receipt

There can be no assurance that we will be able to generate the level of operating revenue or reduce operating expenses to levels to achieve profitability and generate cash, obtain waivers or amendments from the lenders related to financial covenants, source additional financing or ensure the availability of strategic alternatives on acceptable terms, if at all.

filing / Aug 10, 2026 / receipt

In connection with the Original Restructuring Plan and Updated Restructuring Plan, we reduced our global workforce by 25% compared to our headcount ending Q2 2024, and we recorded restructuring charges of $18.7 million, including $12.7 million related to severance and $6.0 million of project cancellation costs.

filing / May 11, 2026 / receipt

See Note 12 Restructuring charges, to the Notes to condensed consolidated financial statements. Other income (expense) Three months ended March 31, (dollars in thousands) 2026 2025 % Change Interest expense $ (4,118) $ (797) 417 % Other income (expense), net (17,612) 948 (1,958) Total other income (expense), net $ (21,730) $ 151 (14491) % Total other income (expense), net was an expense of $21.7 milli

filing / May 11, 2026 / receipt

hardware products will support our progress toward achieving profitability on an annual basis due to timely and effective product launches, increases in camera unit volume, subscribers and related revenue, and continued operating expense control.

filing / May 11, 2026 / receipt

There can be no assurance that we will be able to generate the level of operating revenue or reduce operating expenses to levels to achieve profitability and generate cash, obtain waivers or amendments from the lenders related to financial covenants, source additional financing or ensure the availability of strategic alternatives on acceptable terms, if at all.

filing / May 11, 2026 / receipt

Reduced operating expenses by $10 million, or 9% Y/Y

ir_statement / Sep 15, 2026 / receipt

Revenue: $370 million +/- $10 million

ir_statement / Sep 15, 2026 / receipt