Having said that, we have 20-odd proof of concepts going on, right? And the revenue we talk about somewhere between $10 to $20 million in 2025 is driven by enterprise storage today and some royalty software license revenues as well because we also have sort of a a paired offering using our superior algorithms for better compression storage in the traditional systems. And then we have these compute servers that are being - actually, they're being demonstrated, right? We had the Atlanta Supercomputer Conference where we demonstrated with QCT, which is a major compute server manufacturer. There they use storage compression. But the key point is why do they need it? it's not just about compression and security for reducing the amount of storage space. It's actually a very, very powerful enabling capability where we reduce the latency of compute by really having a very, very low latency storage with very, very high density compression. So what that does is when you think about AI-type applications, whether it is inside the data center or outside the data center, it becomes very critical not to have bottlenecks in the, whether it's a training or inference systems. So I think at this point, to be honest with you, our revenues are coming from enterprise, which is basically storage appliances and compute servers. However, we have a lot of strong traction after our reference platform announcement with AMD, a joint development platform, So we're getting a lot of traction in the other no

Apr 23, 2025 / receipt, needs a key / Kishore Seendripu, CEO | earnings call 2025-04-23 | transcript 42eff6bc-5604-4f7d-abf8-350ea8afa947 | chars 25449-26949 | segment 26

and stock-based compensation, amortization of certain acquired intangible assets, merger, acquisition and integration costs, if any, third-party sales commissions, field application engineering support, travel costs, professional and consulting fees, legal fees, depreciation expense and allocated occupancy costs.

filing / Jul 23, 2026 / receipt

The increase in payroll and benefits expenses is also due to increased headcount over the prior period. The decrease in professional fees of $1.9 million is attributable to lower legal fees related to ongoing litigation compared to the prior period.

filing / Jul 23, 2026 / receipt

Restructuring charges - 5 - 7 Total operating expenses 60 79 65 91 Loss from operations (2) (23) (7) (35) Interest income - 1 - 1 Interest expense (1) (2) (1) (2) Other income (expense), net - (4) - (3) Total other income (expense), net (1) (6) (1) (4) Loss before income taxes (4) (28) (8) (39) Income tax provision (benefit) (5) (4) 6 (2) Net income (loss) 1 % (24) % (14) % (37) % Net Revenue Th

filing / Jul 23, 2026 / receipt

Restructuring Charges Three Months Ended June 30, Six Months Ended June 30, 2026 2025 $ Change % Change 2026 2025 $ Change % Change (dollars in thousands) (dollars in thousands) Restructuring charges $ 64 $ 5,580 $ (5,516) (99) % $ 538 $ 13,459 $ (12,921) (96) % % of net revenue - % 5 % - % 7 % Restructuring charges decreased $5.5 million to $0.1 million for the three months ended June 30, 2026, compared

filing / Jul 23, 2026 / receipt

The increase in stock-based compensation and bonus expense is due to increased headcount and improved financial performance over the prior period.

filing / Jul 23, 2026 / receipt

Operating lease arrangements primarily consist of office leases expiring in various years through 2033. These leases have original terms of approximately 2 to 8 years and some contain options to extend the lease up to 5 years or terminate the lease, which are included in right-of-use assets and lease liabilities when the Company is reasonably certain it will renew the underlying leases.

filing / Jul 23, 2026 / receipt

and stock-based compensation, amortization of certain acquired intangible assets, merger, acquisition and integration costs, if any, third-party sales commissions, field application engineering support, travel costs, professional and consulting fees, legal fees, depreciation expense and allocated occupancy costs.

filing / Apr 23, 2026 / receipt

Restructuring Charges Three Months Ended March 31, 2026 2025 $ Change % Change (dollars in thousands) Restructuring charges $ 474 $ 7,879 $ (7,405) (94) % % of net revenue - % 8 % Restructuring charges decreased $7.4 million to $0.5 million for the three months ended March 31, 2026, compared to $7.9 million for the three months ended March 31, 2025.

filing / Apr 23, 2026 / receipt

Restructuring charges $ 474 $ 7,879 $ (7,405) (94) % % of net revenue - % 8 % Restructuring charges decreased $7.4 million to $0.5 million for the three months ended March 31, 2026, compared to $7.9 million for the three months ended March 31, 2025.

filing / Apr 23, 2026 / receipt

The increase in payroll and bonus expense is due to increased headcount and improved financial performance over the prior period.

filing / Apr 23, 2026 / receipt

Operating lease arrangements primarily consist of office leases expiring in various years through 2033. These leases have original terms of approximately 2 to 8 years and some contain options to extend the lease up to 5 years or terminate the lease, which are included in right-of-use assets and lease liabilities when the Company is reasonably certain it will renew the underlying leases.

filing / Apr 23, 2026 / receipt