indie Semiconductor, Inc.
For the period ended Mar 31, 2026. Filed May 11, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 11, 2026
INDI$2.28+3.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(Amounts in thousands, except share and per share amounts)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Revenue: | ||
| Product revenue | $51,567 | $50,420 |
| Contract revenue | 3,890 | 3,657 |
| Total revenue | 55,457 | 54,077 |
| Operating expenses: | ||
| Cost of goods sold | 34,379 | 31,528 |
| Research and development | 38,528 | 42,115 |
| Selling, general, and administrative | 21,419 | 19,367 |
| Total operating expenses | 94,326 | 93,010 |
| Loss from operations | (38,869) | (38,933) |
| Other income (expense), net: | ||
| Interest income | 873 | 2,267 |
| Interest expense | (4,343) | (4,516) |
| Gain (loss) from change in fair value of contingent considerations and acquisition-related holdbacks | (1,085) | 4,803 |
| Loss from extinguishment of debt | (3,656) | — |
| Other expense | (361) | (736) |
| Total other income (expense), net | (8,572) | 1,818 |
| Net loss before income taxes | (47,441) | (37,115) |
| Income tax benefit (provision) | 319 | (56) |
| Net loss | (47,122) | (37,171) |
| Less: Net loss attributable to noncontrolling interest | (3,930) | (2,625) |
| Net loss attributable to indie Semiconductor, Inc. | $(43,192) | $(34,546) |
| Net loss attributable to common shares — basic | $(43,192) | $(34,546) |
| Net loss attributable to common shares — diluted | $(43,192) | $(34,546) |
| Net loss per share attributable to common shares — basic | $(0.21) | $(0.18) |
| Net loss per share attributable to common shares — diluted | $(0.21) | $(0.18) |
| Weighted average common shares outstanding — basic | 207,026,562 | 191,463,848 |
| Weighted average common shares outstanding — diluted | 207,026,562 | 191,463,848 |
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