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Note 8 - Intangible Assets
6 Months Ended
Jun. 28, 2025
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

Note 8 - Intangible Assets

 

In connection with our past acquisitions and purchases of certain intellectual property assets, we have recorded identifiable intangible assets. We also enter into license agreements for third-party technology and record them as intangible assets. These licenses are being amortized to Research and development expense over their estimated useful lives. On our Consolidated Balance Sheets at June 28, 2025 and December 28, 2024, Intangible assets, net are shown net of accumulated amortization of $164.6 million and $163.5 million, respectively.

 

We recorded amortization expense related to intangible assets on the Consolidated Statements of Operations as presented in the following table:

 

  

Three Months Ended

  

Six Months Ended

 
  

June 28,

  

June 29,

  

June 28,

  

June 29,

 

(In thousands)

 

2025

  

2024

  

2025

  

2024

 

Research and development

 $570  $247  $1,049  $513 

Amortization of acquired intangible assets

  13   869   13   1,739 
  $583  $1,116  $1,062  $2,252