v3.25.2
Note 7 - Intangible Assets
6 Months Ended
Jun. 29, 2025
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

Note 7 Intangible Assets

 

In the fiscal year ended December 29, 2024, the Company capitalized $385 thousand in litigation costs related to the Company's successful defense of its patents in a lawsuit. The following table provides the details of the carrying value of the related intangible asset as of June 29, 2025 (in thousands): 

  

June 29, 2025

 
  

Remaining Useful Life

  

Gross Carrying Amount

  

Accumulated Amortization

  

Net Carrying Amount

 

Capitalized patent litigation costs

  8.50  $418  $(59) $359 

Total intangible assets related to patents

     $418  $(59) $359 

 

The following table provides the details of future annual amortization of intangible assets related to our patents, based upon the current useful lives at  June 29, 2025 (in thousands):

  

Amount

 

Annual Fiscal Years

    

2025 (remaining period)

 $20 

2026

  39 

2027

  39 

2028

  39 

2029

  39 

Thereafter

  183 

Total

 $359