Note 9 - Leases |
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Lessee, Operating and Finance Leases [Text Block] |
Note 9 — Leases
The Company's principal research and development and corporate facilities are leased office buildings located in the United States. These lease facilities are classified as operating leases and have lease terms of to years. The Company maintains sales offices out of which it conducts sales and marketing activities in various countries outside of the United States which are rented under short-term leases. The Company has elected the practical expedient to apply to recognition requirements to short-term leases and recognizes rent payments on short-term leases on a straight-line basis over the lease term.
The following table provides the expenses from continuing operations related to operating leases (in thousands):
The following table provides the details of supplemental cash flow information (in thousands):
Non-cash ROU assets related to operating leases included in the operating cash flows for continuing operations for the six months ended June 29, 2025 and June 30, 2024 were $144 thousand and $131 thousand, respectively.
The following table provides the details of right-of-use assets and lease liabilities as of June 29, 2025 and December 29, 2024 (in thousands):
The following table provides the details of future lease payments for operating leases as of June 29, 2025 (in thousands):
The following table provides the details of lease terms and discount rates as of June 29, 2025 and December 29, 2024:
(1) The operating lease relates to the Company's headquarters in San Jose, CA. The lease term expires on June 14, 2027.
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