v3.26.1
Leases
12 Months Ended
Dec. 27, 2025
Leases  
Leases

Note 4—Leases

We have operating and finance leases primarily associated with office and manufacturing facilities and certain equipment. The determination of which discount rate to use when measuring the lease obligation was deemed a significant judgment.

Lease cost and supplemental consolidated cash flow information related to operating and finance leases were as follows (in thousands):

  ​ ​ ​

2025

  ​ ​ ​

2024

Lease cost:

Operating lease cost

$

615

$

656

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from operating leases

$

695

$

717

Right-of-use assets obtained in exchange for lease obligations:

Operating leases

$

$

81

For each of the fiscal years 2025 and 2024, finance lease costs and cash flows from finance leases were immaterial.

Supplemental balance sheet information related to leases was as follows (in thousands):

2025

2024

Operating Leases

Operating lease right-of-use assets

$

541

$

1,101

Other current liabilities

$

619

$

640

Operating lease liabilities

23

641

Total operating lease liabilities

$

642

$

1,281

Finance Leases

Property and equipment, at cost

$

488

$

488

Accumulated depreciation

(380)

(302)

Property and equipment, net

$

108

$

186

Other current liabilities

$

3

$

4

Other liabilities

3

Total finance lease liabilities

$

3

$

7

The following table includes supplemental information:

2025

2024

Weighted Average Remaining Lease Term (in years)

Operating leases

1.0

2.0

Finance leases

0.6

1.6

Weighted Average Discount Rate

Operating leases

5.5%

5.7%

Finance leases

5.5%

5.5%

Maturities of lease liabilities as of December 27, 2025 were as follows (in thousands):

Operating

Finance

Fiscal Year

Leases

Leases

2026

$

639

$

3

2027

23

Total lease payments

662

3

Less: imputed interest

(20)

Total

$

642

$

3