v3.26.1
Prepayments, Deposits, and Other Current Assets
3 Months Ended
Apr. 03, 2026
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepayments, Deposits, and Other Current Assets

Note 4 — Prepayments, Deposits, and Other Current Assets

Prepayments, deposits, and other current assets consisted of the following (in thousands):

 

 

 

April 3, 2026

 

 

January 2, 2026

 

Prepayments and deposits

 

$

6,968

 

 

$

7,965

 

Prepaid insurance

 

 

2,575

 

 

 

3,269

 

Prepaid income taxes

 

 

785

 

 

 

1,917

 

Value added tax (VAT) receivable

 

 

4,522

 

 

 

4,242

 

BVG (Swiss Pension) prepayment

 

 

1,852

 

 

 

 

Other(1)

 

 

851

 

 

 

1,056

 

Total prepayments, deposits and other current assets

 

$

17,553

 

 

$

18,449

 

 

(1)
No individual category in “Other” exceeds 5% of the total prepayments, deposits and other current assets.