v3.26.1
Segment Information
6 Months Ended
Jul. 04, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company has one operating segment, mixed-signal analog intensive products, consisting of numerous product areas. The Company’s chief operating decision maker (“CODM”) is the Chief Executive Officer. The CODM assesses performance for the operating segment and decides how to allocate resources based on net income (loss) that is also reported on the Condensed Consolidated Statement of Operations as Net loss. The measure of segment assets is reported on the Condensed Consolidated Balance Sheets as Total assets.
Revenue is attributed to a geographic area based on the shipped-to location. The following summarizes the Company’s revenue by geographic area (in thousands):
Three Months EndedSix Months Ended
July 4,
2026
July 5,
2025
July 4,
2026
July 5,
2025
United States$26,065 $24,555 $44,021 $41,239 
China69,802 61,133 137,121 119,902 
Taiwan47,619 30,456 90,268 60,288 
Rest of world84,703 76,701 170,279 149,130 
Total$228,189 $192,845 $441,689 $370,559 
The significant expense categories regularly provided to the CODM, in addition to the expense categories included within net loss presented on the Company’s Condensed Consolidated Statement of Operations, are as follows (in thousands):
Three Months EndedSix Months Ended
July 4,
2026
July 5,
2025
July 4,
2026
July 5,
2025
Research and development:
Employee base compensation$32,974 $32,434 $65,291 $65,406 
Other research and development expenses (1)
62,042 55,387 118,319 110,634 
Total research and development$95,016 $87,821 $183,610 $176,040 
Selling, general and administrative:
Employee base compensation$14,069 $13,740 $27,844 $27,847 
Other selling, general and administrative expenses (1)
42,255 29,415 83,966 56,946 
Total selling, general and administrative$56,324 $43,155 $111,810 $84,793 
(1) Other research and development and selling, general and administrative expenses include other personnel-related expenses, outside services, software expense, depreciation, amortization, and other expenses.
The following summarizes the Company’s property and equipment, net by geographic area (in thousands):
July 4,
2026
January 3,
2026
United States$103,308 $106,706 
Rest of world27,594 21,937 
Total$130,902 $128,643