v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 04, 2026
Jul. 05, 2025
Jul. 04, 2026
Jul. 05, 2025
Income Statement [Abstract]        
Revenues $ 228,189 $ 192,845 $ 441,689 $ 370,559
Cost of revenues 87,515 84,736 174,017 164,673
Gross profit 140,674 108,109 267,672 205,886
Operating expenses:        
Research and development 95,016 87,821 183,610 176,040
Selling, general and administrative 56,324 43,155 111,810 84,793
Operating expenses 151,340 130,976 295,420 260,833
Operating loss (10,666) (22,867) (27,748) (54,947)
Other income (expense):        
Interest income and other, net 2,489 3,833 6,115 7,626
Interest expense (251) (251) (483) (535)
Loss before income taxes (8,428) (19,285) (22,116) (47,856)
Provision for income taxes 2,164 2,532 4,373 4,431
Net loss $ (10,592) $ (21,817) $ (26,489) $ (52,287)
Loss per share:        
Basic (in dollars per share) $ (0.32) $ (0.67) $ (0.80) $ (1.61)
Diluted (in dollars per share) $ (0.32) $ (0.67) $ (0.80) $ (1.61)
Weighted-average common shares outstanding:        
Basic (in shares) 33,206 32,682 33,084 32,570
Diluted (in shares) 33,206 32,682 33,084 32,570