INCOME TAXES |
6 Months Ended |
|---|---|
Jun. 27, 2026 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAXES | 12. INCOME TAXES
The Company recorded an income tax benefit of $2.1 million in the three months ended June 27, 2026 as the result of the expiration of the statue of limitations of uncertain tax positions related to the Company’s Korean operations that were liquidated in fiscal year ended 2018. As of June 27, 2026, the Company has available for tax purposes U.S. federal net operating loss carryforwards (“NOLs”) of approximately $119.1 million expiring 2026 through 2038 and $136.3 million that have an unlimited carryover period. The Company has recognized a full valuation allowance on its domestic and certain foreign net deferred tax assets due to the uncertainty of the realization of such assets. The Company recognizes both accrued interest and penalties related to its uncertain tax positions related to intercompany loan interest and potential transfer pricing exposure related to its foreign subsidiaries.
|