Note 5 - Balance Sheet Components

6 Months Ended

Jun. 28, 2026

Supplemental Balance Sheet Disclosures [Text Block]

Note 5 — Balance Sheet Components

The following table provides details relating to certain balance sheet line items as of June 28, 2026, and December 28, 2025 (in thousands):

	*June 28,*			*December 28,*
	*2026*			*2025*
Inventories, net - current:
Work-in-process	$	911		$	868
Finished goods		103			88
		1,014			956
Inventories, net - non-current:
Work-in-process		—			84
Finished goods		8			103
		8			187
	$	1,022		$	1,143
Prepaid expenses and other current assets:
Prepaid taxes	$	73		$	163
Deferred charges		415			348
Deferred cost of sales		1,243			217
Other prepaid taxes, royalties, and other prepaid expenses		272			478
Other		231			193
	$	2,234		$	1,399
Property and equipment, net:
Equipment	$	11,326		$	11,004
Software tools		3,783			3,661
Tooling		19,254			18,428
Software		1,776			1,776
Furniture and fixtures		54			54
Leasehold improvements		647			647
		36,840			35,570
Less: Accumulated depreciation and amortization		(19,406	)		(17,337	)
	$	17,434		$	18,233
Capitalized internal-use software, net:
Capitalized internal-use software	$	1,711		$	1,374
Less: Accumulated amortization		(384	)		(257	)
	$	1,327		$	1,117
Accrued liabilities:
Accrued compensation	$	828		$	1,459
Accrued employee benefits		93			79
Accrued payroll tax		57			35
Other		246			206
	$	1,224		$	1,779

The majority of the Company's deferred charges balances as of June 28, 2026 and December 28, 2025 relate primarily to the Company's software tools and related subscriptions. The Company amortizes its deferred charges over their estimated useful lives using the straight-line method.

As of June 28, 2026 and December 28, 2025, work-in-process inventories, net consist primarily of approximately $0.1 million of die wafers and approximately $0.8 million of tested, unmarked devices held for sale, which are completed upon customer orders, and open work orders.

The Company capitalized $0.6 million and $0.8 million in pre-production design and development costs as tooling to be utilized under its long-term professional services contracts for the three and six months ended June 28, 2026, respectively. $1.8 million and $4.1 million in pre-production design and development costs were capitalized as tooling to be utilized under its long-term professional services contracts for the three and six months ended June 29, 2025, respectively.

The Company recorded depreciation and amortization expense of $1.6 million and $3.1 million for the three and six months ended June 28, 2026, respectively, and $1.3 million and $2.6 million for the three and six months ended June 29, 2025, respectively. No interest was capitalized for any period presented.

Depreciation and amortization expense included approximately $67 thousand and $126 thousand of amortization expense related to capitalized internal-use software for the three and six months ended June 28, 2026, respectively and $39 thousand and $70 thousand for the three and six months ended June 29, 2025, respectively.