v3.26.1
Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2026
Jun. 29, 2025
Jun. 28, 2026
Jun. 29, 2025
Revenue $ 5,482 $ 3,687 $ 10,533 $ 8,012
Cost of revenue 3,075 2,733 6,284 5,181
Gross profit (loss) 2,407 954 4,249 2,831
Operating expenses:        
Research and development 1,556 1,193 3,068 2,461
Selling, general and administrative 2,552 1,962 4,989 4,498
Impairment charges 0 300 0 300
Restructuring costs 16 21 27 75
Total operating expenses 4,124 3,476 8,084 7,334
Operating income (loss) (1,717) (2,522) (3,835) (4,503)
Interest expense (71) (108) (125) (205)
Interest income and other income (expense), net (41) (30) (74) (37)
Gain on extinguishment of vendor payable 950 0 950 0
Income (loss) from continuing operations before income taxes (879) (2,660) (3,084) (4,745)
(Benefit from) provision for income taxes 3 1 0 6
Net income (loss) from continuing operations (882) (2,661) (3,084) (4,751)
Net income (loss) from discontinued operations, net of taxes (5) (9) (9) (110)
Net income (loss) $ (887) $ (2,670) $ (3,093) $ (4,861)
Net income (loss) from continuing operations per share:        
Basic (in dollars per share) [1] $ (0.05) $ (0.17) $ (0.17) $ (0.3)
Diluted (in dollars per share) [1] (0.05) (0.17) (0.17) (0.3)
Basic (in dollars per share) (0.05) (0.17) (0.17) (0.31)
Diluted (in dollars per share) $ (0.05) $ (0.17) $ (0.17) $ (0.31)
Weighted average shares outstanding:        
Basic (in shares) [1] 18,110 15,884 17,788 15,677
Diluted (in shares) [1] 18,110 15,884 17,788 15,677
[1] Note: Net income (loss) equals total comprehensive income (loss) for all years presented. Additionally, the Company notes that income taxes related to discontinued operations were immaterial in nature for the periods presented and as such, only net income (loss) from discontinued operations was reported in the consolidated statements of operations.