v3.26.1
Note 5 - Property and Equipment
 6 Months Ended
Jul. 04, 2026
Notes to Financial Statements  
Property, Plant, and Equipment [Text Block]

5.

Property and Equipment

 

Property and equipment are stated at cost, less accumulated depreciation and amortization, and are depreciated or amortized on the straight-line method at rates calculated to provide for retirement of assets at the end of their estimated useful lives. Computer hardware and software, and furniture and office equipment are typically depreciated over five years. Leasehold improvements are amortized over the shorter of the estimated life of the asset or the lease term.

 

Property and equipment comprise the following:

 

  

July 4,

2026

  

January 3,

2026

 

Computers and systems

 $9,690  $9,486 

Equipment and furniture

  456   440 

Leasehold improvements

  707   723 

Laboratory equipment

  219   221 
   11,072   10,870 
         

Less: accumulated depreciation and amortization

  4,717   3,605 
         

Property and equipment, net

 $6,355  $7,265 

 

The Company periodically writes off fully depreciated and amortized assets. The Company did not write off any fully depreciated and amortized assets during the twenty-six-week periods ended July 4, 2026, and June 28, 2025. Depreciation and amortization expense of property and equipment for the thirteen weeks ended July 4, 2026, and June 28, 2025, was $558 and $401, respectively. Depreciation and amortization expense of property and equipment for the twenty-six weeks ended July 4, 2026, and June 28, 2025, was $1,112 and $825, respectively.