The following tables provide details of selected balance sheet components:


Inventories:	As of
(in thousands)	July 3, 2026		December 31, 2025
Finished goods	$	42,300	$	32,430
Raw materials		18,626		8,452
Work-in-process		1,742		4,393
Service-related spares		3,805		2,565
Total	$	66,473	$	47,840


Prepaid expenses and other current assets:	As of
(in thousands)	July 3, 2026		December 31, 2025
Prepaid expenses	$	11,320	$	7,107
Contract assets		1,742		1,959
Other current assets (1)		15,886		3,464
Total	$	28,948	$	12,530

(1) Balances as of July 3, 2026 and December 31, 2025 each included restricted cash of $0.4 million. Balance as of July 3, 2026 also includes a $5.5 million receivable due from MediaKind for broadband customer payments collected by the Buyer on the Company's behalf under the transition services agreement and $6.0 million of recoverable value-added tax.


Property and equipment, net:	As of
(in thousands)	July 3, 2026		December 31, 2025
Machinery and equipment	$	65,420	$	76,971
Capitalized software		26,466		27,163
Leasehold improvements		24,790		25,336
Furniture and fixtures		2,385		2,569
Construction-in-progress		2,308		2,557
Property and equipment, gross		121,369		134,596
Less: accumulated depreciation and amortization		(97,891)		(108,948)
Total	$	23,478	$	25,648


Other current liabilities:	As of
(in thousands)	July 3, 2026		December 31, 2025
Accrued employee compensation and related expenses	$	14,335	$	13,560
Income tax payable		7,621		367
Accrued customer rebates		12,879		7,270
Accrued liabilities for excess and obsolete inventory		6,719		8,330
Other		26,408		18,761
Total	$	67,962	$	48,288