Related Party - Topcon |
6 Months Ended |
|---|---|
Jul. 04, 2026 | |
| Related Party Transactions [Abstract] | |
| Related Party - Topcon | 4. Related Party - Topcon As of July 4, 2026, Topcon holds a 9.3% voting interest in the Company. It currently does not have significant influence over the Company’s operations. Topcon resells certain of our products as our exclusive distributor in certain international regions. At the same time, the Company also purchases certain raw materials from Topcon. During the three and six months ended July 4, 2026, the Company’s revenues related to Topcon amounted to approximately $4.2 million and $7.4 million, respectively, including $0.3 million and $0.7 million, respectively, in recognized exclusive distribution rights revenue. During the three and six months ended June 28, 2025, the Company’s revenues related to Topcon amounted to approximately $4.5 million and $8.1 million, respectively, including $0.3 million and $0.7 million, respectively, in recognized exclusive distribution rights revenue. The Company’s purchases from Topcon during the three and six months ended July 4, 2026 amounted to approximately $0.3 million and $0.6 million, respectively. The Company’s purchases from Topcon during the three and six months ended June 28, 2025 amounted to approximately $0 and $0.3 million, respectively. As of July 4, 2026, the amounts receivable from and payable to Topcon were $1.4 million and $0.2 million, respectively. As of January 3, 2026, the amounts receivable from and payable to Topcon were $1.9 million and $0.1 million, respectively. |