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Intangible Assets
12 Months Ended
Dec. 28, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets . Intangible Assets

The components of our purchased intangible assets as of December 28, 2024 are as follows (in thousands):

 

 

Useful
Lives

 

December 28, 2024
Annual
Amortization

 

 

Gross
Carrying
Value

 

 

Accumulated
Amortization

 

 

Net
Carrying
Value

 

 

Useful Lives
Remaining

 

Customer relations

 

15 Years

 

$

30

 

 

$

340

 

 

$

291

 

 

$

49

 

 

2.93 Years

 

Developed technology

 

7 Years

 

 

270

 

 

 

1,899

 

 

 

814

 

 

 

1,086

 

 

4.16 Years

 

Trade names

 

9 Years

 

 

33

 

 

 

300

 

 

 

128

 

 

 

172

 

 

5.17 Years

 

 

 

 

 

$

333

 

 

$

2,539

 

 

$

1,233

 

 

$

1,307

 

 

 

 

 

The components of our purchased intangible assets as of December 30, 2023 are as follows (in thousands):

 

 

 

Useful
Lives

 

December 30, 2023
Annual
Amortization

 

 

Gross
Carrying
Value

 

 

Accumulated
Amortization

 

 

Net
Carrying
Value

 

 

Useful Lives
Remaining

Customer relations

 

15 Years

 

$

30

 

 

$

340

 

 

$

260

 

 

$

80

 

 

3.43 Years

Developed technology

 

7 Years

 

 

270

 

 

 

1,899

 

 

 

543

 

 

 

1,356

 

 

5.13 Years

Trade names

 

9 Years

 

 

33

 

 

 

300

 

 

 

94

 

 

 

206

 

 

6.17 Years

 

 

 

 

$

333

 

 

$

2,539

 

 

$

897

 

 

$

1,642

 

 

 

 

Aggregate amortization expense for fiscal years 2024 and 2023 were $0.3 million for each year. The amortization of developed technology was charged to research and development expense and the amortization of customer relations and trade names was charged to sales and marketing expense. We started amortization of in-process research and development in the fourth fiscal quarter of 2022, as it was related to the release of a new system.

Estimated future amortization expense for purchased intangible assets is as follows (in thousands):

 

Fiscal Year:

 

 

 

2025

 

 

323

 

2026

 

 

319

 

2027

 

 

319

 

2028

 

 

200

 

2029

 

 

146

 

Total

 

$

1,307