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Intangible Assets
12 Months Ended
Jan. 01, 2022
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets

9. Intangible Assets

 

The components of our purchased intangible assets as of January 1, 2022 are as follows (in thousands):

 

 

 

Useful

Lives

 

FY 2021

Annual

Amortization

 

 

 

 

Gross

Carrying

Value

 

 

Accumulated

Amortization

 

 

Net

Carrying

Value

 

 

Useful Lives

Remaining

Customer relations

 

15 Years

 

$

28

 

 

 

 

$

340

 

 

$

200

 

 

$

140

 

 

5.08 Years

Developed technology

 

7 Years

 

 

107

 

 

 

 

 

900

 

 

 

107

 

 

 

793

 

 

6.17 Years

Trade names

 

9 Years

 

 

28

 

 

 

 

 

300

 

 

 

28

 

 

 

272

 

 

8.17 Years

In-process R&D

 

7 Years

 

 

 

 

 

 

 

1,000

 

 

 

 

 

 

1,000

 

 

Not applicable

Patents

 

Varies

 

 

 

 

 

 

 

600

 

 

 

600

 

 

 

 

 

Varies

 

 

 

 

$

163

 

 

 

 

$

3,140

 

 

$

935

 

 

$

2,205

 

 

 

 

 

The components of our purchased intangible assets as of January 2, 2021 are as follows (in thousands):

 

 

 

Useful

Lives

 

FY 2020

Annual

Amortization

 

 

Gross

Carrying

Value

 

 

Accumulated

Amortization

 

 

Net

Carrying

Value

 

 

Useful Lives

Remaining

Customer relations

 

15 Years

 

$

16

 

 

$

240

 

 

$

172

 

 

$

68

 

 

4.25 Years

Patents

 

Varies

 

 

 

 

 

600

 

 

 

600

 

 

 

 

 

Varies

 

 

 

 

$

16

 

 

$

840

 

 

$

772

 

 

$

68

 

 

 

 

Aggregate amortization expense for fiscal years 2021 and 2020 were $163 thousand and $16 thousand, respectively. The amortization of developed technology was charged to research and development expense and the customer relations and trade names were charged to sales and marketing expense.

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

 

Fiscal Year:

 

 

 

 

2022

 

$

192

 

2023

 

 

192

 

2024

 

 

192

 

2025

 

 

180

 

2026

 

 

176

 

Thereafter

 

 

273

 

Total

 

$

1,205