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Segment Information
3 Months Ended
Apr. 05, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company has one operating segment, mixed-signal analog intensive products, consisting of numerous product areas. The Company’s chief operating decision maker (“CODM”) assesses performance for the operating segment and decides how to allocate resources based on net income (loss) that is also reported on the Condensed Consolidated Statement of Operations as Net loss. The measure of segment assets is reported on the Condensed Consolidated Balance Sheets as Total assets.
Revenue is attributed to a geographic area based on the shipped-to location. The following summarizes the Company’s revenue by geographic area (in thousands):
Three Months Ended
April 5,
2025
March 30,
2024
United States$16,684 $4,944 
China58,769 28,197 
Taiwan29,832 15,366 
Rest of world72,429 57,868 
Total$177,714 $106,375 
The significant expense categories regularly provided to the CODM, in addition to the expense categories included within net loss presented on the Company’s Condensed Consolidated Statement of Operations, are as follows (in thousands):
Three Months Ended
April 5,
2025
March 30,
2024
Research and development:
Employee base compensation$32,972 $29,370 
Other research and development expenses (1)
55,247 51,280 
Total research and development$88,219 $80,650 
Selling, general and administrative:
Employee base compensation$14,107 $12,507 
Other selling, general and administrative expenses (1)
27,531 21,046 
Total selling, general and administrative$41,638 $33,553 
(1) Other research and development and selling, general and administrative expenses include other personnel-related expenses, outside services, software expense, depreciation and amortization of intangible assets, and other expenses.
The following summarizes the Company’s property and equipment, net by geographic area (in thousands):
April 5,
2025
December 28,
2024
United States$106,468 $107,612 
Rest of world23,239 24,524 
Total$129,707 $132,136