Inventory

9 Months Ended

Sep. 28, 2025

Inventory Disclosure [Abstract]

Inventory

Inventory

Inventory consists of the following components (in thousands).

	September 28, 2025		December 29, 2024
Raw materials	$	6,743	$	3,616
Work-in-process	7,183		2,989
Finished goods	1,298		1,059
Total inventory	$	15,224	$	7,664

Inventory is stated at the lower of cost or net realizable value (“NRV”) on a first-in and first-out basis. Inventory costs include direct materials, direct labor, and manufacturing overhead. When the estimated net realizable values are below the manufacturing costs, a charge to cost of revenue is recorded for finished goods and work in process inventories.

As of both September 28, 2025 and December 29, 2024, we had an immaterial amount of inventory reserve, including excess or obsolete inventory reserve.