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Intangible Assets
12 Months Ended
Sep. 28, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
In connection with an asset acquisition in July 2024, the Company acquired developed technology intangible assets of $3.9 million. The developed technology intangible assets acquired will be amortized over a useful life of 3 years on a straight-line basis.
The estimated weighted average useful life of the identified intangible assets are as follows:
 
 Estimated Weighted
Average Useful Life
Customer relationships10 years
Developed technology3 years
Trademarks3 years
Acquired intangible assets that are subject to amortization consisted of the following as of September 28, 2024 and September 30, 2023 (in thousands):
 Year Ended
 September 28, 2024September 30, 2023
 Intangibles,
gross
Accumulated
amortization
Intangibles,
net
Intangibles,
gross
Accumulated
amortization
Intangibles,
net
Customer relationships$4,338 $(4,338)$— $4,338 $(4,121)$217 
Developed technology3,918 (254)3,664 — — — 
Trademarks729 (729)— 729 (729)— 
Intangible assets$8,985 $(5,321)$3,664 $5,067 $(4,850)$217 
Amortization expense was $0.5 million for the year ended September 28, 2024, $0.4 million for the year ended September 30, 2023, and $0.5 million for the year ended September 24, 2022.
The following table presents the estimated future annual pre-tax amortization expense of definite-lived intangible assets as of the date indicated (in thousands):
 
 Total
Fiscal year 2025$1,304 
Fiscal year 20261,304 
Fiscal year 2027 and thereafter1,056 
Total$3,664