Note 5 - Property and Equipment

6 Months Ended

Jun. 29, 2024

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

5.    Property and Equipment

Property and equipment are stated at cost, less accumulated depreciation and amortization, and are depreciated or amortized on the straight-line method at rates calculated to provide for retirement of assets at the end of their estimated useful lives. Computer hardware and software, and furniture and office equipment are typically depreciated over five years. Leasehold improvements are amortized over the shorter of the estimated life of the asset or the lease term.

Property and equipment comprise the following:

	June 29, 2024		December 30, 2023
Computer hardware and software	$	6,301	$	5,512
Furniture and office equipment		307		262
Leasehold improvements		603		413
Laboratory equipment		196		173
		7,407		6,360
Less: accumulated depreciation and amortization		2,956		2,355
Property and equipment, net	$	4,451	$	4,005

The Company periodically writes off fully depreciated and amortized assets.  The Company wrote off fully depreciated and amortized assets of $19 and $601 during the twenty-six weeks ended June 29, 2024 and July 1, 2023, respectively. Depreciation and amortization expense of property and equipment for the thirteen weeks ended June 29, 2024 and July 1, 2023 was $332 and $242, respectively. Depreciation and amortization expense of property and equipment for the twenty-six weeks ended June 29, 2024 and July 1, 2023 was $619 and $513, respectively.