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Organization and Description of Business and Accounting Policies (Tables)
12 Months Ended
Jan. 02, 2026
Accounting Policies [Abstract]  
Schedule of Reclassifications The Company has made certain reclassification adjustments to conform prior period amounts to current presentation, which include reclassification adjustments between Research and development expenses and Sales and marketing expenses on its Consolidated Statements of Operations as follows (in thousands):

 

 

 

2024

 

 

2023

 

 

 

Prior Presentation

 

 

Reclassification

 

 

New Presentation

 

 

Prior Presentation

 

 

Reclassification

 

 

New Presentation

 

Sales and marketing

 

$

108,322

 

 

$

8,656

 

 

$

116,978

 

 

$

107,834

 

 

$

3,923

 

 

$

111,757

 

Research and development

 

 

53,973

 

 

 

(8,656

)

 

 

45,317

 

 

 

44,401

 

 

 

(3,923

)

 

 

40,478

 

Additionally, non-cash lease expense is now presented on its own line in the Company’s Consolidated Statements of Cash Flows instead of combined with the changes in other current and non-current liabilities as follows (in thousands):

 

 

2024

 

 

2023

 

 

 

Prior Presentation

 

 

Reclassification

 

 

New Presentation

 

 

Prior Presentation

 

 

Reclassification

 

 

New Presentation

 

Non-cash operating lease expense

 

$

 

 

$

3,562

 

 

$

3,562

 

 

$

 

 

$

3,256

 

 

$

3,256

 

Other current and non-current liabilities

 

 

3,393

 

 

 

(3,562

)

 

 

(169

)

 

 

10,396

 

 

 

(3,256

)

 

 

7,140

 

Schedule of Net Currency Foreign Translation Gain Loss Net foreign translation gain (loss) was as follows (in thousands):

 

 

Years Ended

 

 

 

2025

 

 

2024

 

 

2023

 

Foreign currency translation gain (loss)(1)

 

$

22

 

 

$

(1,775

)

 

$

(1,095

)

Gain (loss) on foreign currency transactions(2)

 

 

2,603

 

 

 

(3,675

)

 

 

(1,909

)

 

(1) Shown as a separate line item on the Consolidated Statements of Comprehensive Income (Loss).

(2) Shown as a separate line item on the Consolidated Statements of Operations.

Schedule of Sales and Marketing Expenses for Distinct Services Sales and marketing expenses for distinct services were as follows (in thousands):

 

 

 

Years Ended

 

 

 

2025

 

 

2024

 

 

2023

 

Marketing and support services related to strategic cooperation agreements

 

$

3,428

 

 

$

3,342

 

 

$

1,891

 

Summary of Estimated Sales Return On the Consolidated Balance Sheets, the balances associated for estimated sales returns were as follows (in thousands):

 

 

2025

 

 

2024

 

Estimated returns - inventory(1)

 

$

1,860

 

 

$

853

 

Allowance for sales returns

 

 

10,199

 

 

 

6,579

 

 

(1)
Recognized in inventories, net on the Consolidated Balance Sheets
Schedule Of Estimated Useful Lives of Assets

The estimated useful lives of assets are as follows:

 

Machinery and equipment

 

5-10 years

Computer equipment and software

 

2-5 years

Furniture and equipment

 

3-7 years

Leasehold improvements

 

The shorter of the useful life of the asset or the expected term of the associated lease

Finite-lived Intangible Assets Amortization Expense Amortization expense for intangible assets were as follows (in thousands):

 

 

 

Years Ended

 

 

 

2025

 

 

2024

 

 

2023

 

Amortization expense

 

$

 

 

$

 

 

$

13

 

Summary of Advertising Costs

Advertising costs, which are included in selling and marketing expenses, are expensed as incurred, and were as follows (in thousands):

 

 

 

Years Ended

 

 

 

2025

 

 

2024

 

 

2023

 

Advertising costs

 

$

19,631

 

 

$

34,084

 

 

$

46,680

 

Summary of Changes in Accumulated Other Comprehensive Income (Loss) The following table summarizes the changes in the accumulated balances for each component of accumulated other comprehensive income (loss) attributable to the Company for the years ended January 2, 2026, December 27, 2024 and December 29, 2023 (in thousands):

 

 

Foreign Currency Translation

 

 

Investments Available for Sale

 

 

Defined Benefit Pension Plan – Japan

 

 

Defined Benefit Pension Plan – Switzerland

 

 

Accumulated Other Com-prehensive Income (Loss)

 

Balance, at December 30, 2022

 

$

(1,547

)

 

$

(336

)

 

$

184

 

 

$

1,855

 

 

$

156

 

Other comprehensive income (loss)

 

 

(1,095

)

 

 

363

 

 

 

(182

)

 

 

(4,121

)

 

 

(5,035

)

Tax effect

 

 

345

 

 

 

(64

)

 

 

54

 

 

 

431

 

 

 

766

 

Balance, at December 29, 2023

 

 

(2,297

)

 

 

(37

)

 

 

56

 

 

 

(1,835

)

 

 

(4,113

)

Other comprehensive income (loss)

 

 

(1,775

)

 

 

31

 

 

 

16

 

 

 

(1,923

)

 

 

(3,651

)

Tax effect

 

 

542

 

 

 

(5

)

 

 

(5

)

 

 

201

 

 

 

733

 

Balance, at December 27, 2024

 

 

(3,530

)

 

 

(11

)

 

 

67

 

 

 

(3,557

)

 

 

(7,031

)

Other comprehensive income (loss)

 

 

22

 

 

 

13

 

 

 

(20

)

 

 

558

 

 

 

573

 

Tax effect

 

 

(6

)

 

 

(1

)

 

 

6

 

 

 

(52

)

 

 

(53

)

Balance, at January 2, 2026

 

$

(3,514

)

 

$

1

 

 

$

53

 

 

$

(3,051

)

 

$

(6,511

)