Goodwill and Intangible Assets, Net

6 Months Ended

Jun. 29, 2024

Goodwill and Indefinite-lived Intangible Assets

Goodwill was $64 million at June 29, 2024 and December 30, 2023. Indefinite-lived trade name/trademarks totaled $1.4

million at both June 29, 2024 and December 30, 2023.

Definite-lived Intangible Assets

Patents were $2.0 million at both June 29, 2024 and December 30, 2023. Accumulated amortization was $0.9 million at

June 29, 2024 and $0.8 million at December 30, 2023. Amortization expense for both the three months ended June 29,

2024 and July 1, 2023, was $55 thousand, and for both the six months ended June 29, 2024 and July 1, 2023 was

$0.1 million.

Annual amortization for Patents for subsequent years are as follows (in thousands):


2024 (excluding the six months ended June 29, 2024)		$111
2025		226
2026		222
2027		222
2028		155
2029		99
Thereafter		46
Total future amortization for definite-lived intangible assets		$1,081