Note 8 - Intangible Assets

3 Months Ended

Mar. 29, 2025

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

Note 8 - Intangible Assets

In connection with our past acquisitions, we have recorded identifiable intangible assets. On our Consolidated Balance Sheets at March 29, 2025 and December 28, 2024, Intangible assets, net are shown net of accumulated amortization of $164.0 million and $163.5 million, respectively. Additionally, we enter into license agreements for third-party technology and record them as intangible assets. These licenses are being amortized to Research and development expense over their estimated useful lives.

We recorded amortization expense related to intangible assets on the Consolidated Statements of Operations as presented in the following table:

	Three Months Ended
	March 29,		March 30,
(In thousands)	2025		2024
Research and development	$	479	$	266
Amortization of acquired intangible assets		—		870
	$	479	$	1,136