Investment in Equity Securities

3 Months Ended

Apr. 01, 2023

Equity [Abstract]

Investments in Equity Securities

INVESTMENT IN EQUITY SECURITIES

As of April 1, 2023 and December 31, 2022, the carrying amount of equity securities without readily determinable fair values was $20,000 and is included in the “Other assets” line item on the Company’s condensed consolidated balance sheets.

During the three months ended April 1, 2023, and the fiscal year ended December 31, 2022, no observable price changes occurred, and no impairment of securities was recorded.