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Note 15 - Segment Reporting
 12 Months Ended
Jan. 03, 2026
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]

Note 15 - Segment Reporting

 

ASC 280, Segment Reporting, establishes standards for the manner in which companies report financial information about operating segments, products, services, geographic areas and major customers. Operating segments are defined as components of an entity for which separate financial information is available and that is regularly reviewed by the Chief Operating Decision Maker (“CODM”) in deciding how to allocate resources to an individual segment and in assessing performance. The Company’s CODM is its Chief Executive Officer.

 

As of January 3, 2026, we have determined that the Company operates in a single operating and reportable segment: the core Lattice business, which includes silicon-based and silicon-enabling products, evaluation boards, development hardware, and related intellectual property licensing, services, and sales. Our CODM reviews operating results and financial information presented on a consolidated basis for purposes of making operating decisions, allocating resources, and evaluating financial performance.

 

The following table sets forth the Company’s revenue, significant expenses, and net income by its single operating and reportable segment:

 

  

Year Ended

 
  

January 3,

  

December 28,

  

December 30,

 

(In thousands)

 

2026

  

2024

  

2023

 

Revenue

 $523,262  $509,401  $737,154 
             

Cost of revenue

 $166,319  $169,001  $222,484 
             

Gross margin

 $356,943  $340,400  $514,670 
             

Total operating expenses

 $345,711  $305,943  $302,400 
             

Net income

 $3,084  $61,131  $259,061