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Fair Value Measurements (Tables)
6 Months Ended
Jun. 28, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets Measured on Recurring Basis
The following tables sets forth the Company’s financial assets measured at fair value on a recurring basis based on the three-tier fair value hierarchy (in thousands):
As of June 28, 2025Level 1Level 2Total
Money market funds$23,457 $— $23,457 
U.S. government securities59,663 — 59,663 
Corporate debt securities— 123,467 123,467 
Commercial paper— 41,887 41,887 
U.S. government agency securities— 13,890 13,890 
Certificates of deposit— 3,857 3,857 
$83,120 $183,101 $266,221 

As of December 31, 2024Level 1Level 2Total
Money market funds$4,890 $— $4,890 
U.S. government securities74,132 — 74,132 
Corporate debt securities— 123,701 123,701 
Commercial paper— 32,773 32,773 
U.S. government agency securities— 24,411 24,411 
Certificates of deposit— 16,520 16,520 
$79,022 $197,405 $276,427