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Fair Value Measurements (Tables)
9 Months Ended
Sep. 27, 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 September 27, 2025Level 1Level 2Total
Money market funds$12,378 $— $12,378 
U.S. government securities57,801 — 57,801 
Corporate debt securities— 145,350 145,350 
Commercial paper— 68,706 68,706 
U.S. government agency securities— 14,502 14,502 
Certificates of deposit— 7,025 7,025 
$70,179 $235,583 $305,762 

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