v3.25.4

COMMITMENTS, CONTINGENCIES AND CONCENTRATIONS (Tables)

3 Months Ended

Jan. 03, 2026

Commitments and Contingencies Disclosure [Abstract]

Reserve for product warranty activity

The following table reflects the reserve for warranty activity for the three months ended January 3, 2026 and December 28, 2024: 

									Three months ended
(in thousands)															January 3, 2026						December 28, 2024
Reserve for product warranty, beginning of period															$	7,255					$	9,911
Provision for product warranty															3,452						2,529
Utilization of reserve															(3,068)						(3,014)
Reserve for product warranty, end of period															$	7,639					$	9,426

Obligations not reflected on the Consolidated Balance Sheet

The following table reflects obligations not reflected on the Consolidated Condensed Balance Sheets as of January 3, 2026:

									Payments due by fiscal year
(in thousands)			Total						2026						2027						2028						2029						2030			Thereafter
Inventory purchase obligation (1)			$	297,699					$	297,699					$	—					$	—					$	—					$	—		$	—

(1)The Company orders inventory components in the normal course of its business. A portion of these orders are non-cancelable and a portion may have varying penalties and charges in the event of cancellation.

Schedule of Revenue by Major Customers by Reporting Segments

The following table reflects significant customer concentrations as a percentage of net revenue for the three months ended January 3, 2026 and December 28, 2024:

			Three months ended
			January 3, 2026						December 28, 2024
Tianshui Huatian Technology Co., Ltd			16.1		%				10.9		%
Changjin Technology (Shanghai) Co., Ltd			12.9		%				*
First Technology China Ltd			*						11.8		%
Haoseng Industrial Co., Ltd			11.0		%				*

* Represents less than 10% of total net revenue

Significant customer concentrations as a percentage of total accounts receivable

The following table reflects significant customer concentrations as a percentage of total accounts receivable as of January 3, 2026 and December 28, 2024:

			As of
			January 3, 2026						December 28, 2024
Tianshui Huatian Technology Co., Ltd			30.7		%				23.4		%
Haoseng Industrial Co Ltd			18.5		%				*
Forehope Electronic (Ningbo) Co., Ltd.			*						11.8		%

* Represents less than 10% of total accounts receivable

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- Definition

The schedule of customer concentration on accounts receivable reported during the period.

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Tabular disclosure of future minimum payments for operating leases and inventory purchases during the period.

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- Definition

Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 460
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482425/460-10-50-8

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Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer.

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