Balance Sheet Components

6 Months Ended

Jun. 29, 2025

Balance Sheet Related Disclosures [Abstract]

Short-Term Investments


	As of June 29, 2025								As of December 31, 2024
	Amortized Cost		Unrealized Gains		Unrealized Losses		Estimated Fair Value		Amortized Cost		Unrealized Gains		Unrealized Losses		Estimated Fair Value
	(In thousands)
U.S. Treasuries	$	89,166	$	—	$	(9)	$	89,157	$	69,385	$	34	$	—	$	69,419

Accounts Receivable, Net


	As of
	June 29, 2025		December 31, 2024
	(In thousands)
Gross accounts receivable	$	61,652	$	57,464
Allowance for credit losses	(202)		(132)
Total	$	61,450	$	57,332

The following table provides a roll-forward of the allowance for credit losses that is deducted from the amortized cost basis of accounts receivable to present the net amount expected to be collected.


	Three Months Ended				Six Months Ended
	June 29, 2025		June 30, 2024		June 29, 2025		June 30, 2024
	(In thousands)
Balance at the beginning of the period	$	124	$	218	$	132	$	333
Provision for (release of) expected credit losses	78		(76)		70		(191)
Balance at the end of the period	$	202	$	142	$	202	$	142

Property and Equipment, Net

The components of property and equipment are as follows. For comparative purposes, amounts in prior periods have been recast.


	As of
	June 29, 2025		December 31, 2024
	(In thousands)
Machinery and equipment	$	14,994	$	14,399
Capitalized software development costs	16,095		10,612
Software and license	6,257		6,306
Computer equipment	906		894
Leasehold improvements	2,920		3,302
Furniture and fixtures	2,021		1,839
Total property and equipment, gross	43,193		37,352
Less: accumulated depreciation and amortization	(34,213)		(32,587)
Total property and equipment, net	$	8,980	$	4,765

Depreciation and amortization expense pertaining to property and equipment are as follows in our unaudited condensed consolidated statements of comprehensive income (loss).


	Three Months Ended				Six Months Ended
	June 29, 2025		June 30, 2024		June 29, 2025		June 30, 2024
	(In thousands)
Depreciation:
Operating expenses	$	366	$	631	$	923	$	1,382
Amortization:
Subscriptions and services cost	341		151		613		302
Operating expenses	151		—		151		—
Total depreciation and amortization	$	858	$	782	$	1,687	$	1,684

Goodwill

We have determined that no event occurred or circumstances changed during the six months ended June 29, 2025 that would more likely than not reduce the fair value of goodwill below the carrying amount. There was no accumulated goodwill impairment recognized as of June 29, 2025.

Accrued Liabilities


	As of
	June 29, 2025		December 31, 2024
	(In thousands)
Sales incentives and marketing expenditures	$	37,556	$	31,947
Sales returns	8,090		11,651
Employee compensation	15,449		12,921
Cloud and other costs	6,637		9,497
Other	22,266		19,714
Total	$	89,998	$	85,730