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Fair Value Measurements
12 Months Ended
Sep. 28, 2024
Fair Value Disclosures [Abstract]  
Fair Value Measurements Fair Value Measurements
The carrying values of the Company’s financial instruments, including accounts receivable and accounts payable, approximate their fair values due to the short period of time to maturity or repayment.
The following table summarizes fair value measurements by level for the assets measured at fair value on a recurring basis as of September 28, 2024, and September 30, 2023:
September 28, 2024
Level 1Level 2Level 3Total
(In thousands)
Assets:
Cash equivalents:
Money market funds$25,548 $— $— $25,548 
Marketable Securities:
U.S. Treasury securities— 51,426 — 51,426 
Total assets$25,548 $51,426 $— $76,974 
September 30, 2023
Level 1Level 2Level 3Total
(In thousands)
Assets:
Cash equivalents:
Money market funds$51,522 $— $— $51,522