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INTANGIBLE ASSETS, NET
12 Months Ended
Dec. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS, NET INTANGIBLE ASSETS, NET
The following table presents the Company’s intangible assets, net balances:
(dollar amounts in thousands)December 29,
2024
December 31,
2023
Internal use software$45,933 $38,336 
Developed technology20,050 20,050 
Total intangible assets65,983 58,386 
Accumulated amortization(41,943)(30,979)
Total$24,040 $27,407 

Amortization expense for the fiscal years ended December 29, 2024, December 31, 2023, and December 25, 2022 was $11.0 million, $10.0 million, and $7.7 million, respectively. Estimated amortization for each of the next five years is as follows:
(dollar amounts in thousands)
2025$9,720 
20267,664 
20275,319 
20281,337 
Total
$24,040