Certain significant amounts included in the Company's condensed consolidated balance sheets are summarized in the following tables:


	July 2, 2023		January 1, 2023
Accounts receivable:
Trade accounts receivable	$	52,908	$	29,683
Unbilled revenue (contract assets)	28,572		34,625


Allowance for credit losses	(4,395)		(1,638)
Total accounts receivable, net	$	77,085	$	62,670


	Three Months Ended				Six Months Ended
Allowance for credit losses:	July 2, 2023		July 3, 2022		July 2, 2023		July 3, 2022
Balance at beginning of period	4,167		—		1,638		—
Add
Adoption of Credit Loss Standard (Topic 326)	—		—		375		—
Provision for credit losses	1,448		—		3,602		—
Deduct
Accounts written-off	1,220		—		1,220		—
Less recoveries of accounts charged-off	—		—		—		—
Net account charge-offs (recoveries)	1,220		—		1,220		—
Balance at end of period	$	4,395	$	—	$	4,395	$	—


	July 2, 2023		January 1, 2023
Inventories:
Raw materials	$	4,352	$	3,991
Work-in-process	59		359
Supplies and spare parts	11,613		9,047
Total inventories—current	16,024		13,397
Supplies and spare parts classified as other assets	3,042		2,605
Total inventories	$	19,066	$	16,002


	July 2, 2023		January 1, 2023
Prepaid expenses and other current assets:
Prepaid expenses	$	1,828	$	2,395
Prepaid inventory	374		129
Equipment purchased for customers 1	5,669		5,669
Deferred contract costs	748		2,097

Other	450		—
Total prepaid assets and other current assets	$	9,069	$	10,290

1 The Company acquired equipment for a customer that is being installed and calibrated in its facility. Prior to the customer obtaining ownership and control of the equipment, the Company recorded costs incurred to date within prepaid expenses and other current assets.


	July 2, 2023		January 1, 2023
Property and equipment, net:
Land	$	5,396	$	5,396
Buildings and improvements	88,182		88,141
Machinery and equipment	193,074		187,276
Fixed assets not yet in service	7,089		9,746
Total property and equipment, at cost 1	293,741		290,559
Less: Accumulated depreciation 1	(124,201)		(110,644)
Total property and equipment, net 1	$	169,540	$	179,915

1 Includes $13,332 and $12,521 of cost and $(3,519) and $(2,781) of accumulated depreciation associated with capital assets subject to financing leases as of July 2, 2023 and January 1, 2023, respectively.

Depreciation expense was $6,700 and $6,683 for the three months ended July 2, 2023 and July 3, 2022, respectively, and $13,556 and $12,714 for the six months ended July 2, 2023 and July 3, 2022, respectively, substantially all of which was classified as cost of revenue.


	July 2, 2023		January 1, 2023
Intangible assets, net:
Software and licensed technology	$	10,889	$	10,277



Less: Accumulated amortization	(5,673)		(4,669)
Total intangible assets, net	$	5,216	$	5,608

Intangible assets consist of purchased software and license costs from the acquisition of Cypress Semiconductor Corporation in 2017. Additionally, the Company has entered into license agreements for third-party software and licensed technology, which also comprise intangible assets. During the six months ended July 2, 2023, the Company acquired third-party software and licensed technology of $612, which will be amortized over a weighted average estimated life of 3 years.

For the three months ended July 2, 2023 and July 3, 2022, amortization of software and licensed technology was $507 and $518, respectively, and $1,003 and $943 for the six months ended July 2, 2023 and July 3, 2022, respectively.


	Amortization Expense
Remainder of 2023	$	728
2024	1,018
2025	816
2026	590
2027	308
Thereafter	1,756
Total	$	5,216


	July 2, 2023		January 1, 2023
Other assets:
Supplies and spare parts	$	3,042	$	2,605
Deferred contract costs	352		—
Operating lease right-of-use assets	119		141
Other assets	2,004		944
Total other assets	$	5,517	$	3,690


	July 2, 2023		January 1, 2023
Accrued expenses:
Accrued compensation	$	8,172	$	5,705
Licensed technology	1,000		1,500
Accrued commissions	267		30
Accrued fixed asset expenditures	—		20
Accrued royalties	4,162		4,734
Current portion of operating lease liabilities	46		44
Current portion of finance lease liabilities	627		786
Accrued inventory	1,782		1,294
Accrued consulting fees	3,820		—
Other accrued expenses	12,236		11,099
Total accrued expenses	$	32,112	$	25,212


	July 2, 2023		January 1, 2023
Other long-term liabilities:
Finance lease obligations	$	9,525	$	9,257
Operating lease liability	76		100
Accrued customer payable	—		3,728
Licensed technology	—		500
Total other long-term liabilities	$	9,601	$	13,585