The following provides a summary of cash, cash equivalents, and restricted cash reported within the unaudited condensed consolidated balance sheets that reconciles to the corresponding amount in the unaudited condensed consolidated statement of cash flows:


(In thousands)	March 28, 2025		June 28, 2024
Cash and cash equivalents	$	49,429	$	64,622

Restricted cash included in long-term other assets	2,250		312
Total cash, cash equivalents, and restricted cash	$	51,679	$	64,934


(In thousands)	March 28, 2025		June 28, 2024
Finished products	$	63,649	$	44,890
Raw materials and supplies	27,621		15,433
Customer service inventories	1,888		1,944
Total inventories	$	93,158	$	62,267
Consigned inventories included within raw materials and supplies	$	20,418	$	11,456

The Company records charges to adjust inventories due to excess and obsolete inventory resulting from lower sales forecasts, product transitioning or discontinuance. The charges incurred during the three and nine months ended March 28, 2025 and March 29, 2024 were included in cost of product sales as follows:


	Three Months Ended				Nine Months Ended
(In thousands)	March 28, 2025		March 29, 2024		March 28, 2025		March 29, 2024
Excess and obsolete inventory	$	565	$	2,251	$	1,178	$	2,937
Customer service inventory write-downs	215		153		678		652
Total charges	$	780	$	2,404	$	1,856	$	3,589


(In thousands)	March 28, 2025		June 28, 2024
Prepaid and other current assets	$	14,545	$	13,559
Taxes	12,246		8,623
Contract manufacturing assets	7,784		4,894

Total other current assets	$	34,575	$	27,076


(In thousands)	March 28, 2025		June 28, 2024

Buildings and leasehold improvements	$	1,889	$	1,302
Software and equipment	78,960		69,898
Total property, plant and equipment, gross	80,849		71,200
Less: accumulated depreciation	(65,216)		(61,720)
Total property, plant and equipment, net	$	15,633	$	9,480

Included in the total property, plant and equipment, gross were $7.7 million and $4.1 million of assets in progress which have not been placed in service as of March 28, 2025 and June 28, 2024, respectively.


	Three Months Ended				Nine Months Ended
(In thousands)	March 28, 2025		March 29, 2024		March 28, 2025		March 29, 2024
Depreciation	$	1,169	$	1,004	$	3,959	$	3,077


(In thousands)	March 28, 2025		June 28, 2024
Taxes	$	13,065	$	8,827
Compensation and benefits	8,159		9,689
Project costs	7,459		14,305

Warranties	3,750		2,996
Professional fees	1,509		1,286
Commissions	1,293		1,538
Other	5,290		3,507
Total accrued expenses	$	40,525	$	42,148

The Company accrues for the estimated cost to repair or replace products under warranty. Changes in the warranty liability were as follows:


	Three Months Ended				Nine Months Ended
(In thousands)	March 28, 2025		March 29, 2024		March 28, 2025		March 29, 2024
Balance as of the beginning of the period	$	3,926	$	2,746	$	2,996	$	2,100
Warranty provision recorded during the period	230		587		1,488		1,601
Assumed in acquisition	—		—		406		446
Consumption during the period	(406)		(537)		(1,140)		(1,351)
Balance as of the end of the period	$	3,750	$	2,796	$	3,750	$	2,796


(In thousands)	March 28, 2025		June 28, 2024
Advance payments	$	11,041	$	8,517
Unearned revenue	74,617		50,322
Total advance payments and unearned revenue	$	85,658	$	58,839

Excluded from the balances above are $7.7 million and $7.4 million in long-term unearned revenue as of March 28, 2025 and June 28, 2024, respectively.