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Note 8 - Intangible Assets
 12 Months Ended
Dec. 28, 2024
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

8.    INTANGIBLE ASSETS

 

The Company evaluates long-lived assets and intangible assets with definite lives for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.  When the Company determines that it is probable that undiscounted future cash flows will not be sufficient to recover an asset’s carrying amount, the asset is written down to its fair value.  Assets to be disposed of by sale, if any, are reported at the lower of the carrying amount or fair value less cost to sell.  The Company’s intangible assets historically consist of customer relationships and non-compete agreements.  The Company determined that during the fiscal year ended December 28, 2024, its intangible asset balance became worthless and was written off.

 

The changes in the carrying amount of intangible assets for the fiscal years ended December 28, 2024 and December 30, 2023 are as follows:

 

  

Engineering

  

Specialty

Health Care

  

Life

Sciences,

Data &

Solutions

  

Total

 

Balance as of December 31, 2022

 $-  $-  $865  $865 
                 

Amortization in fiscal 2023

  -   -   182   182 
                 

Balance as of December 30, 2023

 $-  $-  $683  $683 
                 

Amortization in fiscal 2024

  -   -   136   136 

Impairment in fiscal 2024

  -   -   547   547 
                 

Balance as of December 28, 2024

 $-  $-  $-  $-