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Note 11 - Subsequent Events
6 Months Ended
Jul. 03, 2022
Notes to Financial Statements  
Subsequent Events [Text Block]

Note 11 — Subsequent Events

 

eFPGA Project Agreement

 

On August 8, 2022, we executed an Agreement (the “Agreement”) with a new customer to develop an eFPGA product in accordance with the customer’s specifications. Under the terms of the Agreement, we will be paid fees of $6.9 million for performing the work over an approximately 12-month period from the execution date of the Agreement. Upon successful performance, the Agreement allows for the customer to extend the scope of work to tens of millions of dollars over the span of multiple years.