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Note 4 - Balance Sheet Components | 9 Months Ended
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Sep. 29, 2024
Notes to Financial Statements |
Supplemental Balance Sheet Disclosures [Text Block] | Note 4 — Balance Sheet Components The following table provides details relating to certain balance sheet line items as of September 29, 2024, and December 31, 2023 (in thousands):
|  | September 29, |  |  | December 31, |
|  | 2024 |  |  | 2023 |
Inventories, net: |  |  |  |  |  |  |  |
Work-in-process |  | $ | 1,438 |  |  | $ | 1,602 |
Finished goods |  |  | 342 |  |  |  | 427 |
|  | $ | 1,780 |  |  | $ | 2,029 |
Prepaid expenses and other current assets: |  |  |  |  |  |  |  |
Prepaid taxes |  | $ | 522 |  |  | $ | 498 |
Deferred charges |  |  | 999 |  |  |  | 290 |
Deferred cost of sales |  |  | 586 |  |  |  | 2 |
Other prepaid taxes, royalties, and other prepaid expenses |  |  | 632 |  |  |  | 627 |
Other |  |  | 180 |  |  |  | 144 |
|  | $ | 2,919 |  |  | $ | 1,561 |
Property and equipment, net: |  |  |  |  |  |  |  |
Equipment |  | $ | 9,613 |  |  | $ | 10,503 |
Software tools |  |  | 3,009 |  |  |  | 2,163 |
Tooling |  |  | 12,437 |  |  |  | 7,085 |
Software |  |  | 1,776 |  |  |  | 1,803 |
Furniture and fixtures |  |  | 58 |  |  |  | 65 |
Leasehold improvements |  |  | 647 |  |  |  | 580 |
|  |  | 27,540 |  |  |  | 22,199 |
Less: Accumulated depreciation and amortization |  |  | (13,403 | ) |  |  | (13,251 | )
|  | $ | 14,137 |  |  | $ | 8,948 |
Capitalized internal-use software, net: |  |  |  |  |  |  |  |
Capitalized internal-use software |  | $ | 4,316 |  |  | $ | 3,491 |
Less: Accumulated amortization |  |  | (1,964 | ) |  |  | (1,422 | )
|  | $ | 2,352 |  |  | $ | 2,069 |
Intangible assets, net: |  |  |  |  |  |  |  |
Intangible assets |  | $ | 1,156 |  |  | $ | 1,156 |
Less: Accumulated amortization |  |  | (699 | ) |  |  | (619 | )
|  | $ | 457 |  |  | $ | 537 |
Accrued liabilities: |  |  |  |  |  |  |  |
Accrued compensation |  | $ | 649 |  |  | $ | 1,910 |
Accrued employee benefits |  |  | 181 |  |  |  | 57 |
Accrued payroll tax |  |  | 141 |  |  |  | 197 |
Other |  |  | 486 |  |  |  | 509 |
|  | $ | 1,457 |  |  | $ | 2,673 |
As of September 29, 2024 and December 31, 2023, work-in-process ("WIP") inventories, net consist primarily of $0.4 million and $0.5 million, respectively, of die wafers and $1.0 million and $1.1 million, respectively, of tested, unmarked devices held for sale, which are completed upon customer orders. The Company capitalized $5.35 million in pre-production design and development costs as tooling to be utilized under its long-term professional services contracts for the nine months ended September 29, 2024. $3.6 million in pre-production design and development costs were capitalized as tooling for the nine months ended October 1, 2023. The capitalized assets recognized in the period are owned by the Company. The Company recorded depreciation and amortization expense of $2.6 million and $1.2 million for the nine months ended September 29, 2024 and October 1, 2023, respectively. No interest was capitalized for any period presented. Depreciation and amortization expense included approximately $0.5 million and $0.4 million of amortization expense related to capitalized internal-use software for the nine months ended September 29, 2024 and October 1, 2023, respectively.

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/210/tableOfContent + Details
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