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Note 9 - Leases

9 Months Ended

Sep. 28, 2025

Lessee, Operating and Finance Leases [Text Block]

Note 9 — Leases

The Company's principal research and development and corporate facilities are leased office buildings located in the United States. These lease facilities are classified as operating leases and have lease terms of one to three years. The Company maintains sales offices out of which it conducts sales and marketing activities in various countries outside of the United States which are rented under short-term leases. The Company has elected the practical expedient to apply to recognition requirements to short-term leases and recognizes rent payments on short-term leases on a straight-line basis over the lease term.

The following table provides the expenses from continuing operations related to operating leases (in thousands):

	*Three Months Ended*				*Nine Months Ended*
	*September 28, 2025*		*September 29, 2024*		*September 28, 2025*		*September 29, 2024*
Operating lease costs from continuing operations:
Fixed	$	87	$	88	$	261	$	272
Short term		5		4		14		13
Total	$	92	$	92	$	275	$	285

The following table provides the details of supplemental cash flow information (in thousands):

	*Nine Months Ended*
	*September 28, 2025*		*September 29, 2024*
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from continuing operations used for operating leases	$	245	$	287

Non-cash ROU assets related to operating leases included in the operating cash flows for continuing operations for the nine months ended September 28, 2025 and September 29, 2024 were $218 thousand and $199 thousand, respectively.

The following table provides the details of right-of-use assets and lease liabilities as of September 28, 2025 and December 29, 2024 (in thousands):

	*September 28, 2025*		*December 29, 2024*
Right-of-use assets:
Operating leases	$	540	$	758
Lease liabilities:
Operating leases	$	529	$	731

The following table provides the details of future lease payments for operating leases as of September 28, 2025 (in thousands):

	*Operating Leases*
2025 (remaining period)	$	93
2026		349
2027		128
Total lease payments		570
Less: Interest		(41	)
Present value of lease liabilities	$	529

The following table provides the details of lease terms and discount rates as of September 28, 2025 and December 29, 2024:

	*September 28, 2025*			*December 29, 2024*
Right-of-use assets:
Weighted-average remaining lease term (years)
Operating leases⁽¹⁾		1.67			2.42
Weighted-average discount rates:
Operating leases		6.00	%		9.00	%

⁽¹⁾ The operating lease relates to the Company's headquarters in San Jose, CA. The lease term expires on June 14, 2027.