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Goodwill and Intangible Assets (Tables)
9 Months Ended
Oct. 02, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Components of Gross and Net Intangible Asset

The following table summarizes the components of gross and net intangible asset balances (in thousands):

 

 

 

October 2, 2021

 

 

 

 

January 2, 2021

 

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

 

Remaining

Amortization Life

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

Customer relationships

 

$

340

 

 

$

192

 

 

$

148

 

 

5.31 Years

 

$

240

 

 

$

172

 

 

$

68

 

Developed technology

 

 

900

 

 

 

75

 

 

 

825

 

 

6.42 Years

 

 

 

 

 

 

 

 

 

 

 

 

Trade names

 

 

300

 

 

 

20

 

 

 

280

 

 

8.42 Years

 

 

 

 

 

 

 

 

 

 

 

 

In-process R&D

 

 

1,000

 

 

 

 

 

 

1,000

 

 

Not applicable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

2,540

 

 

$

287

 

 

$

2,253

 

 

 

 

$

240

 

 

$

172

 

 

$

68

 

Future Estimated Amortization Expense Future estimated amortization expense excluding in-process R&D (in thousands):

 

Fiscal Year:

 

 

 

 

2021 (three months)

 

$

48

 

2022

 

 

192

 

2023

 

 

192

 

2024

 

 

192

 

2025

 

 

180

 

Thereafter

 

 

449

 

Total

 

$

1,253