Note 5 - Property and Equipment

3 Months Ended

Mar. 30, 2024

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

5.     Property and Equipment

Property and equipment are stated at cost, less accumulated depreciation and amortization, and are depreciated or amortized on the straight-line method at rates calculated to provide for retirement of assets at the end of their estimated useful lives. Computer hardware and software, and furniture and office equipment are typically depreciated over five years. Leasehold improvements are amortized over the shorter of the estimated life of the asset or the lease term.

Property and equipment comprise the following:

	March 30, 2024		December 30, 2023
Computer hardware and software	$	5,966	$	5,513
Furniture and office equipment		279		262
Leasehold improvements		589		413
Laboratory equipment		196		173
		7,029		6,360
Less: accumulated depreciation and amortization		2,643		2,355
Property and equipment, net	$	4,386	$	4,005

The Company periodically writes off fully depreciated and amortized assets.  The Company did not write off any fully depreciated and amortized assets during the thirteen weeks ended March 30, 2024 and April 1, 2023. Depreciation and amortization expense of property and equipment for the thirteen weeks ended March 30, 2024 and April 1, 2023 was $287 and $271, respectively.