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Intangible Assets, Net
12 Months Ended
Dec. 29, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, Net

Note 7 — Intangible Assets, Net

Intangible assets, net consisted of the following (in thousands):

 

 

 

2023

 

 

2022

 

Long-lived amortized intangible assets

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net

 

Patents and licenses

 

$

9,205

 

 

$

(9,205

)

 

$

 

 

$

9,240

 

 

$

(9,067

)

 

$

173

 

 

During 2023, the Company recognized impairment of $154,000 for the remaining unamortized Japan patent and licenses related to cataract IOLs. Amortization expense for intangible assets were as follows (in thousands):

 

 

 

Years Ended

 

 

 

2023

 

 

2022

 

 

2021

 

Amortization expense

 

$

13

 

 

$

28

 

 

$

34