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Note 6 - Intangible Assets
12 Months Ended
Jan. 02, 2022
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

NOTE 6-INTANGIBLE ASSETS

 

The following table provides the details of the carrying value of intangible assets recorded from the 2019 acquisition of SensiML at  January 2, 2022 (in thousands):

 

  

January 2, 2022

 
  

Remaining Useful Life

  

Gross Carrying Amount

  

Accumulated Amortization

  

Net Carrying Amount

 

Developed technology

  7  $959  $(287) $672 

Customer relationships

     81   (81)   

Trade names and trademarks

  7   116   (35)  81 

Total acquired identifiable intangible assets

     $1,156  $(403) $753 

 

The following table provides the details of the carrying value of intangible assets recorded from the 2019 acquisition of SensiML at  January 3, 2021 (in thousands):

 

  

January 3, 2021

 
  

Remaining Useful Life

  

Gross Carrying Amount

  

Accumulated Amortization

  

Net Carrying Amount

 

Developed technology

  8  $959  $(192) $767 

Customer relationships

  1   81   (81)   

Trade names and trademarks

  8   116   (23)  93 

Total acquired identifiable intangible assets

     $1,156  $(296) $860 

 

The following table provides the details of future annual amortization of intangible assets, based upon the current useful lives at  January 2, 2022 (in thousands):

 

  

Amount

 

Annual Fiscal Years

    

2022

  107 

2023

  107 

2024

  107 

2025

  107 

2026

  107 

Thereafter

  218 

Total

 $753