Operating Highlights

Operating highlights include adjusted EBITDA of $34.1 million and operating income of $8.2 million, with selling, general & administrative expenses up 19% and R&D expenses down 7.5%. Cash and cash equivalents totaled $560.6 million as of December 28, 2025, up from $329.3 million a year earlier, while the company reported no long‑term debt and net cash used in operating activities of $42.1 million.