Rodgers Silicon Valley Acquisition Corp. Post-effective amendment to a registration statement that is not immediately effective upon filing

Leases (Tables)

3 Months Ended

12 Months Ended

Apr. 03, 2022

Jan. 02, 2022

The components of lease costs were as follows (in thousands):

The components of lease costs were as follows (in thousands):

Supplemental lease information:


	As of
Operating leases	April 3, 2022			March 31, 2021
Weighted-average remaining lease term		8.4 years			9.3 years
Weighted-average discount rate		6.8	%		6.8	%

Supplemental lease information:


Operating leases	January 2, 2022
Weighted-average remaining lease term		8.7 years
Weighted-average discount rate		6.8	%

Supplemental cash flow information related to leases are as follows (in thousands):


	For the Quarters Ended
	April 3, 2022		March 31, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	336	$	312
Lease liabilities arising from obtaining ROU assets:
Operating leases		—		8,763

Supplemental cash flow information related to leases are as follows (in thousands):


	Fiscal Year Ended January 2, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1,418
Lease liabilities arising from obtaining ROU assets:
Operating leases		8,763

The following is a schedule of maturities of lease liabilities as of April 3, 2022 (in thousands).


	Operating lease
2022 (remaining nine months)	$	1,029
2023		1,406
2024		1,449
2025		1,492
2026		1,491
Thereafter		5,774

Total		12,641

Less: imputed interest		(3,220	)

Present value of lease liabilities	$	9,421

The following is a schedule of maturities of lease liabilities as of January 2, 2022 (in thousands).


	Operating lease
2022	$	1,366
2023		1,406
2024		1,449
2025		1,492
2026		1,491
Thereafter		5,774

Total		12,978

Less: imputed interest		(3,375	)

Present value of lease liabilities	$	9,603

Minimum commitments under noncancelable operating lease agreements as of December 31, 2020 is as follows (in thousands):