Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.23.1
Property and Equipment (Tables)
 3 Months Ended
Apr. 02, 2023
Property, Plant and Equipment [Abstract]  
Summary of Property and Equipment and Depreciation Expense Property and equipment as of April 2, 2023 and January 1, 2023, consisted of the following (in thousands).
April 2, 2023 January 1,
2023
Machinery and equipment $ 64,588  $ 55,694 
Office equipment and software 1,739  1,586 
Furniture and fixtures 829  771 
Leasehold improvements 25,357  24,565 
Construction in process 25,233  33,268 
Total property and equipment 117,746  115,884 
Less: accumulated depreciation (15,471) (12,016)
Property and equipment, net $ 102,275  $ 103,868 
The following table summarizes the depreciation and amortization expenses related to property and equipment, which are recorded within cost of revenue, research and development expense and selling, general and administrative expense in the Condensed Consolidated Statements of Operations (in thousands).
Quarters Ended
April 2, 2023 April 3, 2022
Depreciation expense $ 3,455  $ 314