We saw FY2025, the fiscal year ended Jan 3 2026, as a trough and rebuild year: our total revenue was $523.3 M, up just 2.7%, roughly flat off the FY2023 peak of $737.2 M, and GAAP net income collapsed to $3.1 M as research and operating spending rose faster than the recovering top line. In Q1 FY2026 the quarter inflected: our total revenue was $170.9 M, up 42% year‑over‑year and 17% sequentially, with GAAP net income of $21.8 M.