Pay vs Performance Disclosure, Table


Year	Summary Compen-sation Table Total for PEO 1 ($) (1)		Summary Compen-sation Table Total for PEO 2 ($) (1)		Summary Compen-sation Table Total for PEO 3 ($) (1)		Compen-sation Actually Paid to PEO 1 ($) (1) (2) (3)		Compen-sation Actually Paid to PEO 2 ($) (1) (2) (3)		Compen-sation Actually Paid to PEO 3 ($) (1) (2) (3)		Average Summary Compen- sation Table Total for Non-PEO NEOs ($) (1)		Average Compen- sation Actually Paid to Non-PEO NEOs ($) (1) (2) (3)		Value of Initial Fixed $100 Investment based on: (4)				Net Income ($ Millions)		Revenue ($ Millions) (5)
																	TSR ($)		Peer Group TSR ($)
(a)	(b)		(b)		(b)		(c)		(c)		(c)		(d)		(e)		(f)		(g)		(h)		(i)
2025	$	8,498,571	$	1,996,215	$	650,000	$	(2,242,723)	$	1,227,774	$	650,000	$	1,400,045	$	(158,386)	$	0.72	$	306.52	$	(1,609.2)	$	757.6
2024	$	11,399,724	—		—		$	(1,116,224)	—		—		$	4,833,000	$	(288,099)	$	39.41	$	299.72	$	(864.2)	$	807.2
2023	$	12,477,839	—		—		$	7,947,159	—		—		$	5,275,059	$	1,625,479	$	85.63	$	190.01	$	(329.9)	$	758.5
2022	$	9,282,016	—		—		$	(2,027,399)	—		—		$	2,702,433	$	(818,332)	$	123.66	$	145.19	$	(200.9)	$	572.1
2021	$	13,287,668	—		—		$	19,320,787	—		—		$	2,707,751	$	9,822,525	$	170.75	$	170.93	$	(522.5)	$	525.6

Company Selected Measure Name

Revenue

Named Executive Officers, Footnote

Gregg A. Lowe served as PEO from 2021 to November 2024 (“PEO 1”). Thomas H. Werner served as PEO from November 2024 until May 2025 (“PEO 2”). Robert A. Feurle served as PEO since May 2025 (“PEO 3”). Neill P. Reynolds was our only Non-PEO NEO from 2021 through 2024. Neill P. Reynolds, Kevin Speirits, and David T. Emerson, Ph.D. were our Non-PEO NEOs during 2025.

Peer Group Issuers, Footnote

The Peer Group TSR set forth in this table utilizes the Philadelphia Semiconductor Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the fiscal year ended June 26, 2025. The comparison assumes $100 was invested for the period starting June 28, 2020, through the end of the listed year in the Company and in the Philadelphia Semiconductor Index, respectively. Historical stock performance is not necessarily indicative of future stock performance.

Adjustment To PEO Compensation, Footnote

Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEO as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the amounts from the Stock Awards column set forth in the Summary Compensation Table.


Year	Summary Compensation Table Total for PEO 1 ($)		Exclusion of Stock Awards for PEO 1 ($)		Inclusion of Equity Values for PEO 1 ($)		Compensation Actually Paid to PEO 1 ($)
2025	$	8,498,571	$	(6,729,960)	$	(4,011,334)	$	(2,242,723)


Year	Summary Compensation Table Total for PEO 2 ($)		Exclusion of Stock Awards for PEO 2 ($)		Inclusion of Equity Values for PEO 2 ($)		Compensation Actually Paid to PEO 2 ($)
2025	$	1,996,215	$	(832,590)	$	64,149	$	1,227,774


Year	Summary Compensation Table Total for PEO 3 ($)		Exclusion of Stock Awards for PEO 3 ($)	Inclusion of Equity Values for PEO 3 ($)	Compensation Actually Paid to PEO 3 ($)
2025	$	650,000	—	—	$	650,000


Year	Average Summary Compensation Table Total for Non-PEO NEOs ($)		Average Exclusion of Stock Awards for Non-PEO NEOs ($)		Average Inclusion of Equity Values for Non-PEO NEOs ($)		Average Compensation Actually Paid to Non-PEO NEOs ($)
2025	$	1,400,045	$	(983,900)	$	(574,531)	$	(158,386)

The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:


Year	Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for PEO 1 ($)		Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for PEO 1 ($)		Vesting Date Fair Value of Equity Awards Granted During Year that Vested During Year for PEO 1 ($)	Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for PEO 1 ($)		Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for PEO 1 ($)	Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Included for PEO 1 ($)	Total - Inclusion of Equity Values for PEO 1 ($)
2025	$	13,062	$	(1,341,837)	—	$	(265,132)	(2,417,427)	—	$	(4,011,334)


Year	Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for PEO 2 ($)		Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for PEO 2 ($)	Vesting Date Fair Value of Equity Awards Granted During Year that Vested During Year for PEO 2 ($)	Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for PEO 2 ($)	Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for PEO 2 ($)	Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Included for PEO 2 ($)	Total - Inclusion of Equity Values for PEO 2 ($)
2025	$	64,149	—	—	—	—	—	$	64,149


Year	Average Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Non-PEO NEOs ($)		Average Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Non-PEO NEOs ($)		Average Vesting Date Fair Value of Equity Awards Granted During Year that Vested During Year for Non-PEO NEOs ($)	Average Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Non-PEO NEOs ($)		Average Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Non-PEO NEOs ($)	Average Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Included for Non-PEO NEOs ($)	Total - Average Inclusion of Equity Values for Non-PEO NEOs ($)
2025	$	2,177	$	(38,072)	—	$	(46,963)	(491,673)	—	$	(574,531)

Non-PEO NEO Average Total Compensation Amount

$ 1,400,045

$ 4,833,000

$ 5,275,059

$ 2,702,433

$ 2,707,751

Non-PEO NEO Average Compensation Actually Paid Amount

$ (158,386)

(288,099)

1,625,479

(818,332)

9,822,525

Adjustment to Non-PEO NEO Compensation Footnote


Year	Summary Compensation Table Total for PEO 1 ($)		Exclusion of Stock Awards for PEO 1 ($)		Inclusion of Equity Values for PEO 1 ($)		Compensation Actually Paid to PEO 1 ($)
2025	$	8,498,571	$	(6,729,960)	$	(4,011,334)	$	(2,242,723)


Year	Summary Compensation Table Total for PEO 2 ($)		Exclusion of Stock Awards for PEO 2 ($)		Inclusion of Equity Values for PEO 2 ($)		Compensation Actually Paid to PEO 2 ($)
2025	$	1,996,215	$	(832,590)	$	64,149	$	1,227,774


Year	Summary Compensation Table Total for PEO 3 ($)		Exclusion of Stock Awards for PEO 3 ($)	Inclusion of Equity Values for PEO 3 ($)	Compensation Actually Paid to PEO 3 ($)
2025	$	650,000	—	—	$	650,000


Year	Average Summary Compensation Table Total for Non-PEO NEOs ($)		Average Exclusion of Stock Awards for Non-PEO NEOs ($)		Average Inclusion of Equity Values for Non-PEO NEOs ($)		Average Compensation Actually Paid to Non-PEO NEOs ($)
2025	$	1,400,045	$	(983,900)	$	(574,531)	$	(158,386)

The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:


Year	Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for PEO 1 ($)		Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for PEO 1 ($)		Vesting Date Fair Value of Equity Awards Granted During Year that Vested During Year for PEO 1 ($)	Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for PEO 1 ($)		Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for PEO 1 ($)	Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Included for PEO 1 ($)	Total - Inclusion of Equity Values for PEO 1 ($)
2025	$	13,062	$	(1,341,837)	—	$	(265,132)	(2,417,427)	—	$	(4,011,334)


Year	Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for PEO 2 ($)		Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for PEO 2 ($)	Vesting Date Fair Value of Equity Awards Granted During Year that Vested During Year for PEO 2 ($)	Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for PEO 2 ($)	Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for PEO 2 ($)	Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Included for PEO 2 ($)	Total - Inclusion of Equity Values for PEO 2 ($)
2025	$	64,149	—	—	—	—	—	$	64,149


Year	Average Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Non-PEO NEOs ($)		Average Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Non-PEO NEOs ($)		Average Vesting Date Fair Value of Equity Awards Granted During Year that Vested During Year for Non-PEO NEOs ($)	Average Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Non-PEO NEOs ($)		Average Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Non-PEO NEOs ($)	Average Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Included for Non-PEO NEOs ($)	Total - Average Inclusion of Equity Values for Non-PEO NEOs ($)
2025	$	2,177	$	(38,072)	—	$	(46,963)	(491,673)	—	$	(574,531)

Compensation Actually Paid vs. Total Shareholder Return

Relationship Between PEOs and Non-PEO NEO Compensation Actually Paid and Total Shareholder Return (“TSR”)

The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO NEOs, the cumulative TSR over the five most recently completed fiscal years for the Company, and the Philadelphia Semiconductor Index TSR over the same period.

Compensation Actually Paid vs. Net Income

Relationship Between PEOs and Non-PEO NEO Compensation Actually Paid and Net Income

The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO NEOs, and our Net Income during the five most recently completed fiscal years.

Compensation Actually Paid vs. Company Selected Measure

Relationship Between PEOs and Non-PEO NEO Compensation Actually Paid and Revenue

The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO NEOs, and our Revenue during the five most recently completed fiscal years.

Tabular List, Table



Revenue
Non-GAAP Gross Margin
Adjusted EBITDA
Relative TSR

Total Shareholder Return Amount

$ 0.72

39.41

85.63

123.66

170.75

Peer Group Total Shareholder Return Amount

306.52

299.72

190.01

145.19

170.93

Net Income (Loss)

$ (1,609,200,000)

$ (864,200,000)

$ (329,900,000)

$ (200,900,000)

$ (522,500,000)

Company Selected Measure Amount

757,600,000

807,200,000

758,500,000

572,100,000

525,600,000

Additional 402(v) Disclosure

The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.We determined Revenue to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEOs and Non-PEO NEOs in fiscal 2025. This performance measure may not have been the most important financial performance measure for prior years and we may determine a different financial performance measure to be the most important financial performance measure in future years.

Measure:: 1

Revenue

Measure:: 2

Non-GAAP Gross Margin

Measure:: 3

Adjusted EBITDA

Measure:: 4

Relative TSR

Gregg A. Lowe [Member]

PEO Total Compensation Amount

$ 8,498,571

$ 11,399,724

$ 12,477,839

$ 9,282,016

$ 13,287,668

PEO Actually Paid Compensation Amount

(2,242,723)

$ (1,116,224)

$ 7,947,159

$ (2,027,399)

$ 19,320,787

PEO Name

Gregg A. Lowe

Thomas H. Werner [Member]

PEO Total Compensation Amount

1,996,215

PEO Actually Paid Compensation Amount

1,227,774

PEO Name

Thomas H. Werner

Robert A. Feurle [Member]

PEO Total Compensation Amount

650,000

PEO Actually Paid Compensation Amount

650,000

PEO Name

Robert A. Feurle

PEO | Gregg A. Lowe [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

PEO | Gregg A. Lowe [Member] | Equity Awards Adjustments, Excluding Value Reported in Compensation Table

(6,729,960)

PEO | Gregg A. Lowe [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

(4,011,334)

PEO | Gregg A. Lowe [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

13,062

PEO | Gregg A. Lowe [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year

(1,341,837)

PEO | Gregg A. Lowe [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

PEO | Gregg A. Lowe [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year

(265,132)

PEO | Gregg A. Lowe [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year

(2,417,427)

PEO | Thomas H. Werner [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

PEO | Thomas H. Werner [Member] | Equity Awards Adjustments, Excluding Value Reported in Compensation Table

(832,590)

PEO | Thomas H. Werner [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

64,149

PEO | Thomas H. Werner [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

64,149

PEO | Thomas H. Werner [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year

PEO | Thomas H. Werner [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

PEO | Thomas H. Werner [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year

PEO | Thomas H. Werner [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year

PEO | Robert A. Feurle [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

PEO | Robert A. Feurle [Member] | Equity Awards Adjustments, Excluding Value Reported in Compensation Table

Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table

(983,900)

Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

(574,531)

Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

2,177

Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year

(38,072)

Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year

(46,963)

Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year

(491,673)