v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 29, 2025
Dec. 31, 2024
Current assets:    
Cash $ 23,966 $ 56,398
Trade receivables, net 83,760 32,299
Inventories, net 86,863 77,101
Income tax receivable 8,588 3,964
Prepaid expenses and other current assets 8,363 8,536
Total current assets 211,540 178,298
Property and equipment, net 112,000 112,848
Equity method investment 25,844 24,891
Deferred tax assets 729 729
Operating lease right-of-use assets 27,154 28,259
Goodwill 154,681 152,625
Intangible assets, net 289,230 292,913
Other assets 3,407 3,644
Total assets 824,585 794,207
Current liabilities:    
Accounts payable 28,035 13,141
Current maturities of long-term debt 3,250 3,250
Current operating lease liabilities 7,100 7,176
Accrued expenses and other current liabilities 44,640 47,410
Total current liabilities 83,025 70,977
Long-term debt, net of discount, debt issuance costs, and current portion 303,663 278,271
Deferred income tax liabilities, net 32,347 32,347
Non-current operating lease liabilities 20,951 22,138
Other long-term liabilities 3,457 3,252
Total liabilities 443,443 406,985
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.0001 par value; 100,000,000 shares authorized as of both March 29, 2025 and December 31, 2024; no shares issued and outstanding as of both March 29, 2025 and December 31, 2024 0 0
Common stock, $0.0001 par value; 900,000,000 shares authorized as of March 29, 2025 and December 31, 2024; 116,362,977 and 115,764,839 shares issued and outstanding, as of March 29, 2025 and December 31, 2024, respectively 12 12
Additional paid-in capital 466,741 467,076
Accumulated deficit (80,778) (74,816)
Accumulated other comprehensive loss (4,833) (5,050)
Total stockholders' equity 381,142 387,222
Total liabilities and stockholders' equity $ 824,585 $ 794,207