v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 28, 2025
Dec. 31, 2024
Current assets:    
Cash $ 26,943 $ 56,398
Trade receivables, net 88,549 32,299
Inventories, net 78,653 77,101
Income tax receivable 8,888 3,964
Prepaid expenses and other current assets 11,335 8,536
Total current assets 214,368 178,298
Property and equipment, net 114,415 112,848
Equity method investment 26,332 24,891
Deferred tax assets 729 729
Operating lease right-of-use assets 25,699 28,259
Goodwill 154,995 152,625
Intangible assets, net 282,305 292,913
Other assets 3,299 3,644
Total assets 822,142 794,207
Current liabilities:    
Current maturities of long-term debt 3,250 3,250
Current operating lease liabilities 6,930 7,176
Accrued expenses and other current liabilities 53,520 47,410
Total current liabilities 89,868 70,977
Long-term debt, net of discount, debt issuance costs, and current portion 278,243 278,271
Deferred income tax liabilities, net 32,347 32,347
Non-current operating lease liabilities 19,643 22,138
Other long-term liabilities 3,613 3,252
Total liabilities 423,714 406,985
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.0001 par value; 100,000,000 shares authorized as of both June 28, 2025 and December 31, 2024; no shares issued and outstanding as of both June 28, 2025 and December 31, 2024 0 0
Common stock, $0.0001 par value; 900,000,000 shares authorized as of June 28, 2025 and December 31, 2024; 116,536,129 and 115,764,839 shares issued and outstanding, as of June 28, 2025 and December 31, 2024, respectively 12 12
Additional paid-in capital 468,065 467,076
Accumulated deficit (64,798) (74,816)
Accumulated other comprehensive loss (4,851) (5,050)
Total stockholders' equity 398,428 387,222
Total liabilities and stockholders' equity 822,142 794,207
Nonrelated Party    
Current liabilities:    
Accounts payable $ 26,168 $ 13,141