v3.25.2
Property, Plant and Equipment
6 Months Ended
Jun. 29, 2025
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Note 9. Property, Plant and Equipment

Property, plant and equipment consisted of the following as of the periods presented:

 

 

June 29,
2025

 

 

December 29,
2024

 

Land

 

$

10,011

 

 

$

11,200

 

Land improvements

 

 

888

 

 

 

818

 

Buildings and improvements

 

 

30,607

 

 

 

30,607

 

Vehicles

 

 

1,775

 

 

 

1,468

 

Machinery and equipment

 

 

60,535

 

 

 

58,847

 

Leasehold improvements

 

 

491

 

 

 

491

 

Furniture and fixtures

 

 

575

 

 

 

531

 

Construction in progress

 

 

46,482

 

 

 

14,456

 

 

 

151,364

 

 

 

118,418

 

Less: Accumulated depreciation and amortization

 

 

(40,209

)

 

 

(33,897

)

Property, plant and equipment, net

 

$

111,155

 

 

$

84,521

 

During the 13-week periods ended June 29, 2025 and June 30, 2024, depreciation of property, plant and equipment was approximately $2,401 and $2,350, respectively. During the 26-week periods ended June 29, 2025 and June 30, 2024, depreciation of property, plant and equipment was approximately $4,620 and $4,647, respectively.

During the 26-week period ended June 29, 2025, the Company elected to sell certain parcels of land located in Indiana previously purchased for the development of “accelerator farms” that in the aggregate total approximately 408 acres. Such parcels of land met the criteria to be classified as assets held for sale. As of June 29, 2025, approximately 328 acres remain to be sold with a carrying amount of $2.7 million classified as assets held for sale in the condensed consolidated balance sheets and are expected to be disposed of by the end of fiscal 2025.