v3.25.2
Common Stock
6 Months Ended
Jun. 29, 2025
Equity [Abstract]  
Common Stock

Note 14. Common Stock

As of June 29, 2025, the Company’s amended and restated certificate of incorporation authorized the Company to issue 310,000,000 shares of common stock, par value $0.0001 per share, of which 44,661,608 shares were issued and outstanding.

The voting, dividend and liquidation rights of the holders of the Company’s common stock are subject to and qualified by the rights, powers and preferences of the holders of the preferred stock, if any. Each share of the Company’s common stock is entitled to one vote on all matters submitted to a vote of the Company’s stockholders. Holders of the Company’s common stock are entitled to receive dividends as may be declared by the Company’s Board of Directors (the “Board of Directors”), if any, subject to the preferential dividend rights of preferred stock, if any. No cash dividends were declared or paid during the periods presented.

As of each balance sheet date, the Company had reserved shares of common stock for issuance in connection with the following:

 

 

June 29,
2025

 

 

December 29,
2024

 

Options to purchase common stock

 

 

1,282,400

 

 

 

1,703,287

 

Restricted stock units (“RSUs”)

 

 

627,073

 

 

 

644,141

 

Performance stock units (“PSUs”)

 

 

361,816

 

 

 

238,764

 

Shares available for grant under the 2020 Equity Incentive
   Plan (“2020 Incentive Plan”) and 2020 Employee Stock
   Purchase Plan (“2020 ESPP”)

 

 

16,782,529

 

 

 

14,887,764

 

Total

 

 

19,053,818

 

 

 

17,473,956