v3.25.2
Condensed Consolidated Statements of Shareholders’ Equity - USD ($)
$ in Thousands
Total
Total Shareholders’ Equity, SkyWater Technology, Inc.
Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Noncontrolling Interests
Preferred stock, balance at the beginning (in shares) at Dec. 31, 2023     0        
Common stock, balance at the beginning (in shares) at Dec. 31, 2023       47,028,000      
Beginning balance at Dec. 31, 2023 $ 60,701 $ 53,740 $ 0 $ 470 $ 178,473 $ (125,203) $ 6,961
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common stock pursuant to equity compensation plans (in shares)       440,000      
Issuance of common stock pursuant to equity compensation plans 1,260 1,260   $ 4 1,256    
Equity-based compensation 4,088 4,088     4,088    
Contribution from noncontrolling interest 323           323
Distribution to noncontrolling interest (3,965)           (3,965)
Net (loss) income (5,587) (7,626)       (7,626) 2,039
Preferred stock, balance at the end (in shares) at Jun. 30, 2024     0        
Common stock, balance at the end (in shares) at Jun. 30, 2024       47,468,000      
Ending balance at Jun. 30, 2024 56,820 51,462 $ 0 $ 474 183,817 (132,829) 5,358
Preferred stock, balance at the beginning (in shares) at Mar. 31, 2024     0        
Common stock, balance at the beginning (in shares) at Mar. 31, 2024       47,338,000      
Beginning balance at Mar. 31, 2024 59,401 51,343 $ 0 $ 473 181,802 (130,932) 8,058
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common stock pursuant to equity compensation plans (in shares)       130,000      
Issuance of common stock pursuant to equity compensation plans 0 0   $ 1 (1)    
Equity-based compensation 2,016 2,016     2,016    
Contribution from noncontrolling interest 323           323
Distribution to noncontrolling interest (3,965)           (3,965)
Net (loss) income (955) (1,897)       (1,897) 942
Preferred stock, balance at the end (in shares) at Jun. 30, 2024     0        
Common stock, balance at the end (in shares) at Jun. 30, 2024       47,468,000      
Ending balance at Jun. 30, 2024 $ 56,820 51,462 $ 0 $ 474 183,817 (132,829) 5,358
Preferred stock, balance at the beginning (in shares) at Dec. 29, 2024 0   0        
Common stock, balance at the beginning (in shares) at Dec. 29, 2024 47,704,000     47,704,000      
Beginning balance at Dec. 29, 2024 $ 63,490 57,614 $ 0 $ 478 189,132 (131,996) 5,876
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common stock pursuant to equity compensation plans (in shares)       453,000      
Issuance of common stock pursuant to equity compensation plans 725 725   $ 7 718    
Equity-based compensation 4,220 4,220     4,220    
Contribution from noncontrolling interest 626           626
Distribution to noncontrolling interest (2,020)           (2,020)
Net (loss) income $ (15,075) (17,323)       (17,323) 2,248
Preferred stock, balance at the end (in shares) at Jun. 29, 2025 0   0        
Common stock, balance at the end (in shares) at Jun. 29, 2025 48,176,000     48,157,000      
Ending balance at Jun. 29, 2025 $ 51,966 45,236 $ 0 $ 485 194,070 (149,319) 6,730
Preferred stock, balance at the beginning (in shares) at Mar. 30, 2025     0        
Common stock, balance at the beginning (in shares) at Mar. 30, 2025       48,034,000      
Beginning balance at Mar. 30, 2025 59,436 53,407 $ 0 $ 484 192,264 (139,341) 6,029
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common stock pursuant to equity compensation plans (in shares)       123,000      
Issuance of common stock pursuant to equity compensation plans (534) (534)   $ 1 (535)    
Equity-based compensation 2,341 2,341     2,341    
Contribution from noncontrolling interest 0            
Distribution to noncontrolling interest (420)           (420)
Net (loss) income $ (8,857) (9,978)       (9,978) 1,121
Preferred stock, balance at the end (in shares) at Jun. 29, 2025 0   0        
Common stock, balance at the end (in shares) at Jun. 29, 2025 48,176,000     48,157,000      
Ending balance at Jun. 29, 2025 $ 51,966 $ 45,236 $ 0 $ 485 $ 194,070 $ (149,319) $ 6,730