v3.25.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Dec. 28, 2024
Cash flows from operating activities:          
Net loss $ (22,808) $ (70,646) $ (110,081) $ (62,039)  
Adjustments to reconcile net loss to net cash used in operating activities:          
Depreciation and amortization     4,385 11,116  
Gain (Loss) on Investments     394 (375)  
Stock-based compensation     9,076 12,458  
Provision for inventory excess and obsolescence     1,015 11,715  
Change in fair value of term loan     2,687 4,746  
Debt issuance costs expensed under fair value option     16,828 477  
Deferred income taxes, net     292 (1,682)  
Other     3,112 (3,858)  
Changes in operating assets and liabilities — (use) source          
Accounts receivable     (3,735) 9,240  
Inventory     (12,816) 35,848  
Other assets     5,700 26,117  
Accounts payable     59,428 (63,875)  
Accrued expenses and other liabilities     (32,114) (871)  
Net cash used in operating activities     (56,617) (20,233)  
Cash flows from investing activities:          
Additions of property and equipment     0 (118)  
Purchase of investments     (14) (46)  
Net cash used in investing activities     (14) (164)  
Cash flows from financing activities:          
Income tax withholding payment associated with restricted stock vesting     (257) (463)  
Proceeds from issuance of common stock, net of issuance costs     0 17,942  
Repayment of term loan     (4,000) (34,947)  
Payment of debt issuance costs       (477)  
Net cash used in financing activities     (4,257) (17,945)  
Effect of exchange rate changes on cash, cash equivalents and restricted cash     1,914 853  
Net decrease in cash, cash equivalents and restricted cash     (58,974) (37,489)  
Cash, cash equivalents and restricted cash, at beginning of period     137,951 187,887 $ 187,887
Cash, cash equivalents and restricted cash, at end of period 78,977 150,398 78,977 150,398 137,951
Cash, cash equivalents and restricted cash, at end of period:          
Cash and cash equivalents 40,568 108,513 40,568 108,513 134,303
Restricted cash 36,000 40,543 36,000 40,543 1,259
Restricted cash, non-current (included in other assets) 2,409 1,342 2,409 1,342  
Cash, cash equivalents and restricted cash, at end of period $ 78,977 $ 150,398 $ 78,977 $ 150,398 $ 137,951