v3.25.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended
Aug. 02, 2025
Jul. 27, 2024
Revenue:    
Revenue $ 454,676,000 $ 189,483,000
Cost of sales:    
Cost of sales 359,558,000 108,016,000
Gross margin:    
Total gross margin 95,118,000 81,467,000
Selling, general and administrative 131,276,000 33,795,000
Research and development 33,114,000 24,613,000
(Loss) income from operations (69,272,000) 23,059,000
Other (loss) income:    
Interest expense, net (17,415,000) (239,000)
Other income (expense), net 2,361,000 (234,000)
(Loss) income before income taxes (84,326,000) 22,586,000
(Benefit from) provision for income taxes (15,169,000) 1,485,000
Equity method investment income, net of tax 1,787,000 65,000
Net (loss) income $ (67,370,000) $ 21,166,000
Net (loss) income per share    
Basic (in dollars per share) $ (1.44) $ 0.76
Diluted (in dollars per share) $ (1.44) $ 0.75
Weighted-average shares outstanding:    
Basic (in shares) 46,882,350 27,959,692
Diluted (in shares) 46,882,350 28,281,827
Product sales    
Revenue:    
Revenue $ 313,533,000 $ 159,504,000
Cost of sales:    
Cost of sales 230,687,000 85,519,000
Gross margin:    
Total gross margin 82,846,000 73,985,000
Contract services    
Revenue:    
Revenue 141,143,000 29,979,000
Cost of sales:    
Cost of sales 128,871,000 22,497,000
Gross margin:    
Total gross margin $ 12,272,000 $ 7,482,000