v3.25.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 02, 2026
Jan. 03, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 19,969 $ 33,730
Restricted cash 1,890 2,065
Accounts receivable, net 30,179 42,988
Contract assets, current 110,276 46,603
Prepaids and other current assets 13,067 15,614
TOTAL CURRENT ASSETS 175,381 141,000
Property, plant and equipment, net 10,571 19,132
Intangible assets, net 4,091 6,667
Contract assets, non-current 0 23,517
Lease right-of-use assets 16,466 24,232
Investment in unconsolidated joint ventures 11,866 19,016
Other assets 388 300
TOTAL ASSETS 218,763 233,864
CURRENT LIABILITIES    
Accounts payable 69,542 46,475
Contract liabilities, current 53,760 102,524
Accrued expenses 34,172 38,556
Current portion of long-term debt, net 4,143 0
Other current liabilities 34,499 42,709
TOTAL CURRENT LIABILITIES 196,116 230,264
Long-term debt, less current portion, net 60,316 9,478
Lease liabilities, non-current 11,913 15,987
Contract liabilities, non-current 453 113
Contingent consideration 5,203 4,686
Other liabilities 1,402 8,010
TOTAL LIABILITIES 275,403 268,538
Commitments and Contingencies (Note 12)
STOCKHOLDERS' DEFICIT    
Common stock, $0.01 par value, 100,000,000 shares authorized as of January 2, 2026 and January 3, 2025; 36,035,559 and 34,271,214 shares issued and outstanding as of January 2, 2026 and January 3, 2025, respectively 360 343
Additional paid-in-capital 46,795 43,353
Retained deficit (103,795) (78,211)
Non-controlling interests 0 (159)
TOTAL STOCKHOLDERS' DEFICIT (56,640) (34,674)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 218,763 $ 233,864