v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 28, 2026
Dec. 31, 2025
Current assets:    
Cash $ 27,481 $ 71,043
Trade receivables, net 89,213 39,914
Inventories, net 87,609 74,926
Income tax receivable 15,203 12,178
Prepaid expenses and other current assets 10,367 20,943
Total current assets 229,873 219,004
Property and equipment, net 138,154 118,820
Equity method investment 27,317 26,482
Deferred tax assets 1,056 718
Operating lease right-of-use assets 29,621 30,723
Goodwill 161,144 155,189
Intangible assets, net 265,541 268,073
Other assets 3,699 4,214
Total assets 856,405 823,223
Current liabilities:    
Accounts payable 29,874 19,283
Revolving credit facility 31,000 0
Current maturities of long-term debt 3,250 3,250
Income tax payable 619 0
Current operating lease liabilities 6,792 7,630
Accrued expenses and other current liabilities 50,732 48,979
Total current liabilities 122,267 79,142
Long-term debt, net of discount, debt issuance costs, and current portion 276,983 276,591
Deferred income tax liabilities, net 34,269 34,269
Non-current operating lease liabilities 23,633 23,964
Other long-term liabilities 2,551 3,396
Total liabilities 459,703 417,362
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 100,000,000 shares authorized as of both September 27, 2025 and December 31, 2024; no shares issued and outstanding as of both September 27, 2025 and December 31, 2024 0 0
Common stock, $0.0001 par value; 900,000,000 shares authorized as of September 27, 2025 and December 31, 2024; 116,655,775 and 115,764,839 shares issued and outstanding, as of September 27, 2025 and December 31, 2024, respectively 12 12
Additional paid-in capital 472,145 473,423
Accumulated deficit (72,226) (63,692)
Accumulated other comprehensive loss (3,229) (3,882)
Total stockholders’ equity 396,702 405,861
Total liabilities and stockholders’ equity $ 856,405 $ 823,223