v3.26.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 29, 2026
Dec. 28, 2025
Dec. 29, 2024
Current assets:      
Cash and cash equivalents $ 9,488 $ 9,617 $ 13,378
Trade accounts receivable, net of allowance for credit losses 80,585 81,946  
Inventories 4,098 4,375 22,110
Prepaid expenses and other current assets 27,852 16,913 8,206
Contract assets, current portion   14,122 26,066
Total current assets 122,023 112,851 95,602
Restricted cash 1,134 3,841 3,841
Property and equipment, net 4,557 4,890 5,493
Operating lease right-of-use assets 5,325 4,552 3,041
Intangible assets, net 51,816 50,814 17,385
Goodwill 75,607 62,630 18,476
Other noncurrent assets 1,624 1,609 628
Total assets 262,086 241,187 144,466
Current liabilities:      
Accounts payable 28,348 26,240 7,980
Accrued expenses and other current liabilities 70,006 [1] 56,977 [1],[2] 56,081 [2]
Current portion of long-term notes payable 2,786 2,786
Deferred consideration, current 17,102 16,879  
Contract liabilities 12,634 20,336 10,003
Forward purchase agreement liabilities 5,107 3,965 2,220
Total current liabilities 171,798 154,638 79,442
Warranty provision, noncurrent 3,059 3,059 3,437
Warrant liability 3,746 4,361 1,561
Contract liabilities, noncurrent 794 794 918
Notes payable and derivative liabilities, net of current 99,860 120,159 92,638
Deferred income taxes 1,693 1,300
Deferred consideration, noncurrent 3,165  
Deferred consideration, noncurrent with related party   5,420
Other long-term liabilities 7,503 6,470 10,816
Total liabilities 323,539 331,331 242,005
Commitments and contingencies (Note 11)
Stockholders’ (deficit):      
Common stock value 16 16 14
Additional paid-in capital 389,849 366,408 313,661
Accumulated other comprehensive income 165 165 165
Accumulated deficit (451,483) (456,733) (411,379)
Total stockholders’ (deficit) (61,453) (90,144) (97,539)
Total liabilities and stockholders’ (deficit) 262,086 241,187 144,466
Previously Reported      
Current assets:      
Trade accounts receivable, net of allowance for credit losses   67,824 25,842
Current liabilities:      
Deferred consideration, current   5,420
Deferred consideration, current with related party   16,879
Related Party      
Current liabilities:      
Short-term debt with related parties 21,500 21,500 1,500
Deferred consideration, current with related party 5,420  
SAFE Agreement with related party 579 535 384
Forward purchase agreement liabilities with related parties   1,274
Notes payable and derivative liabilities with related parties, net of current 31,921 35,130 $ 53,193
Deferred consideration, noncurrent with related party 5,420  
Third Parties      
Current liabilities:      
Short-term debt with third parties $ 13,736  
[1]

Includes accrued interest due to related parties of $2.2 million and $2.6 million as of March 29, 2026, and December 28, 2025, respectively.

 

Includes investor financing deposit with related party of $5.4 million and $2.0 million as of March 29, 2026, and December 28, 2025, respectively.
[2] Includes accrued interest due to related parties of $2.6 million and $2.5 million as of December 28, 2025 and December 29, 2024, respectively, and includes investor financing deposit with related party of $2.0 million as of December 28, 2025.