| Schedule of Prepaid Expenses and Other Current Assets |
Prepaid
expenses and other current assets consist of the following (in thousands):
| | |
As
of | |
| | |
March
29, | | |
December 28, | |
| | |
2026 | | |
2025 | |
| Costs
to obtain contracts and costs to fulfill contracts (1) | |
$ | 17,161 | | |
$ | 7,361 | |
| Other | |
| 10,691 | | |
| 9,552 | |
| Total
prepaid expenses and other current assets | |
$ | 27,852 | | |
$ | 16,913 | |
| (1) | Costs to obtain contracts and costs to fulfill contracts with customers are recognized within sales commissions and cost of revenues, respectively, when the related revenue is recognized. |
|
Prepaid
expenses and other current assets consist of the following (in thousands):
| |
|
As of |
|
| |
|
December 28, |
|
|
December 29, |
|
| |
|
2025 |
|
|
2024 |
|
| Costs to obtain contracts and costs to fulfill contracts (1) |
|
$ |
7,361 |
|
|
$ |
3,759 |
|
| Other |
|
|
9,552 |
|
|
|
4,447 |
|
| Total prepaid expenses and other current assets |
|
$ |
16,913 |
|
|
$ |
8,206 |
|
| (1) | Costs to obtain contracts and costs to fulfill contracts with customers are recognized
within sales commissions and cost of revenues, respectively, when the related revenue is recognized. |
|
| Schedule of Accrued Expenses and Other Current Liabilities |
Accrued
expenses and other current liabilities consist of the following (in thousands):
| | |
As
of | |
| | |
March
29, | | |
December 28, | |
| | |
2026 | | |
2025 | |
| Accrued
compensation and benefits | |
$ | 14,746 | | |
$ | 7,202 | |
| Income
taxes payable | |
| 278 | | |
| 278 | |
| Professional
fees | |
| 70 | | |
| 70 | |
| Accrued
legal settlements | |
| 9,500 | | |
| 9,500 | |
| Accrued
rebates and credits | |
| 6,269 | | |
| 7,564 | |
| Deferred
financing fees | |
| 4,868 | | |
| 4,868 | |
| Investor financing deposits with related parties | |
| 5,392 | | |
| 2,000 | |
| Accrued
interest (1) | |
| 4,093 | | |
| 6,301 | |
| Other
| |
| 24,790 | | |
| 19,194 | |
| Total
accrued expenses and other current liabilities | |
$ | 70,006 | | |
$ | 56,977 | |
| (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. |
|
Accrued
expenses and other current liabilities consist of the following (in thousands):
| | |
As of | |
| | |
December 28, | | |
December 29, | |
| | |
2025 | | |
2024 | |
| Accrued compensation and benefits | |
$ | 7,202 | | |
$ | 6,619 | |
| Income taxes payable | |
| 278 | | |
| — | |
| Professional fees | |
| 70 | | |
| 8,028 | |
| Accrued legal settlements | |
| 9,500 | | |
| 7,700 | |
| Accrued rebates and credits | |
| 7,564 | | |
| 7,641 | |
| Deferred financing fees | |
| 4,868 | | |
| 4,674 | |
| Investor financing deposit with related party (1) | |
| 2,000 | | |
| — | |
| Accrued interest (2) | |
| 6,301 | | |
| 4,523 | |
| Other (3) | |
| 19,194 | | |
| 16,896 | |
| Total accrued expenses and other current liabilities | |
$ | 56,977 | | |
$ | 56,081 | |
| (1) | The Company received a deposit of $2.0 million from the Rodgers Massey Revocable Living Trust (“Rodgers Revocable Trust”), a related party, in fiscal 2025. In January 2026, these proceeds along with an additional $1.3 million received in January 2026 was converted to a 12.0% convertible promissory note. Refer to Note 20 – Subsequent Events – 12.0% Convertible Promissory Note for further details. | | (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. | | (3) | No individual items exceed 5% of total current liabilities. |
|
| Schedule of Property and Equipment, Net |
|
Property
and equipment, net consist of the following (in thousands):
| | |
As
of | |
| | |
December 28, | | |
December 29, | |
| | |
2025 | | |
2024 | |
| Internal-use software | |
$ | 308 | | |
$ | 420 | |
| Equipment | |
| 145 | | |
| 73 | |
| Furniture and equipment | |
| 1,112 | | |
| 724 | |
| Vehicles | |
| 6,824 | | |
| 5,174 | |
| Leasehold
improvements | |
| 378 | | |
| 18 | |
| Total
property and equipment | |
| 8,767 | | |
| 6,409 | |
| Less:
accumulated depreciation and amortization | |
| (3,877 | ) | |
| (916 | ) |
| Total
property and equipment, net | |
$ | 4,890 | | |
$ | 5,493 | |
|