Common Stock and Common Stock Warrants (Tables)

3 Months Ended

12 Months Ended

Mar. 29, 2026

Dec. 28, 2025

The Company has reserved shares of common stock for issuance related to the following:

	As of
	March 29,		December 28,
	2026		2025
Common stock warrants		25,670,265		25,670,265
Employee stock purchase plan		3,174,434		3,174,434
Stock options and RSUs, issued and outstanding		18,299,560		19,164,660
Stock options and RSUs, authorized for future issuance		11,603,508		11,603,508
SAFE Agreement		2,750,000		2,750,000
Forward purchase agreements		6,720,000		6,720,000
Convertible notes		82,635,442		82,460,428
Deferred purchase price consideration		4,973,840		11,640,506
Total shares reserved		155,827,049		163,183,801

The Company has reserved shares of common stock for issuance related to the following:

	As of
	December 28,		December 29,
	2025		2024
Common stock warrants		25,670,265		31,670,265
Employee stock purchase plan		3,174,434		2,628,996
Stock options and RSUs, issued and outstanding		19,164,660		11,979,368
Stock options and RSUs, authorized for future issuance		11,603,508		2,577,895
SAFE Agreement		2,750,000		2,750,000
Forward purchase agreements		6,720,000		6,720,000
Convertible notes		82,460,428		58,579,636
Deferred purchase price consideration		11,640,506		—
Total shares reserved		163,183,801		116,906,160

The potential number of shares of the Company’s common stock for outstanding warrants were as follows:

	Potential shares of common stock as of				Exercise
	March 29, 2026 ⁽¹⁾		December 28, 2025 ⁽¹⁾		price per share		Expiration date
Liability classified warrants
Public Warrants		8,625,000		8,625,000	$	11.50	July 18, 2028 ⁽²⁾
Private Placement Warrants		6,266,667		6,266,667		11.50	July 18, 2028 ⁽²⁾
Working Capital Warrants		716,668		716,668		11.50	July 18, 2028 ⁽²⁾
Total shares of common stock – liability classified warrants		15,608,335		15,608,335
Equity classified warrants
Series B Warrants (converted to common stock warrants)		5,054		5,054	$	4.30	February 2026
Series C Warrants (converted to common stock warrants)		482,969		482,969		1.00	July 2026
Series C-1 Warrants (converted to common stock warrants)		173,067		173,067		0.01	January 2030
SVB Common Stock Warrants		2,473		2,473		0.38	2033
SVB Common Stock Warrants		2,525		2,525		0.62	2033
Promissory Note Common Stock Warrants		24,148		24,148		0.01	October 2031
July 2023 Common Stock Warrants		38,981		38,981		0.01	July 2028
Common Stock Warrants Issued in 2023 (“Merger Warrants”)		6,266,572		6,266,572		11.50	July 18, 2033
Cantor Warrant		3,066,141		3,066,141		1.68	June 2029
Total shares of common stock – equity classified warrants		10,061,930		10,061,930
Total potential shares of common stock		25,670,265		25,670,265

⁽¹⁾	Excludes the 2025 Cantor Warrant which was not issued as of March 29, 2026.

⁽²⁾	The warrants expire five years after the Closing date of the Mergers, which date was July 18, 2023, or earlier upon redemption or liquidation.

The potential number of shares of the Company’s common stock for outstanding warrants were as follows:

	Potential shares of common stock as of				Exercise
	December 28, 2025 ⁽¹⁾		December 29, 2024		price per share		Expiration date
Liability classified warrants
Public Warrants		8,625,000		8,625,000	$	11.50	July 18, 2028 ⁽²⁾
Private Placement Warrants		6,266,667		6,266,667		11.50	July 18, 2028 ⁽²⁾
Working Capital Warrants		716,668		716,668		11.50	July 18, 2028 ⁽²⁾
Total shares of common stock – liability classified warrants		15,608,335		15,608,335
Equity classified warrants
Series B Warrants (converted to common stock warrants)		5,054		5,054	$	4.30	February 2026
Series C Warrants (converted to common stock warrants)		482,969		482,969		1.00	July 2026
Series C-1 Warrants (converted to common stock warrants)		173,067		173,067		0.01	January 2030
SVB Common Stock Warrants		2,473		2,473		0.38	2033
SVB Common Stock Warrants		2,525		2,525		0.62	2033
Promissory Note Common Stock Warrants		24,148		24,148		0.01	October 2031
July 2023 Common Stock Warrants		38,981		38,981		0.01	July 2028
Common Stock Warrants Issued in 2023 (“Merger Warrants”)		6,266,572		6,266,572		11.50	July 18, 2033
Ayna Warrant		—		6,000,000		0.01	June 2029
Cantor Warrant		3,066,141		3,066,141		1.68	June 2029
Total shares of common stock – equity classified warrants		10,061,930		16,061,930
Total potential shares of common stock		25,670,265		31,670,265

⁽¹⁾	Excludes the 2025 Cantor Warrant (as defined below) which was not issued as of December 28, 2025.
⁽²⁾	The warrants expire five years after the Closing date of the Mergers, which date was July 18, 2023, or earlier upon redemption or liquidation.