Commitments and Contingencies |
3 Months Ended |
|---|---|
Mar. 30, 2026 | |
| Suja Life Holdings, L.P. | |
| Other Commitments [Line Items] | |
| Commitments and Contingencies | Commitments and Contingencies Legal contingencies From time to time, the Company is party to certain legal proceedings. The Company will accrue losses for a legal proceeding when it is probable that a loss has been incurred and the amount of the loss can be reasonably estimated. However, the uncertainties inherent in legal proceedings make it difficult to reasonably estimate the costs and effects of resolving these matters. Accordingly, actual costs incurred may differ materially from amounts accrued, may exceed applicable insurance coverage and could materially affect the Company’s business, cash flows, results of operations, financial condition, and prospects. Benefit plan The Company has a defined contribution plan under Internal Revenue Code Section 401(k). The Company may make discretionary contributions to the plan. During the three months ended March 30, 2026 and March 31, 2025, the contributions to the plan totaled approximately $177 thousand and $149 thousand, respectively, and were recorded as part of operating expenses within the condensed consolidated statements of operations. Letter of credit For the three months ended March 30, 2026 and March 31, 2025, the Company had outstanding standby letters of credit totaling $1,010 thousand and $720 thousand, respectively, all of which expire within one year of issuance date. These instruments were issued primarily to support lease obligations and are fully secured by restricted cash deposits. No amounts had been drawn under this letter of credit for the three months ended March 30, 2026 and March 31, 2025. The Company does not expect to incur any losses under the arrangement.
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