v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 29, 2026
Jun. 30, 2025
Jun. 29, 2026
Jun. 30, 2025
Dec. 29, 2025
Operating activities          
Net loss $ (27,798,000) $ (5,658,000) $ (20,064,000) $ (6,450,000)  
Adjustments to reconcile net income (loss) to net cash used in operating activities:          
Depreciation and amortization     14,753,000 13,840,000  
Bad debt expense     (3,000) (22,000)  
Non-cash operating lease expense     2,233,000 1,933,000  
Finance lease right-of-use amortization 34,000 38,000 70,000 77,000  
Non-cash interest on financing leases 3,000 6,000 6,000 13,000  
Amortization of discount on debt     434,000 496,000  
Provision for excess and obsolete inventory     243,000 930,000  
Stock-based compensation     13,163,000 227,000  
Loss on debt extinguishment     1,260,000 0  
Deferred taxes     156,000 0  
Change in operating assets and liabilities          
Trade receivables, net     (380,000) 111,000  
Inventories     (1,511,000) (7,211,000)  
Prepaid expenses and other current assets     (991,000) (1,263,000)  
Other assets     (30,000) (37,000)  
Accounts payable     (3,294,000) 224,000  
Accrued compensation     (3,977,000) (3,260,000)  
Accrued expenses     (7,565,000) (716,000)  
Deferred transaction costs     2,536,000 0  
Operating lease obligations     (2,189,000) (1,933,000)  
Net cash used in operating activities     (5,150,000) (3,041,000)  
Investing activities          
Purchase of intangible assets     (514,000) (14,000)  
Purchase of property and equipment     (13,407,000) (6,395,000)  
Net cash used in investing activities     (13,921,000) (6,409,000)  
Financing activities          
Proceeds from revolving loan     0 5,000,000  
Principal payments on financing lease obligations     (447,000) (85,000) $ (170,000)
Repayments of term loan     (101,626,000) (1,370,000)  
Prepayment premium on debt extinguishment (1,000,000.0)   (1,013,000) 0  
Repayments of revolver loan     (40,000,000) 0  
Proceeds from the IPO, net underwriting discounts and offering expenses     164,829,000 0  
Payments for settlement of incentive units     (13,102,000) 0  
Distributions     0 (1,810,000)  
Net cash used in financing activities     8,641,000 1,735,000  
Change in cash and restricted cash     (10,430,000) (7,715,000)  
Cash and restricted cash at beginning of period     32,025,000 16,882,000 16,882,000
Cash and restricted cash at end of period $ 21,595,000 $ 9,167,000 21,595,000 9,167,000 $ 32,025,000
Supplemental Disclosure of Cash Flow Information          
Cash paid for interest     5,916,000 16,822,000  
Cash paid for income taxes     490,000 0  
Supplemental Disclosures of Non-Cash Activities          
Amounts included in accounts payable for equipment purchased     (4,000) 41,000  
Operating lease liabilities arising from obtaining operating lease assets     $ 3,277,000 $ 3,428,000