Stock-based Compensation Expense |
6 Months Ended |
|---|---|
Jun. 27, 2026 | |
| Share-Based Payment Arrangement, Noncash Expense [Abstract] | |
| Stock-based Compensation Expense | STOCK-BASED COMPENSATION EXPENSE The Company recognizes compensation expense relating to share-based payments based on the fair value of the equity instrument issued and records such expense in selling and administrative expenses in the Company's consolidated condensed statements of operations. The Company's stock compensation expense was $46 and $61 for the three months ended June 27, 2026 and June 28, 2025, respectively and $88 and $162 for the six months ended June 27, 2026 and June 28, 2025, respectively. On March 12, 2026, the Company issued 247,458 shares of restricted stock to certain key employees. The grant-date fair value of the awards was $105, or $0.425 per share, and is expected to be recognized as stock compensation expense over a weighted-average period of 5.7 years from the date the awards were granted. Each award is subject to a continued service condition. The fair value of each restricted stock awarded was equal to the market value of a share of the Company's Common Stock on the grant date. On May 6, 2026, the Company issued 32,000 shares of restricted stock to the Company's non-employee directors. The grant-date fair value of the awards was $12, or $0.360 per share, and is expected to be recognized as stock compensation expense over a weighted-average period of 1.0 year from the date the awards were granted. Each award is subject to a continued service condition. The fair value of each restricted stock awarded was equal to the market value of a share of the Company's Common Stock on the grant date.
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