v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 27, 2026
Jun. 28, 2025
Cash flows from operating activities:    
Net income (loss) $ (12,078) $ (92,931)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 13,549 15,682
Non-cash lease expense 985 2,889
Share-based compensation expense 13,919 10,157
Amortization of debt issuance costs and debt discount 3,652 1,970
Loss on sale and write-down of fixed assets 162 223
Equity in losses of unconsolidated joint venture 32 70
Remeasurement of delayed draw term loan warrant liability (1,224) 0
Remeasurement of derivative liability (8,053) 0
Gain on debt extinguishment (63,789) 0
Unrealized losses (gains) on foreign currency transactions 3,093 (11,161)
Paid-in-kind interest 6,315 0
Net change in operating assets and liabilities:    
Accounts receivable 168 (9,291)
Inventories 20,580 11,240
Prepaid expenses and other current assets (8,540) (2,850)
Accounts payable 5,140 25,710
Accrued expenses and other current liabilities 4,006 (3,638)
Prepaid lease costs, non-current (155) (3,888)
Operating lease liabilities (918) (2,156)
Net cash used in operating activities (23,156) (57,974)
Cash flows from investing activities:    
Purchases of property, plant and equipment (4,015) (6,423)
Proceeds from sales of fixed assets 1,924 348
Payments of security deposits (204) 0
Net cash used in investing activities (2,295) (6,075)
Cash flows from financing activities:    
Proceeds from delayed draw term loan 0 40,000
Payments of debt issuance costs 0 (6,498)
Principal payments under finance lease obligations (3,594) (937)
Proceeds from exercise of stock options 0 6
Payments of minimum withholding taxes on net share settlement of equity awards (3,019) (312)
Net cash (used in) provided by financing activities (6,613) 32,259
Effect of foreign currency exchange rate changes on cash 668 3,505
Net decrease in cash, cash equivalents and restricted cash (31,396) (28,285)
Cash, cash equivalents and restricted cash at the beginning of the period 217,531 145,554
Cash, cash equivalents and restricted cash at the end of the period 186,135 117,269
Cash paid during the period for:    
Taxes 0 2
Non-cash investing and financing activities:    
Conversion of 2030 Notes by issuance of common stock 54,627 0
Issuance of delayed draw term loan warrants 0 20,143
Non-cash additions to property, plant and equipment 161 1,345
Operating lease right-of-use assets obtained in exchange for lease liabilities 83 2,082
Reclassification of pre-paid lease costs to finance lease right-of-use assets 0 19,929
Non-cash additions to finance leases $ 0 $ 10,091