v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 27, 2026
Dec. 27, 2025
Current assets:    
Cash and cash equivalents $ 30,655 $ 31,782
Restricted cash 10,000 10,300
Accounts receivable, net of allowances of $72 (2026) and $33 (2025) 3,149 2,411
Inventories 26,871 3,383
Prepaid expenses and other current assets 734 332
Total current assets 71,409 48,208
Property and equipment, net 222 300
Operating lease right-of-use assets 1,267 541
Other assets 415 428
Total assets 73,313 49,477
Current liabilities:    
Accounts payable 41,369 20,612
Revolving line of credit 2,627 1,788
Accrued payroll and related liabilities 1,538 852
Deferred revenue 3,023 30,570
Other current liabilities 592 818
Debt due within one year 162  
Total current liabilities 49,311 54,640
Operating lease liabilities 800 23
Other liabilities 19 17
Total liabilities 50,130 54,680
Commitments and contingencies
Stockholders' equity (deficit):    
Preferred stock, $0.001 par value-10,000 shares authorized: Series A preferred stock, $0.001 par value; 1,000 shares authorized; none issued and outstanding
Common stock, $0.001 par value-675,000 shares authorized; 333,894 (2026) and 307,337 (2025) shares issued and outstanding 335 308
Additional paid-in capital 375,312 357,001
Accumulated deficit (352,464) (362,512)
Total stockholders' equity (deficit) 23,183 (5,203)
Total liabilities and stockholders' equity (deficit) $ 73,313 $ 49,477