| Summary of segment profit or loss, including significant segment expenses |
The table below is a summary of the segment profit or loss, including significant segment expenses (in thousands): | | | | | | | | | | | | | Thirteen Weeks Ended | | Twenty-Six Weeks Ended | | June 28, | | June 29, | | June 28, | | June 29, | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | | | | Net revenue | $ | 67,807 | | $ | 81,520 | | $ | 125,338 | | $ | 145,675 | Less: | | | | | | | | | | | | Cost of revenue | | 34,852 | | | 44,588 | | | 66,435 | | | 82,902 | Employee expenses (excluding equity-based compensation expense) | | 10,558 | | | 12,146 | | | 20,978 | | | 23,939 | Equity-based compensation expense | | 628 | | | 1,282 | | | 1,345 | | | 2,756 | Advertising expenses | | 14,399 | | | 17,582 | | | 24,520 | | | 29,590 | Other net costs (1) | | 7,990 | | | 7,365 | | | 15,600 | | | 14,761 | Depreciation and amortization (2) | | 570 | | | 634 | | | 1,153 | | | 1,299 | Interest expense | | 302 | | | 856 | | | 696 | | | 1,433 | Income tax provision (benefit) | | (9) | | | 62 | | | 184 | | | (12) | Segment net loss | $ | (1,483) | | $ | (2,995) | | $ | (5,573) | | $ | (10,993) |
| (1) | Other net costs include professional services fees, other selling costs, other general and administrative costs, technology and software costs, facilities costs, interest income, non-operating income and expenses, and other immaterial expenses that do not align with the separately presented expense categories. |
| (2) | Excludes depreciation expense related to distribution facilities recorded in cost of revenue. |
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