v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jul. 05, 2026
Jun. 29, 2025
Cash flows used in operating activities:    
Net loss $ (81,335) $ (67,797)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation, accretion and amortization 19,406 17,277
Stock-based compensation expense 24,799 26,136
Change in fair value of common stock warrants (6,578) (9,911)
Gain on bargain purchase of assets 0 (4,761)
Others (1,452) 1,405
Changes in operating assets and liabilities:    
Accounts and notes receivables 5,125 (552)
Inventory (4,249) (5,410)
Prepaid expenses and other assets (1,369) 1,765
Accounts payable (3,677) 2,241
Accrued expenses and compensation (1,660) (5,001)
Deferred revenue (1,328) 1,044
Deferred tax liability (803) (683)
Other liabilities (1,732) 1,481
Net cash used in operating activities (54,853) (42,766)
Cash flows from investing activities:    
Purchase of property and equipment (12,844) (14,243)
Payment for business acquisition 0 (10,000)
Purchases of investments (230,074) (85,473)
Maturities of investments 227,580 18,627
Net cash used in investing activities (15,338) (91,089)
Cash flows from financing activities:    
Proceeds from loan borrowing 1,300 0
Proceeds from issuance of common stock under employee stock purchase plan 938 711
Payroll tax payments for shares withheld upon vesting of RSUs (3,382) (2,853)
Purchase of Routejade shares from non-controlling interest (740) 0
Repayment of debt (108) (813)
Proceeds from the exercise of stock options 0 782
Payments of transaction costs related to common stock issuance 0 (512)
Net cash used in financing activities (1,992) (2,685)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (202) (102)
Change in cash, cash equivalents, and restricted cash (72,385) (136,642)
Cash and cash equivalents and restricted cash, beginning of period 107,979 274,691
Cash and cash equivalents and restricted cash, end of period 35,594 138,049
Supplemental cash flow disclosure:    
Cash paid for interest 11,377 2,971
Cash paid for income taxes 103 190
Purchase of property and equipment included in liabilities $ 6,887 $ 7,072