v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 26, 2026
Dec. 27, 2025
Current assets:    
Cash and cash equivalents $ 317,685 $ 31,782
Restricted cash 10,000 10,300
Accounts receivable, net of allowances of $72 (2026) and $33 (2025) 4,969 2,411
Inventories 16,778 3,383
Prepaid expenses and other current assets 11,536 332
Total current assets 360,968 48,208
Property and equipment, net 285 300
Operating lease right-of-use assets 1,154 541
Deferred income taxes 89,088  
Other assets 38,343 428
Total assets 489,838 49,477
Current liabilities:    
Accounts payable 71,145 20,612
Revolving line of credit   1,788
Accrued payroll and related liabilities 1,320 852
Deferred revenue 78,405 30,570
Other current liabilities 650 818
Total current liabilities 151,520 54,640
Deferred revenue, noncurrent 179,641  
Operating lease liabilities 716 23
Other liabilities 17 17
Total liabilities 331,894 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; 378,042 (2026) and 307,337 (2025) shares issued and outstanding 379 308
Additional paid-in capital 424,581 357,001
Accumulated deficit (267,016) (362,512)
Total stockholders' equity (deficit) 157,944 (5,203)
Total liabilities and stockholders' equity (deficit) $ 489,838 $ 49,477