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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Nov. 01, 2025
Oct. 26, 2024
Nov. 01, 2025
Oct. 26, 2024
Revenue:        
Revenue $ 472,508,000 $ 188,458,000 $ 927,184,000 $ 377,941,000
Cost of sales:        
Cost of sales 368,403,000 114,820,000 727,961,000 222,836,000
Gross margin:        
Total gross margin 104,105,000 73,638,000 199,223,000 155,105,000
Selling, general and administrative 98,336,000 37,916,000 229,612,000 71,711,000
Research and development 35,993,000 28,716,000 69,107,000 53,329,000
(Loss) income from operations (30,224,000) 7,006,000 (99,496,000) 30,065,000
Other income (loss):        
Interest income (expense), net 4,669,000 (690,000) (12,746,000) (929,000)
Other income (expense), net 4,951,000 16,000 7,312,000 (218,000)
(Loss) income before income taxes (20,604,000) 6,332,000 (104,930,000) 28,918,000
(Benefit from) provision for income taxes (2,305,000) (221,000) (17,474,000) 1,264,000
Equity method investment income, net of tax 1,196,000 990,000 2,983,000 1,055,000
Net (loss) income $ (17,103,000) $ 7,543,000 $ (84,473,000) $ 28,709,000
Net (loss) income per share        
Basic (in dollars per share) $ (0.34) $ 0.27 $ (1.75) $ 1.03
Diluted (in dollars per share) $ (0.34) $ 0.27 $ (1.75) $ 1.02
Weighted-average shares outstanding:        
Basic (in shares) 49,723,280 28,009,963 48,279,447 27,985,425
Diluted (in shares) 49,723,280 28,145,590 48,279,447 28,139,942
Product sales        
Revenue:        
Revenue $ 325,037,000 $ 151,231,000 $ 638,570,000 $ 310,735,000
Cost of sales:        
Cost of sales 241,397,000 87,052,000 472,084,000 172,571,000
Gross margin:        
Total gross margin 83,640,000 64,179,000 166,486,000 138,164,000
Contract services        
Revenue:        
Revenue 147,471,000 37,227,000 288,614,000 67,206,000
Cost of sales:        
Cost of sales 127,006,000 27,768,000 255,877,000 50,265,000
Gross margin:        
Total gross margin $ 20,465,000 $ 9,459,000 $ 32,737,000 $ 16,941,000