Property, Plant and Equipment

9 Months Ended

Sep. 26, 2025

Property, Plant and Equipment [Abstract]

Note 5 — Property, Plant and Equipment

Property, plant and equipment, net consisted of the following (in thousands):


	September 26, 2025			December 27, 2024
Machinery and equipment	$	44,514		$	46,113
Computer equipment and software		11,387			12,976
Furniture and fixtures		7,723			7,627
Leasehold improvements		19,342			19,766
Construction in process		28,957			32,014
Total property, plant and equipment, gross		111,923			118,496
Less accumulated depreciation		(39,318	)		(33,607	)
Total property, plant and equipment, net	$	72,605		$	84,889

Note 5 — Property, Plant and Equipment (Continued)

As discussed in Note 1, during the nine months ended September 26, 2025, the Company recognized fixed asset impairment expense of $7,759,000 primarily on leasehold improvements and machinery and equipment as the Company will no longer be using these assets. The Company also recognized impairment during the nine months ended September 26, 2025 of $2,751,000 for internally developed software that the Company will no longer be using as it will transition to a cloud-based software solution. These amounts are recorded in Restructuring, impairment and related charges on the Condensed Consolidated Statement of Operations.

Construction in process primarily consists of the build out and validation of machinery and equipment.

The Company recorded depreciation expense in the following categories as follows (in thousands):


	Three Months Ended				Nine Months Ended
	September 26, 2025		September 27, 2024		September 26, 2025		September 27, 2024
Cost of sales	$	750	$	586	$	2,390	$	1,614
General and administrative		874		910		2,790		1,857
Selling and marketing		176		54		525		446
Research and development		200		171		570		489
Total depreciation expense	$	2,000	$	1,721	$	6,275	$	4,406