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BUSINESS ACQUISITION (Tables)
6 Months Ended
Jun. 26, 2022
Business Combination and Asset Acquisition [Abstract]  
Recognized Identified Assets Acquired and Liabilities Assumed Accordingly, the allocation is subject to change and the impact of such changes may be material (in thousands):
Fair value of assets acquired
As of September 7,
2021
Restricted cash203 
Property and equipment, net707 
Other assets660 
Developed technology20,050 
Goodwill29,695 
Total assets acquired$51,315 
Fair value of liabilities assumed
Other liabilities628
Total liabilities assumed$628 
Total identifiable net assets$50,687 
Fair value of consideration
Cash consideration, net of cash acquired 2,762 
Closing third party expenses781 
Equity consideration30,704 
Contingent equity consideration16,440 
Total consideration$50,687 
Schedule of Fair Consideration Accordingly, the allocation is subject to change and the impact of such changes may be material (in thousands):
Fair value of assets acquired
As of September 7,
2021
Restricted cash203 
Property and equipment, net707 
Other assets660 
Developed technology20,050 
Goodwill29,695 
Total assets acquired$51,315 
Fair value of liabilities assumed
Other liabilities628
Total liabilities assumed$628 
Total identifiable net assets$50,687 
Fair value of consideration
Cash consideration, net of cash acquired 2,762 
Closing third party expenses781 
Equity consideration30,704 
Contingent equity consideration16,440 
Total consideration$50,687 
Supplemental Unaudited Pro Forma Information
The following unaudited pro forma summary presents consolidated information of the Company as if the business acquisition occurred on December 28, 2020.

Thirteen weeks ended Twenty-six weeks ended
(dollar amounts in thousands)
June 27,
2021
June 27,
2021
Revenue
$86,522 $148,073 
Net loss attributable to Sweetgreen, Inc.
$(27,401)$(58,345)