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DEBT
12 Months Ended
Dec. 29, 2024
Debt Disclosure [Abstract]  
DEBT DEBT
Credit Facility—During fiscal year 2024, the Company was party to a First Amended and Restated Revolving Credit, Delayed Draw Term Loan and Security Agreement (as amended, the “Credit Facility”) with EagleBank. The Credit Facility allowed the Company to borrow up to $45.0 million in the aggregate principal amount under a revolving facility, including the issuance of letters of credit up to $3.5 million. There have been no letters of credit issued, no borrowings, and no repayments under our credit facility during the fiscal years ended December 29, 2024, December 31, 2023, or December 25, 2022. The Company did not renew the Credit Facility in 2024 and it expired pursuant to its terms on December 13, 2024. As of December 29, 2024 and December 31, 2023, the Company had no outstanding balance under the Credit Facility.
As of December 31, 2023, the Company had unamortized loan origination fees of $0.1 million, which are included within the accompanying consolidated balance sheet in other current assets. The Company recognized $0.1 million of interest expense in both fiscal years 2024 and 2023, respectively, related to the amortization of loan origination fee