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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 29, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net loss $ (48,197) $ (40,527)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 35,102 33,164
Amortization of lease acquisition 46 46
Amortization of loan origination fees 0 39
Amortization of cloud computing arrangements 495 453
Non-cash operating lease cost 17,064 15,318
Loss on fixed asset disposal 117 115
Stock-based compensation 18,221 20,529
Non-cash impairment and closure costs 5,325 48
Non-cash restructuring charges 443 350
Deferred income tax expense 180 180
Change in fair value of contingent consideration liability (3,338) 2,940
Change in fair value of contingent consideration liability (2,290) 0
Changes in operating assets and liabilities:    
Accounts receivable (1,635) (2,992)
Inventory (425) 31
Prepaid expenses and other assets (249) 423
Operating lease liabilities (22,378) (12,902)
Accounts payable (188) 1,592
Accrued payroll and benefits (5,074) 570
Accrued expenses 2,265 2,624
Gift card and loyalty liability 1,859 581
Other non-current liabilities (8) (40)
Net cash (used in) provided by operating activities (2,665) 22,542
Cash flows from investing activities:    
Purchase of property and equipment (40,333) (32,682)
Purchase of intangible assets (4,300) (3,593)
Security and landlord deposits 100 0
Net cash used in investing activities (44,533) (36,275)
Cash flows from financing activities:    
Proceeds from stock option exercise 2,679 5,404
Payment of contingent consideration 0 (3,868)
Payment associated to shares repurchased for tax withholding (259) 0
Net cash provided by financing activities 2,420 1,536
Net decrease in cash and cash equivalents and restricted cash (44,778) (12,197)
Cash and cash equivalents and restricted cash—beginning of year 217,429 257,355
Cash and cash equivalents and restricted cash—end of period 172,651 245,158
Cash paid for interest 5 178
Supplemental disclosure of cash flow information    
Purchase of property and equipment accrued in accounts payable and accrued expenses 11,049 11,408
Non-cash issuance of common stock associated with Spyce milestone achievement $ 0 $ 2,132