CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	May 25, 2025	May 26, 2024
Current assets:
Cash and cash equivalents	$ 8,265	$ 8,462
Current portion of note receivable	8,000	0
Contract assets	6,979	4,069
Inventory	32,291	39,979
Prepaid expenses and other current assets	1,454	1,439
Total current assets	85,677	81,033
Property, plant and equipment, net of accumulated depreciation of $57,412 and $50,334	129,006	149,165
Goodwill	13,881	13,881
Intangible assets, net of accumulated amortization of $3,700	4,200	4,200
Other assets	6,578	5,681
Total assets	239,342	253,960
Current liabilities:
Accounts payable	8,220	16,334
Accrued expenses and other current liabilities, see note 7	21,958	22,538
Total current liabilities	30,178	38,872
Debt derivative liability, related party	24,991	25,400
Other liabilities	9,741	12,061
Total liabilities	191,909	200,058
Commitments and contingencies, see note 9
Series A Redeemable Convertible Preferred Stock, $0.001 par value; 2,000,000 shares authorized; 45,736 and 42,461 shares issued and outstanding, redemption value $46,308 and $42,991	46,097	42,587
Stockholders’ equity:
Common Stock, $0.001 par value; 75,000,000 shares authorized; 37,026,234 and 30,562,961 shares issued and outstanding	37	31
Additional paid-in capital	206,539	177,807
Accumulated deficit	(205,240)	(166,523)
Total stockholders’ equity	1,336	11,315
Total liabilities, convertible preferred stock and stockholders’ equity	239,342	253,960
Nonrelated party
Current assets:
Accounts receivable, net of allowance for credit losses	15,151	16,274
Current liabilities:
Debt, net of current portion	5,801	22,906
Related party
Current assets:
Accounts receivable, net of allowance for credit losses	13,537	10,810
Current liabilities:
Debt, net of current portion	$ 121,198	$ 100,819

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount, after allowance for credit loss, of right to consideration from customer for product sold and service rendered in normal course of business, classified as current.