CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Feb. 23, 2025	May 26, 2024
Current assets:
Cash and cash equivalents	$ 5,417	$ 8,462
Current portion of note receivable	8,000	0
Contract assets	6,150	4,069
Inventories, net	34,596	39,979
Prepaid expenses and other current assets	2,548	1,439
Total current assets	84,211	81,033
Property, plant, and equipment, net of accumulated depreciation of $55,498 and $50,334	128,223	149,165
Operating lease right-of-use assets	2,233	2,442
Goodwill	13,881	13,881
Intangible assets, net of accumulated amortization of $3,700	4,200	4,200
Other assets	4,945	3,239
Total assets	237,693	253,960
Current liabilities:
Accounts payable	7,405	16,334
Current portion of operating lease liabilities	3,966	3,963
Accrued expenses and other current liabilities	19,745	18,575
Total current liabilities	31,116	38,872
Debt derivative liability, related party	23,900	25,400
Operating lease liabilities, net of current portion	1,436	1,729
Other liabilities	9,806	10,332
Total liabilities	190,267	200,058
Commitments and contingencies, see note 9
Series A Redeemable Convertible Preferred Stock, $0.001 par value; 2,000,000 shares authorized; 44,894 and 42,461 shares issued and outstanding, redemption value $45,455 and $42,991	45,197	42,587
Stockholders’ equity:
Common Stock, $0.001 par value; 75,000,000 shares authorized; 37,025,331 and 30,562,961 shares issued and outstanding	37	31
Additional paid-in capital	206,285	177,807
Accumulated deficit	(204,093)	(166,523)
Total stockholders’ equity	2,229	11,315
Total liabilities, redeemable convertible preferred stock, and stockholders’ equity	237,693	253,960
Nonrelated party
Current assets:
Accounts receivable, less allowance for credit losses	11,364	16,985
Current liabilities:
Debt, net of current portion	8,346	22,906
Related party
Current assets:
Accounts receivable, less allowance for credit losses	16,136	10,099
Current liabilities:
Debt, net of current portion	$ 115,663	$ 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).

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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.