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Summary of Significant Accounting Policies (Tables) | 3 Months Ended
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Mar. 30, 2019
Accounting Policies [Abstract] |
Schedule of financial instruments measured at fair value | The following table sets forth the Company’s financial instruments that were measured at fair value on a recurring basis based on the fair value hierarchy (in thousands):
| March 30, 2019
| Level 1 |  | Level 2 |  | Level 3 |  | Total
Financial Liabilities: |  |  |  |  |  |  |
Preferred stock warrant liability | $ | — |  |  | $ | — |  |  | $ | 1,998 |  |  | $ | 1,998 |
Common stock warrant liability | — |  |  | — |  |  | 679 |  |  | 679 |
Total | $ | — |  |  | $ | — |  |  | $ | 2,677 |  |  | $ | 2,677 |
| December 31, 2018
| Level 1 |  | Level 2 |  | Level 3 |  | Total
Financial Liabilities: |  |  |  |  |  |  |
Preferred stock warrant liability | $ | — |  |  | $ | — |  |  | $ | 1,441 |  |  | $ | 1,441 |
Common stock warrant liability | — |  |  | — |  |  | 477 |  |  | 477 |
Total | $ | — |  |  | $ | — |  |  | $ | 1,918 |  |  | $ | 1,918 |
Schedule of assumptions used for valuation | The key assumptions used in the Black-Scholes option-pricing model for the valuation of the preferred stock warrant liability and common stock warrant liability upon re-measurement were as follows:
|  | For the Three Months Ended
|  | March 30, 2019 |  | March 31, 2018
Expected term (in years) |  | 2.0 |  |  | 3.0 |
Fair value of underlying shares |  | $ | 19.49 |  |  | $ | 3.00 |
Volatility |  | 55.0 | % |  | 55.0 | %
Risk-free interest rate |  | 2.27 | % |  | 1.98 | %
Dividend yield |  | — |  |  | — |
Summary of changes in fair value | The following table sets forth a summary of the changes in the fair value of the preferred and common stock warrant liabilities:
|  | For the Three Months Ended
(in thousands) |  | March 30, 2019 |  | March 31, 2018
Beginning balance |  | $ | 1,918 |  |  | $ | 550 |
Change in fair value of warrant liability |  | 759 |  |  | 129 |
Ending balance |  | $ | 2,677 |  |  | $ | 679 |
Schedule of net revenues by platform and channel | The Company’s net revenues by platform and channel are included in the tables below:
|  | For the Three Months Ended
(in thousands) |  | March 30, 2019 |  | March 31, 2018
Net revenues: |  |  |  |
Fresh Platform |  | $ | 38,806 |  |  | $ | 9,596 |
Frozen Platform |  | 4,512 |  |  | 4,748 |
Less: Discounts |  | (3,112 | ) |  | (1,568 | )
Net revenues |  | $ | 40,206 |  |  | $ | 12,776 |
|  | For the Three Months Ended
(in thousands) |  | March 30, 2019 |  | March 31, 2018
Net revenues: |  |  |  |
Retail |  | $ | 19,579 |  |  | $ | 9,288 |
Restaurant and Foodservice |  | 20,627 |  |  | 3,488 |
Net revenues |  | $ | 40,206 |  |  | $ | 12,776 |

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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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