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Summary of Significant Accounting Policies (Tables) | 6 Months Ended
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Jun. 29, 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 as of December 31, 2018 (in thousands):
| 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 |
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 Six Months Ended
(in thousands) |  | June 29, 2019 |  | June 30, 2018
Beginning balance |  | $ | 1,918 |  |  | $ | 550 |
Fair value of warrants issued during the period |  | — |  |  | 248 |
Change in fair value of warrant liability |  | 12,503 |  |  | 259 |
Reclassification of warrant liability to additional paid-in capital in connection with the IPO |  | (14,421 | ) |  | — |
Ending balance |  | $ | — |  |  | $ | 1,057 |
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 |  | For the Six Months Ended
(in thousands) |  | June 29, 2019 |  | June 30, 2018 |  | June 29, 2019 |  | June 30, 2018
Net revenues: |  |  |  |  |  |  |  |
Gross Fresh Platform |  | $ | 67,722 |  |  | $ | 15,119 |  |  | $ | 106,528 |  |  | $ | 24,715 |
Gross Frozen Platform |  | 5,639 |  |  | 4,506 |  |  | 10,151 |  |  | 9,254 |
Less: Discounts |  | (6,110 | ) |  | (2,258 | ) |  | (9,222 | ) |  | (3,826 | )
Net revenues |  | $ | 67,251 |  |  | $ | 17,367 |  |  | $ | 107,457 |  |  | $ | 30,143 |
|  | For the Three Months Ended |  | For the Six Months Ended
(in thousands) |  | June 29, 2019 |  | June 30, 2018 |  | June 29, 2019 |  | June 30, 2018
Net revenues: |  |  |  |  |  |  |  |
Retail |  | $ | 34,120 |  |  | $ | 11,684 |  |  | $ | 53,699 |  |  | $ | 20,972 |
Restaurant and Foodservice |  | 33,131 |  |  | 5,683 |  |  | 53,758 |  |  | 9,171 |
Net revenues |  | $ | 67,251 |  |  | $ | 17,367 |  |  | $ | 107,457 |  |  | $ | 30,143 |

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130545-203045 + Details
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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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- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + 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 (c) -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 3 -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258 + Details
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