XML 27 R14.htm IDEA: XBRL DOCUMENT
v3.26.1

Revenue Recognition and Contract Balances | 12 Months Ended
--- | ---
Dec. 28, 2025
Revenue Recognition and Contract Balances [Abstract] |
Revenue Recognition and Contract Balances | (4) Revenue Recognition and Contract Balances Disaggregated revenue All revenue is generated in the U.S. Revenue is disaggregated as follows (in thousands):
|  | Fiscal Year Ended |
|  | December 28, |  |  | December 29, |
|  | 2025 |  |  | 2024 |
Residential Solar Installation |  |  |  |  |  |
Revenue recognized over time |  | $ | 160,987 |  |  | $ | 67,460 |
Total Residential Solar Installation |  |  | 160,987 |  |  |  | 67,460 |
New Homes Business |  |  |  |  |  |  |  |
Revenue recognized over time |  |  | 46,686 |  |  |  | 32,205 |
Revenue recognized at a point in time |  |  | 77,909 |  |  |  | 9,077 |
Total New Homes Business |  |  | 124,595 |  |  |  | 41,282 |
Dealer |  |  |  |  |  |  |  |
Revenue recognized at a point in time |  |  | 14,418 |  |  |  | — |
Total Dealer |  |  | 14,418 |  |  |  | — |
Total revenue |  | $ | 300,000 |  |  | $ | 108,742 |
Total revenue recognized over time |  | $ | 207,673 |  |  | $ | 99,665 |
Total revenue recognized at a point in time |  |  | 92,327 |  |  |  | 9,077 |
Contract balances Accounts receivable, contract assets and contract liabilities from contracts with customers are as follows (in thousands):
|  | As of |
|  | December 28, |  |  | December 29, |
|  | 2025 |  |  | 2024 |
Trade accounts receivable, net |  | $ | 67,824 |  |  | $ | 25,842 |
Contract assets: |  |  |  |  |  |  |  |
Contract assets, current |  | $ | 14,122 |  |  | $ | 26,066 |
Total contract assets |  | $ | 14,122 |  |  | $ | 26,066 |
Contract liabilities: |  |  |  |  |  |  |  |
Contract liabilities, current |  | $ | 20,336 |  |  | $ | 10,003 |
Contract liabilities, noncurrent |  |  | 794 |  |  |  | 918 |
Total contract liabilities |  | $ | 21,130 |  |  | $ | 10,921 |
The Company receives payments from customers based upon contractual payment terms. Accounts receivable are recorded in an amount that reflects the consideration that is expected to be received in exchange for those goods or services when the right to consideration becomes unconditional. The increase in contract liabilities is primarily attributed to the acquisition of Sunder in fiscal year 2025. Changes in the balances of contract assets in the fiscal years ended December 28, 2025 and December 29, 2024 were as follows (in thousands):
|  | Fiscal Year Ended |
Contract assets |  | December 28, |  |  | December 29, |
|  | 2025 |  |  | 2024 |
Contract assets, beginning of period |  | $ | 26,066 |  |  | $ | — |
Contract assets recognized |  |  | 12,979 |  |  |  | 21,451 |
Reclassifications to accounts receivable |  |  | (26,066 | ) |  |  | — |
Increase due to contract assets acquired in business combination |  |  | 1,143 |  |  |  | 4,615 |
Contract assets, end of period |  | $ | 14,122 |  |  | $ | 26,066 |
Changes in the balances of contract liabilities in the fiscal years ended December 28, 2025 and December 29, 2024 were as follows (in thousands):
|  | Fiscal Year Ended |
Contract liabilities |  | December 28, |  |  | December 29, |
|  | 2025 |  |  | 2024 |
Contract liabilities, beginning of period |  | $ | 10,921 |  |  | $ | 3,478 |
Increases due to billings or cash received in advance |  |  | 6,750 |  |  |  | 2,642 |
Revenue recognized from beginning balance of contract liabilities |  |  | (9,889 | ) |  |  | (2,560 | )
Increase due to contract liabilities assumed in a business combination |  |  | 13,348 |  |  |  | 7,361 |
Contract liabilities, end of period |  | $ | 21,130 |  |  | $ | 10,921 |
Substantially all of the revenue recognized from the beginning balance of contract liabilities was recognized in the current year.

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-9 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-15 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org/606/tableOfContent + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration