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Segment Information
 12 Months Ended
Dec. 28, 2025
Segment Information [Abstract]  
Segment Information

(17) Segment Information

 

   Fiscal Year Ended December 28, 2025 
(in thousands)  Residential
Solar
Installation		   New Homes
Business		   Dealer   Total 
Operating revenues  $160,987   $124,595   $14,418   $300,000 
                     
Less:                    
Cost of revenues (1)   88,400    82,288    100      
Sales commissions   26,298    5,032    5,679      
Sales and marketing   25,154    3,253    623      
General and administrative (1)   58,597    29,648    1,859      
Segment operating income (loss)   (37,462)   4,374    6,157    (26,931)
                     
Reconciliation of segment income (loss) from continuing operations before income taxes:                    
Unallocated amounts:                    
Interest expense                  (25,095)
Interest income                  3 
Other non-operating income, net                  9,347 
Loss from continuing operations before taxes                 $(42,676)

 

(1) For the year ended December 28, 2025, depreciation and amortization expense was as follows

 

(in millions)  Residential Solar Installation   New Homes Business   Dealer   Total 
Depreciation and amortization classified in:                
Cost of revenues  $2.0   $0.1   $0.1   $2.2 
General and administrative   5.3    0.8    0.9    7.0 
Total  $7.3   $0.9   $1.0   $9.2 
   Fiscal Year Ended December 29, 2024 
(in thousands)  Residential
Solar
Installation		   New Homes
Business		   Total 
Operating revenues  $67,460   $41,282   $108,742 
                
Less:               
Cost of revenues   45,266    23,974      
Sales commissions   23,388    1,202      
Sales and marketing   6,827    
—
      
General and administrative(1)   57,641    18,953      
Segment operating (loss)   (65,662)   (2,847)   (68,509)
                
Reconciliation of segment loss from continuing operations before income taxes:               
Unallocated amounts:               
Interest expense             (16,223)
Interest income             19 
Other non-operating income, net             7,932 
Gain on troubled debt restructuring             22,337 
Loss from continuing operations before taxes            $(54,444)

 

(1) For the year ended December 29, 2024, depreciation and amortization expense was $2.6 million and $0.1 million for the Residential Solar Installation and New Homes Business reportable segments, respectively.
(2) General corporate expense represents costs primarily legacy costs that were not expected to be ongoing subsequent to the acquisition of the SunPower Businesses.

 

The Company recast its general and administrative expenses within results of operations by reportable segment for the fiscal year ended December 29, 2024 to conform to the fiscal 2025 presentation. In fiscal 2024, the Company allocated those costs which were specifically associated with the specific reportable segment with the remainder being presented as unallocated. Beginning in fiscal 2025, the Company changed its method to an allocation of general and administrative costs based upon relative revenue of each reportable segment consistent with the presentation of fiscal 2025 results segment results of operations.