XML 50 R37.htm IDEA: XBRL DOCUMENT v3.26.1
Revenue Recognition and Contract Balances (Tables)
12 Months Ended
Dec. 28, 2025
Revenue Recognition and Contract Balances [Abstract]  
Schedule of 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 
Schedule of Accounts Receivable, Contract Assets and Liabilities

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 
Schedule of Changes in Contract Assets and Liabilities

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