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Business Combinations (Tables) | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 28, 2025 | Dec. 29, 2024
Business Combinations [Abstract] |  |
Schedule of Provisional Fair Value of Identifiable Assets Acquired and Liabilities Assumed | The following table summarizes the provisional and final fair values of identifiable assets acquired and liabilities assumed and measurement period adjustments (in thousands):
|  | Provisional fair values |  |  | Measurement period adjustment |  |  | Final fair values as of September 28, 2025 |
Net assets acquired: |  |  |  |  |  |  |  |  |
Cash |  | $ | 1,000 |  |  | $ | — |  |  | $ | 1,000 |
Accounts receivable |  |  | 16,614 |  |  |  | — |  |  |  | 16,614 |
Inventories |  |  | 27,706 |  |  |  | 20,682 |  |  |  | 48,388 |
Prepaid expenses and other current assets |  |  | 2,219 |  |  |  | — |  |  |  | 2,219 |
Property and equipment |  |  | 5,867 |  |  |  | — |  |  |  | 5,867 |
Operating lease right-of-use assets |  |  | 2,506 |  |  |  | — |  |  |  | 2,506 |
Other noncurrent assets |  |  | 541 |  |  |  | — |  |  |  | 541 |
Intangibles |  |  | 18,100 |  |  |  | (2,206 | ) |  |  | 15,894 |
Deferred revenue |  |  | (7,361 | ) |  |  | — |  |  |  | (7,361 | )
Accounts payable |  |  | (5,270 | ) |  |  | — |  |  |  | (5,270 | )
Accrued expenses and other current liabilities |  |  | (13,955 | ) |  |  | — |  |  |  | (13,955 | )
Operating lease liabilities |  |  | (2,963 | ) |  |  | — |  |  |  | (2,963 | )
Other long-term liabilities |  |  | (8,980 | ) |  |  | — |  |  |  | (8,980 | )
Fair value of net tangible assets acquired |  |  | 36,024 |  |  |  | 18,476 |  |  |  | 54,500 |
Goodwill recognized |  |  | 18,476 |  |  |  | (18,476 | ) |  |  | — |
Consideration transferred |  | $ | 54,500 |  |  | $ | — |  |  | $ | 54,500 |
The following table summarizes the provisional fair value of identifiable assets acquired and liabilities assumed (in thousands):
Net assets acquired: |  |  |
Accounts receivable |  | $ | 257 |
Prepaid expenses and other current assets |  |  | 387 |
Property and equipment |  |  | 241 |
Operating lease right-of-use assets |  |  | 313 |
Other noncurrent assets |  |  | 552 |
Intangibles |  |  | 25,922 |
Contract liabilities |  |  | (11,073 | )
Accounts payable |  |  | (184 | )
Accrued expenses and other current liabilities |  |  | (1,322 | )
Operating lease liabilities |  |  | (215 | )
Fair value of net tangible assets acquired |  |  | 14,878 |
Goodwill recognized |  |  | 42,911 |
Consideration transferred |  | $ | 57,789 |
| The following table summarizes the provisional fair value of identifiable assets acquired and liabilities assumed (in thousands):
Net assets acquired: |  |  |
Cash |  | $ | 1,000 |
Accounts receivable |  |  | 11,999 |
Contract assets |  |  | 4,615 |
Inventories |  |  | 27,706 |
Prepaid expenses and other current assets |  |  | 2,219 |
Property and equipment |  |  | 5,867 |
Operating lease right-of-use assets |  |  | 2,506 |
Other noncurrent assets |  |  | 541 |
Intangibles |  |  | 18,100 |
Deferred revenue |  |  | (7,361 | )
Accounts payable |  |  | (5,270 | )
Accrued expenses and other current liabilities |  |  | (13,955 | )
Operating lease liabilities |  |  | (2,963 | )
Other long-term liabilities |  |  | (8,980 | )
Fair value of net assets acquired |  |  | 36,024 |
Consideration transferred |  | $ | 54,500 |
Goodwill recognized |  | $ | 18,476 |
Schedule of Total Consideration is Summarized | The total consideration is summarized as follows (in thousands):
Consideration |  |  |
Cash |  | $ | 20,689 |
Seller note |  |  | 20,000 |
Equity 3.3 million shares of the Company’s common stock |  |  | 5,700 |
Contingent consideration arrangement – up to 6.6 million shares of the Company’s common stock |  |  | 11,400 |
Fair value of total consideration transferred |  | $ | 57,789 |
Schedule of Intangible Assets Acquired and Estimated Useful Lives | As of the date of acquisition the intangible assets acquired and estimated useful lives were as follows:
|  | Estimated useful life |  | Amount |
Customer related intangible |  | 1 year |  | $ | 9,279 |
Trademark - Sunder |  | 5 years |  |  | 2,427 |
Developed technology - Sunder |  | 5 years |  |  | 14,216 |
Balance at end of period |  |  |  | $ | 25,922 |
Schedule of Pro Forma | The pro forma results do not necessarily reflect the actual results of operations of the combined business (in thousands).
|  | Thirty-Nine Weeks Ended |
|  | September 28, |  |  | September 29, |
|  | 2025 |  |  | 2024 |
Pro forma revenue |  | $ | 276,353 |  |  | $ | 319,639 |
Pro forma net loss from continuing operations |  |  | (45,402 | ) |  |  | (364,510 | )
| The pro forma results do not necessarily reflect the actual results of operations of the combined business (in thousands).
|  | Unaudited |
|  | Fiscal Year Ended |
|  | December 29, |  |  | December 31, |
|  | 2024 |  |  | 2023 |
Pro forma revenue |  | $ | 381,860 |  |  | $ | 697,651 |
Pro forma net loss from continuing operations |  |  | (283,122 | ) |  |  | (320,589 | )

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- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-1 + Details
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