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v3.25.4

Segment Information - Schedule of Financial Performance through Reportable Segments (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | 12 Months Ended
--- | --- | --- | ---
Sep. 28, 2025 | Sep. 29, 2024 | Sep. 28, 2025 | Sep. 29, 2024 | Dec. 31, 2024 | [4] | Dec. 29, 2024 | Dec. 31, 2023
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenues | $ 70,005 | [1] | $ 5,536 | [1] | $ 220,269 | [1] | $ 20,068 | [1] |  | $ 108,742 |  | $ 87,616 |
Less: |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues |  |  |  |  |  |  |  |  |  |  |  | 30,609 |
Sales commissions | 7,534 |  | 7,270 |  | 24,273 |  | 11,691 |  |  | 24,590 |  | 31,127 |
Sales and marketing |  |  |  |  |  |  | 3,762 |  |  |  |  |  |
General and administrative | 21,483 |  | 18,450 |  | 52,382 |  | 29,789 |  |  | 76,594 |  | 32,099 |
Operating income (loss) | (3,444) |  | (29,970) |  | (5,120) |  | (47,008) |  |  | (68,509) |  | (52,358) |
Reconciliation of segment loss from continuing operations before income taxes: |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  |  |  |  |  | 8,230 |  |  |  |  |  |
Interest income |  |  | 86 |  | 3 |  | 102 |  |  | 19 |  | 36 |
Other income (expense), net | (4,256) | [2] | (65,684) | [2] | (1,724) | [2] | (66,234) | [2] |  | 7,932 | [3] | (29,862) | [3]
Gain on troubled debt restructuring | 19,800 |  |  |  | 19,800 |  |  |  | $ 22,337 | 22,337 | [2] |  | [2],[4]
Loss from continuing operations before taxes | $ (15,804) |  | $ (77,958) |  | $ (30,099) |  | $ (101,422) |  |  | (54,444) |  | (96,217) |
Residential Solar Installation [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenues |  |  |  |  |  |  |  |  |  | 67,460 |  | 87,616 |
Less: |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues |  |  |  |  |  |  |  |  |  | 45,266 |  | 69,828 |
Sales commissions |  |  |  |  |  |  |  |  |  | 23,388 |  | 31,127 |
Sales and marketing |  |  |  |  |  |  |  |  |  | 6,827 |  | 6,920 |
General and administrative |  |  |  |  |  |  |  |  |  | 9,805 | [5] | 32,099 | [6]
Operating income (loss) |  |  |  |  |  |  |  |  |  | (17,826) |  | (52,358) |
Reconciliation of segment loss from continuing operations before income taxes: |  |  |  |  |  |  |  |  |  |  |  |  |
General corporate expense |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  |  |  |  |  |  |  |  |  |  |  |  |
Other income (expense), net |  |  |  |  |  |  |  |  |  |  |  |  |
Gain on troubled debt restructuring |  |  |  |  |  |  |  |  |  |  |  |  |
Loss from continuing operations before taxes |  |  |  |  |  |  |  |  |  |  |  |  |
New Homes Business [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenues |  |  |  |  |  |  |  |  |  | 41,282 |  |  |
Less: |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues |  |  |  |  |  |  |  |  |  | 23,974 |  |  |
Sales commissions |  |  |  |  |  |  |  |  |  | 1,202 |  |  |
Sales and marketing |  |  |  |  |  |  |  |  |  |  |  |  |
General and administrative |  |  |  |  |  |  |  |  |  | 3,232 | [5] |  | [6]
Operating income (loss) |  |  |  |  |  |  |  |  |  | 12,874 |  |  |
Reconciliation of segment loss from continuing operations before income taxes: |  |  |  |  |  |  |  |  |  |  |  |  |
General corporate expense |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  |  |  |  |  |  |  |  |  |  |  |  |
Other income (expense), net |  |  |  |  |  |  |  |  |  |  |  |  |
Gain on troubled debt restructuring |  |  |  |  |  |  |  |  |  |  |  |  |
Loss from continuing operations before taxes |  |  |  |  |  |  |  |  |  |  |  |  |
Reportable Segments [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenues |  |  |  |  |  |  |  |  |  | 108,742 |  | 87,616 |
Less: |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues |  |  |  |  |  |  |  |  |  | 69,240 |  | 69,828 |
Sales commissions |  |  |  |  |  |  |  |  |  | 24,590 |  | 31,127 |
Sales and marketing |  |  |  |  |  |  |  |  |  | 6,827 |  | 6,920 |
General and administrative |  |  |  |  |  |  |  |  |  | 13,037 | [5] | 32,099 | [6]
Operating income (loss) |  |  |  |  |  |  |  |  |  | (4,952) |  | (52,358) |
Reconciliation of segment loss from continuing operations before income taxes: |  |  |  |  |  |  |  |  |  |  |  |  |
General corporate expense |  |  |  |  |  |  |  |  |  | (63,557) |  |  |
Interest expense |  |  |  |  |  |  |  |  |  | (16,223) |  | (14,033) |
Interest income |  |  |  |  |  |  |  |  |  | 19 |  | 36 |
Other income (expense), net |  |  |  |  |  |  |  |  |  | 7,932 |  | (29,862) |
Gain on troubled debt restructuring |  |  |  |  |  |  |  |  |  | 22,337 |  |  |
Loss from continuing operations before taxes |  |  |  |  |  |  |  |  |  | $ (54,444) |  | $ (96,217) |
[1] | Revenue is net of dealer fees attributable to related party of $0.3 million and $1.6 million in the thirteen and thirty-nine week periods ended September 28, 2025, respectively. Revenue is net of dealer fees attributable to related party of $1.6 million in each of the thirteen and thirty-nine week periods ended September 29, 2024. Refer to Note 16 – Related Party Transactions for details.
[2] | Includes the following related party transactions (in millions):
[3] | Includes related party interest expense and amortization of debt issuance costs of $1.8 million and $1.5 million in the thirteen week periods ended September 28, 2025, and September 29, 2024, respectively. Includes related party interest expense and amortization of debt issuance costs of $5.4 million and $5.6 million in the thirty-nine weeks periods ended September 28, 2025, and September 29, 2024, respectively.
[4] | Gain includes $12.5 million with a related party in the fiscal year ended December 29, 2024. Refer to Note 15 - Borrowings and Derivative Liabilities for details.
[5] | 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.
[6] | For the year ended December 31, 2023, depreciation and amortization expense was $0.9 million for the Residential Solar Installation reportable segment.

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