XML 36 R26.htm IDEA: XBRL DOCUMENT v3.24.2.u1

Stock-Based Compensation (Tables)

6 Months Ended

Jun. 28, 2024

Share-Based Payment Arrangement [Abstract]

Summary of Stock Option Activity

For the six months ended June 28, 2024, stock option activity was as follows:

		Stock Options
		Number of shares				Weighted average exercise price per share				Weighted average grant date fair value				Weighted average years of remaining contractual term
Outstanding as of December 29, 2023			4,137,183			$	1.26			$	—				7.6
Exercised			(285,744	)			1.26				0.66				—
Forfeited & expired			(314,213	)			1.26				0.66				—
Outstanding as of June 28, 2024			3,537,226				1.26				0.66				6.9
Exercisable as of June 28, 2024			2,695,618			$	1.26			$	0.66				6.9

Summary of Unvested Restricted Stock Units

The following table summarizes the activities for unvested Shimmick restricted stock units for the six months ended June 28, 2024:

		Restricted Stock Units
		Number of shares				Weighted average grant date fair value
Unvested as of December 29, 2023			576,714			$	6.49
Awarded			483,442				1.86
Forfeited			(20,834	)			6.56
Outstanding as of June 28, 2024			1,039,322				3.93
Ended vested as of June 28, 2024			175,865				6.56
Ended unvested as of June 28, 2024			863,457			$	3.93

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration