XML 37 R29.htm IDEA: XBRL DOCUMENT
v3.25.1

Share-based Compensation (Tables) | 3 Months Ended
--- | ---
Mar. 30, 2025
Share-Based Payment Arrangement [Abstract] |
Summary of Share Option Awards | A summary of the status of the Company’s share option awards is presented below:
|  | Shares |  |  | Weighted- Average Exercise Price |  |  | Weighted- Average Remaining Contractual Life (In Years) |  |  | Aggregate Intrinsic Value |
Outstanding at December 29, 2024 |  |  | 509,660 |  |  | $ | 4.67 |  |  |  |  |  |  |
Granted |  |  | 315,000 |  |  |  | 1.18 |  |  |  |  |  |  |
Forfeited |  |  | (3,375 | ) |  |  | 4.80 |  |  |  |  |  |  |
Outstanding at March 30, 2025 |  |  | 821,285 |  |  | $ | 3.33 |  |  |  | 7.97 |  |  | $ | — |
Exercisable at March 30, 2025 |  |  | 302,222 |  |  | $ | 4.26 |  |  |  | 5.35 |  |  | $ | — |
Vested and Expected to Vest at March 30, 2025 |  |  | 812,727 |  |  | $ | 3.34 |  |  |  | 7.95 |  |  | $ | — |
Weighted-Average Assumptions Used to Estimate the Fair Value of Each Share Option Award | The fair value of each share option award on the date of grant was estimated using the Black-Scholes method based on the following weighted-average assumptions:
|  | 13 Weeks Ended |
|  | March 30, 2025 |  |  | March 31, 2024 |
Risk-free interest rate |  |  | 4.2 | % |  |  | 4.2 | %
Expected term |  | 7.5 years |  |  | 7.5 years |
Expected volatility |  |  | 81.4 | % |  |  | 77.6 | %
Expected dividend yield |  |  | — |  |  |  | 4.1 | %
Summary of Nonvested Share Awards Activity | A summary of the status of the Company’s nonvested share awards is presented below:
|  | Shares |  |  | Weighted- Average Grant- Date Fair Value |
Balance at December 29, 2024 |  |  | 691,800 |  |  | $ | 7.24 |
Granted |  |  | 262,980 |  |  |  | 0.99 |
Vested |  |  | (223,685 | ) |  |  | 9.81 |
Forfeited |  |  | (8,870 | ) |  |  | 7.31 |
Balance at March 30, 2025 |  |  | 722,225 |  |  | $ | 4.17 |

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 of the changes in outstanding nonvested shares. + 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)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
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 Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration