REDEEMABLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY (Tables)

9 Months Ended

Oct. 01, 2023

Equity [Abstract]

Schedule of Stock

The Company has reserved shares of common stock for issuance as follows as of the periods indicated:

	October 1, 2023	December 25, 2022
Conversion of outstanding shares of preferred stock	—	95,203,554
Awards outstanding under the 2015 and 2023 Equity Incentive Plans	5,880,499	3,639,087
Shares available for future issuance under the 2015 and 2023 Equity Incentive Plans	8,311,490	1,673,424
Shares available for future issuance under the 2023 Employee Stock Purchase Plan	1,762,270	—
Total reserved shares of common stock	15,954,259	100,516,065

Preferred stock consisted of the following as of December 25, 2022:

($ in thousands)	Shares Authorized	Shares Issued & Outstanding	Liquidation Preference		Carrying Value
Series A	16,002,549	13,304,238	$	38,161	$	(12,912)

Series B	7,731,015	7,713,585	44,250		44,024
Series C	5,205,333	5,161,029	34,950		34,609
Series D	4,463,088	4,420,452	33,389		32,999
Series E	61,570,716	47,702,841	360,315		359,520
Series F	16,901,409	16,901,409	212,000		204,068
Total	111,874,110	95,203,554	$	723,065	$	662,308