NET LOSS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Calculation of basic and diluted earnings per share

The following table presents the calculation of the Company’s basic and diluted net loss per share attributable to common stockholders:

	Three Months Ended				Six Months Ended
(in thousands, except share and per share data)	June 30, 2024		July 2, 2023		June 30, 2024		July 2, 2023
Numerator
Net loss	$	(1,585,337)	$	(193,044)	$	(1,804,251)	$	(386,710)
Denominator
Weighted average shares of common stock—basic and diluted	31,049,148		31,049,148		31,049,148		31,049,148
Net loss per share attributable to common stockholders
Basic	$	(51.06)	$(6.22)		$	(58.11)	$(12.45)
Diluted	$	(51.06)	$(6.22)		$	(58.11)	$(12.45)