XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2025
Jun. 30, 2024
Jun. 29, 2025
Jun. 30, 2024
Condensed Consolidated Statements of Operations and Comprehensive Loss        
Net revenue $ 81,520 $ 91,966 $ 145,675 $ 169,225
Cost of revenue 44,588 50,083 82,902 94,696
Gross profit 36,932 41,883 62,773 74,529
Selling and marketing expenses 21,993 24,914 37,908 42,607
General and administrative expenses 17,562 21,436 35,606 42,547
Loss from operations (2,623) (4,467) (10,741) (10,625)
Interest expense (856) (270) (1,433) (653)
Other income, net 546 272 1,169 498
Loss before benefit (provision) for income taxes (2,933) (4,465) (11,005) (10,780)
Income tax benefit (provision) (62) (6,331) 12 (5,752)
Net loss and comprehensive loss $ (2,995) $ (10,796) $ (10,993) $ (16,532)
Basic loss per share (In dollars per share) [1] $ (1.08) $ (3.92) $ (3.94) $ (6.02)
Diluted loss per share (In dollars per share) [1] $ (1.08) $ (3.92) $ (3.94) $ (6.02)
Basic weighted-average shares outstanding (In shares) [1] 2,782,417 2,757,119 2,787,924 2,745,877
Diluted weighted-average shares outstanding (In shares) [1] 2,782,417 2,757,119 2,787,924 2,745,877
[1] Amounts have been adjusted to reflect the 1-for-15 reverse stock split that became effective as of the opening of business on July 7, 2025. Refer to Note 2, Significant Accounting Policies in the accompanying Notes to the Condensed Consolidated Financial Statements for additional details.