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FAIR VALUE MEASUREMENTS (Tables)
 9 Months Ended
Sep. 28, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The Company’s financial liabilities subject to fair value measurement on a recurring basis and the level of inputs used for such measurements were as follows:
Fair Value Measured on September 28, 2025
Level 1Level 2Level 3Total
Liabilities:
Warrant liability (Public)$2,482 $— $— $2,482 
Warrant liability (Private)— — 1,270 1,270 
Earn-out liability— — 1,870 1,870 
Interest rate collar liability— 4,331 — 4,331 
Total fair value liabilities$2,482 $4,331 $3,141 $9,953 
Fair Value Measured on December 31, 2024
Level 1Level 2Level 3Total
Liabilities:
Warrant liability (Public)$548 $— $— $548 
Warrant liability (Private)— — 265 265 
Earn-out liability— — 1,148 1,148 
Interest rate collar liability— 60 — 60 
Total fair value liabilities$548 $60 $1,413 $2,021 
Fair Value Measurement Inputs and Valuation Techniques
The fair value of Private Warrants was estimated as of the measurement date using the Monte Carlo simulation model with the following assumptions:
September 28, 2025December 31, 2024
Valuation date price$3.25 $3.02 
Strike price$11.50 $11.50 
Remaining life (in years)0.801.54
Expected dividend$— $— 
Risk-free interest rate3.67%4.12%
Price threshold$18.00 $18.00 
The fair value of the earn-out liability was estimated as of the measurement date using the Monte Carlo simulation model with the following assumptions:
September 28, 2025December 31, 2024
Valuation date price$3.25 $3.02 
Expected term (in years)2.803.54
Expected volatility110.08%64.33%
Risk-free interest rate3.59%4.21%
Price hurdle$15.00 $15.00 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The reconciliation of changes in Level 3 liabilities during the 39-week periods ended September 28, 2025 and September 29, 2024 is as follows:
Private WarrantsEarn-Out LiabilityTotal
Balance at December 31, 2023$2,903 $3,479 $6,382 
Gains included in earnings(2,638)(2,341)(4,979)
Balance at September 29, 2024$265 $1,138 $1,403 
Balance at December 31, 2024$265 $1,148 $1,413 
Losses included in earnings1,006 722 1,728 
Balance at September 28, 2025$1,271 $1,870 $3,141