Restatement of Previously Issued Unaudited Condensed Consolidated Financial Statements (Unaudited) (Tables)

12 Months Ended

Sep. 28, 2024

Accounting Changes and Error Corrections [Abstract]

Schedule of Restatement of Previously Issued Unaudited Condensed Consolidated Financial Statements

The following two tables present the Company’s selected quarterly financial data (unaudited):

	Three Months Ended
	December 30, 2023		March 30, 2024		June 29, 2024		September 28, 2024
	As Restated		As Restated		As Restated
	(in thousands, except per share amounts)
Revenue
Systems	$	347,705	$	370,693	$	450,595	$	536,447
Total revenue	359,943		393,332		470,338		564,566
Cost of revenue
Systems	283,946		342,124		398,761		442,010
Total cost of revenue	295,886		363,112		415,365		468,150
Gross profit	64,057		30,220		54,973		96,416
Operating income (loss)	(25,099)		(64,894)		(37,620)		10,888
Income (loss) before income tax and equity method investment	(18,900)		(55,082)		(26,005)		20,304
Income tax benefit (expense)	(172)		252		(182)		(4,110)
Net income (loss)	(19,072)		(54,830)		(26,724)		15,954
Net income (loss) attributable to noncontrolling interests	(16,236)		(46,021)		(22,043)		13,118
Net income (loss) attributable to common stockholders	$	(2,836)	$	(8,809)	$	(4,681)	$	2,836
Income (loss) per share of Class A Common Stock:
Basic and Diluted(1)	$	(0.03)	$	(0.09)	$	(0.05)	$	0.03

(1) For the three months ended September 28, 2024, basic and diluted EPS were calculated as the same value and as such presented on the same line.

	Three Months Ended
	December 24, 2022		March 25, 2023		June 24, 2023		September 30, 2023
	(in thousands, except per share amounts)
Revenue
Systems	$	197,901	$	257,603	$	302,350	$	380,205
Total revenue	206,312		266,854		311,837		391,888
Cost of revenue
Systems	160,931		213,060		244,660		321,425
Total cost of revenue	171,118		224,007		258,928		333,099
Gross profit	35,194		42,847		52,909		58,789
Operating loss	(69,569)		(57,717)		(42,009)		(53,935)
Loss before income tax	(67,735)		(55,433)		(39,072)		(50,274)
Income tax benefit (expense)	(251)		17		(5)		4,859
Net loss	(67,986)		(55,416)		(39,077)		(45,415)
Net loss attributable to noncontrolling interests	(60,793)		(49,298)		(34,730)		(39,207)
Net loss attributable to common stockholders	$	(7,193)	$	(6,118)	$	(4,347)	$	(6,208)
Loss per share of Class A Common Stock:
Basic and Diluted	$	(0.12)	$	(0.10)	$	(0.07)	$	(0.08)