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Unaudited Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Mar. 29, 2025
Mar. 30, 2024
Revenue:        
Total revenue $ 549,651 $ 393,332 $ 1,036,344 $ 753,275
Cost of revenue:        
Total cost of revenue 441,823 363,112 848,477 658,999
Gross profit 107,828 30,220 187,867 94,276
Operating expenses:        
Research and development expenses 61,540 46,462 105,133 88,606
Selling, general, and administrative expenses 78,347 48,652 139,421 95,663
Total operating expenses 139,887 95,114 244,554 184,269
Operating loss (32,059) (64,894) (56,687) (89,993)
Other income, net 11,714 9,812 19,536 16,011
Loss before income tax and equity method investment (20,345) (55,082) (37,151) (73,982)
Income tax benefit 1,397 252 1,248 80
Loss from equity method investment (2,490) 0 (4,055) 0
Net loss (21,438) (54,830) (39,958) (73,902)
Net loss attributable to noncontrolling interests (17,513) (46,021) (32,557) (62,257)
Net loss attributable to common stockholders $ (3,925) $ (8,809) $ (7,401) $ (11,645)
Loss per share of Class A Common Stock:        
Basic (in dollars per share) $ (0.04) $ (0.09) $ (0.07) $ (0.13)
Diluted (in dollars per share) $ (0.04) $ (0.09) $ (0.07) $ (0.13)
Weighted-average shares of Class A Common Stock outstanding:        
Basic (in shares) 107,726,978 93,043,769 106,900,622 88,155,791
Diluted (in shares) 107,726,978 93,043,769 106,900,622 88,155,791
Systems        
Revenue:        
Total revenue $ 513,372 $ 370,693 $ 977,431 $ 718,398
Cost of revenue:        
Total cost of revenue 414,560 342,124 796,378 626,071
Software maintenance and support        
Revenue:        
Total revenue 6,685 2,566 12,210 4,735
Cost of revenue:        
Total cost of revenue 2,095 1,936 3,979 3,662
Operation services        
Revenue:        
Total revenue 29,594 20,073 46,703 30,142
Cost of revenue:        
Total cost of revenue $ 25,168 $ 19,052 $ 48,120 $ 29,266