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Other Expense, Net (Tables)
9 Months Ended
Sep. 28, 2025
Other Expense, Net [Abstract]  
Schedule of Other Expense, Net

Other expense, net consists of the following (in thousands):

 

   Thirteen Weeks Ended   Thirty-Nine Weeks Ended 
   September 28,
2025
   September 29,
2024
   September 28,
2025
   September 29,
2024
 
Loss on issuance of derivative liabilities(1)  $   $(24,688)  $   $(24,688)
Change in fair value of derivative liabilities(2)   (2,034)   (37,875)   1,639    (37,875)
Change in fair value of forward purchase agreement liabilities(3)   (2,420)   7,728    (807)   4,906 
Change in fair value of SAFE Agreement with related party   (79)   (900)   (113)   (900)
Change in fair value of FACT public, private placement and working capital warrants   (78)   (6,052)   (3,122)   (6,295)
Change in fair value of Carlyle Warrants with related party               2,869 
Change in fair value of redeemable convertible preferred stock warrant liability               1,310 
Loss on conversion of SAFE Agreements to common stock with related party               (1,250)
Other financing costs       (3,812)       (3,812)
Other, net(4)   355    (85)   679    (499)
Total Other Expense, net  $(4,256)  $(65,684)  $(1,724)  $(66,234)

 

(1) Includes $3.0 million of related party expense in each of the thirteen and thirty-nine week periods ended September 29, 2024.
(2) Includes a loss of $0.3 million and a gain of $1.8 million due to related parties in the thirteen and thirty-nine week periods ended September 28, 2025, respectively. Includes a loss of $22.8 million due to related parties in each of the thirteen and thirty-nine week periods ended September 29, 2024. Refer to Note 9 – Borrowings and Derivative Liabilities for details.

 

(3) Includes a gain of zero and $0.1 million due to related parties for the thirteen and thirty-nine week periods ended September 28, 2025, respectively. Includes a gain from related parties of $2.8 million and $1.8 million due to related parties in the thirteen and thirty-nine week periods ended September 29, 2024, respectively.

 

(4) Includes zero and $0.1 million of income due to related parties in the thirteen and thirty-nine week periods ended September 28, 2025, respectively.