XML 46 R35.htm IDEA: XBRL DOCUMENT v3.25.3
Capital Stock (Tables)
9 Months Ended
Sep. 28, 2025
Capital Stock [Abstract]  
Schedule of Reserved Shares of Common Stock

The Company has reserved shares of common stock for issuance related to the following:

 

    As of  
    September 28,     December 29,  
    2025     2024  
Common stock warrants     25,670,265       31,670,265  
Employee stock purchase plan     3,174,434       2,628,996  
Stock options and RSUs, issued and outstanding     20,553,533       11,979,368  
Stock options and RSUs, authorized for future issuance     10,528,534       2,577,895  
SAFE Agreement     2,750,000       2,750,000  
Forward purchase agreements     6,720,000       6,720,0000  
Convertible notes     77,821,528       58,579,636  
Deferred consideration     6,666,666        
Total shares reserved     153,884,960       116,906,160  
Schedule of Common Stock for Outstanding Warrants

The potential number of shares of the Company’s common stock for outstanding warrants were as follows:

  

   Potential shares of common
stock as of
   Exercise     
   September 28,
2025
   December 29,
2024
   price per
share
   Expiration date 
Liability classified warrants               
Public Warrants   6,266,667    6,266,667   $11.50   July 18, 2028 (1) 
Private Placement Warrants   8,625,000    8,625,000    11.50   July 18, 2028 (1) 
Working Capital Warrants   716,668    716,668    11.50   July 18, 2028 (1) 
Total shares of common stock – liability classified warrants   15,608,335    15,608,335          
Equity classified warrants                   
Series B Warrants (converted to common stock warrants)   5,054    5,054   $4.30   February 2026 
Series C Warrants (converted to common stock warrants)   482,969    482,969    1.00   July 2026 
Series C-1 Warrants (converted to common stock warrants)   173,067    173,067    0.01   January 2030 
SVB Common Stock Warrants   2,473    2,473    0.38   2033 
SVB Common Stock Warrants   2,525    2,525    0.62   2033 
Promissory Note Common Stock Warrants   24,148    24,148    0.01   October 2031 
July 2023 Common Stock Warrants   38,981    38,981    0.01   July 2028 
Common Stock Warrants Issued in 2023 (“Merger Warrants”)   6,266,572    6,266,572    11.50   July 18, 2033 
Ayna Warrant       6,000,000    0.01   June 2029 
Cantor Warrant   3,066,141    3,066,141    1.68   June 2029 
Total shares of common stock – equity classified warrants   10,061,930    16,061,930          
Total potential shares of common stock   25,670,265    31,670,265          

  

(1) The warrants expire five years after the Closing date of the Mergers, which date was July 18, 2023, or earlier upon redemption or liquidation.