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Stock-Based Compensation (Tables)
 12 Months Ended
Dec. 29, 2023
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity

For the fiscal year ended December 29, 2023, stock option activity was as follows:

 

 

 

Stock Options

 

 

 

Number of shares

 

 

Weighted average exercise price per share

 

 

Weighted average grant date fair value

 

 

Weighted average years of remaining contractual term

 

Outstanding as of December 30, 2022

 

 

4,489,094

 

 

$

1.26

 

 

$

—

 

 

 

8.33

 

Exercised

 

 

(10,077

)

 

 

1.26

 

 

 

—

 

 

 

—

 

Forfeited

 

 

(184,888

)

 

 

1.26

 

 

 

0.28

 

 

 

—

 

Vested

 

 

(156,946

)

 

 

1.26

 

 

 

—

 

 

 

—

 

Outstanding as of December 29, 2023

 

 

4,137,183

 

 

 

1.26

 

 

 

—

 

 

 

7.60

 

Exercisable as of December 29, 2023

 

 

2,701,306

 

 

$

1.26

 

 

$

—

 

 

 

7.60