XML 11 R4.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 29, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenue $ 120,043 $ 164,108
Cost of revenue 135,903 157,886
Gross margin (15,860) 6,222
Selling, general and administrative expenses 15,524 15,558
Amortization of intangibles 644 658
Total operating expenses 16,168 16,216
Equity in earnings (loss) of unconsolidated joint ventures 263 (541)
(Loss) gain on sale of assets (26) 1,540
Loss from operations (31,791) (8,995)
Other expense, net 1,543 338
Net loss before income tax (33,334) (9,333)
Income tax expense 0 0
Net (loss) income (33,334) (9,333)
Net (loss) income attributable to non-controlling interests (1) 4
Net loss attributable to Shimmick Corporation $ (33,333) $ (9,337)
Net loss attributable to Shimmick Corporation per common share    
Basic $ (1.3) $ (0.43)
Diluted $ (1.3) $ (0.43)