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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 03, 2025
Dec. 29, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 33,730 $ 62,939
Restricted cash 2,065 971
Accounts receivable, net 42,988 54,178
Contract assets, current 46,603 125,943
Prepaids and other current assets 15,614 13,427
TOTAL CURRENT ASSETS 141,000 257,458
Property, plant and equipment, net 19,132 46,373
Intangible assets, net 6,667 9,244
Contract assets, non-current 23,517 48,316
Lease right-of-use assets 24,232 23,855
Investment in unconsolidated joint ventures 19,016 21,283
Deferred tax assets 0 17,252
Other assets 300 2,871
TOTAL ASSETS 233,864 426,652
CURRENT LIABILITIES    
Accounts payable 46,475 81,589
Contract liabilities, current 102,524 115,785
Accrued salaries, wages and benefits 28,950 26,911
Accrued expenses 38,556 33,897
Other current liabilities 13,759 13,071
TOTAL CURRENT LIABILITIES 230,264 271,253
Long-term debt, net 9,478 29,627
Lease liabilities, non-current 15,987 15,045
Contract liabilities, non-current 113 3,215
Contingent consideration 4,686 15,488
Deferred tax liabilities 0 17,252
Other liabilities 8,010 4,282
TOTAL LIABILITIES 268,538 356,162
Commitments and Contingencies (Note 12)
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value, 100,000,000 shares authorized as of January 3, 2025 and December 29, 2023; 34,271,214 and 25,493,877 shares issued and outstanding as of January 3, 2025 and December 29, 2023, respectively 343 255
Additional paid-in-capital 43,353 24,445
Retained (deficit) earnings (78,211) 46,537
Non-controlling interests (159) (747)
TOTAL STOCKHOLDERS' EQUITY (34,674) 70,490
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY $ 233,864 $ 426,652