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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 28, 2024
Dec. 30, 2023
Assets    
Cash and cash equivalents $ 7,177 $ 5
Trade and other receivables, net 2,530 266
Digital assets receivable 23,776 0
Prepaid expenses and other current assets 1,518 75
Total current assets 35,001 346
Property and equipment, net 1,170 0
Right of use assets 121 0
Intangible assets, net 34,430 17,846
Marketable securities 0 286
Deposits and other assets 0 9
Goodwill 11,714 0
Total assets 82,436 18,487
Liabilities:    
Accounts payable 3,231 2,272
Accrued liabilities 2,553 3,633
Digital assets payable 30,918 0
Convertible debentures 563 0
Operating lease liabilities 10 0
Total current liabilities 40,937 5,905
Deferred income taxes, net 1,041 639
Notes payable 11,570 0
Operating lease liabilities 113 0
Other noncurrent liabilities 108 34
Total liabilities 53,769 7,285
Commitments and Contingencies (Note 21)
Stockholders' equity:    
Common stock, par value $0.001 per share, 200,000,000 shares authorized, 15,417,693 and 2,827,410 shares issued and outstanding at December 28, 2024 and at December 30, 2023, respectively 9 3
Additional paid in capital 62,207 47,323
Accumulated deficit (56,879) (50,634)
Accumulated other comprehensive loss (2,317) 0
Equity attributable to ALT5 Sigma Corporation shareholders 20,886 (3,308)
Noncontrolling interest 3,925 0
Total stockholders' equity 24,811 (3,308)
Total liabilities, mezzanine equity, and stockholders' equity 82,436 18,487
Convertible preferred stock, series A-1 - par value $0.001 per share 2,000,000 authorized, 23,480 and 193,730 shares issued and outstanding at December 28, 2024 and December 30, 2023, respectively    
Stockholders' equity:    
Preferred stock 0 0
Preferred stock, series B - par value $0.001 per share, 34,250 authorized, 34,207 and 0 shares issued and outstanding at December 28, 2024 and December 30, 2023, respectively    
Stockholders' equity:    
Preferred stock 8,552 0
Convertible preferred stock, series I - par value $0.001 per share, 2,000,000 authorized, 17,000 and 0 shares issued and outstanding at December 28, 2024 and December 30, 2023, respectively    
Stockholders' equity:    
Preferred stock 0 0
Preferred stock, series M - par value $0.001 per share, 3,200 authorized, 3,200 and 0 shares issued and outstanding at December 28, 2024 and December 30, 2023, respectively    
Stockholders' equity:    
Preferred stock 0 0
Convertible Preferred stock, series Q - par value $0.001 per share, 2,000,000 authorized, 925,212 and 0 shares issued and outstanding at December 28, 2024 and December 30, 2023, respectively    
Stockholders' equity:    
Preferred stock 1,321 0
Convertible preferred stock, series S - par value $0.001 per share, 200,000 authorized, 100,000 and 100,000 shares issued and outstanding at December 28, 2024 and December 30, 2023, respectively    
Mezzanine equity    
Convertible preferred stock, series S - par value $0.001 per share 200,000 authorized, 100,000 shares issued and outstanding at December 28, 2024 and December 30, 2023 3,856 14,510
Stockholders' equity:    
Preferred stock 7,993 0
Convertible preferred stock, series V - par value $0.001 per share, 125,000 authorized, 5,000 shares and 0 issued and outstanding at December 28, 2024 and December 30, 2023, respectively    
Stockholders' equity:    
Preferred stock 0 0
Related Party    
Liabilities:    
Due to Soin 2,850 0
Notes payable 812 0
Related party notes payable $ 0 $ 707