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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 27, 2025
Dec. 28, 2024
Assets    
Cash $ 7,318 $ 7,177
Trade and other receivables, net 1,002 330
Digital assets receivable 27,749 23,776
Prepaid expenses 2,991 1,518
Other current assets 5,543 0
Current assets from discontinued operations 205 2,200
Total current assets 44,808 35,001
Property and equipment, net 29 0
Right of use assets 109 121
Cryptocurrency assets at fair value 1,534,244 0
Intangible assets, net 23,926 18,674
Goodwill 20,131 11,714
Other assets from discontinued operations 16,781 16,926
Total assets 1,640,028 82,436
Liabilities:    
Accounts payable 4,011 3,231
Accrued liabilities - other 8,780 2,553
Digital assets payable 31,843 30,918
Convertible debentures 563 563
Operating lease liabilities 11 10
Current liabilities from discontinued operations 2,718 2,850
Total current liabilities 56,397 40,937
Deferred income taxes, net 14,914 1,041
Notes payable 8,655 11,570
Operating lease liabilities 107 113
Other noncurrent liabilities 17 108
Noncurrent liabilities from discontinued operations 0 0
Total liabilities 80,090 53,769
Commitments and contingencies (Note 9)
Mezzanine equity    
Convertible preferred stock, series S - par value $0.001 per share 200,000 authorized, 100,000 shares issued and outstanding at September 27, 2025 and December 28, 2024 3,900  
Stockholders' equity:    
Common stock, par value $0.001 per share, 200,000,000 shares authorized,126,089,629 and 15,417,693 shares issued and outstanding at September 27, 2025 and at December 28, 2024, respectively 117 9
Accumulated other comprehensive loss 5,204 (2,317)
Additional paid-in capital 1,550,088 62,207
Accumulated deficit (19,893) (56,879)
Equity attributable to ALT5 Sigma Corporation shareholders 1,552,882 20,886
Noncontrolling interest 3,200 3,925
Total liabilities and stockholders' equity 1,640,028 82,436
Preferred stock, series A - par value $0.001 per share 2,000,000 authorized, 0 and 23,480 shares issued and outstanding at September 27, 2025 and December 28, 2024, respectively    
Stockholders' equity:    
Preferred stock 0 0
Preferred stock, series B - par value $0.001 per share, 34,250 authorized, 34,207 shares issued and outstanding at September 27, 2025 and December 28, 2024    
Stockholders' equity:    
Preferred stock 8,552 8,552
Convertible preferred stock, series I - par value $0.001 per share, 2,000,000 authorized, 17,000 shares issued and outstanding at September 27, 2025 and December 28, 2024    
Stockholders' equity:    
Preferred stock 0 0
Preferred stock, series M - par value $0.001 per share, 3,200 authorized, 0 and 3,200 shares issued and outstanding at September 27, 2025 and December 28, 2024, respectively    
Stockholders' equity:    
Preferred stock 0 0
Preferred stock, series Q - par value $0.001 per share, 2,000,000 authorized, 732,460 and 925,212 shares issued and outstanding at September 27, 2025 and December 28, 2024, respectively    
Stockholders' equity:    
Preferred stock 821 1,321
Convertible preferred stock, series S - par value $0.001 per share 200,000 authorized, 100,000 and 100,000 shares issued and outstanding at September 27, 2025 and December 28, 2024, respectively    
Mezzanine equity    
Convertible preferred stock, series S - par value $0.001 per share 200,000 authorized, 100,000 shares issued and outstanding at September 27, 2025 and December 28, 2024 3,856 3,856
Stockholders' equity:    
Preferred stock 7,993 7,993
Convertible preferred stock, series V - par value $0.001 per share, 125,000 authorized, 0 and 5,000 shares issued and outstanding at September 27, 2025 and December 28, 2024, respectively    
Stockholders' equity:    
Preferred stock 0 0
Nonrelated Party    
Liabilities:    
Related party notes payable and advances 8,318 0
Related Party    
Liabilities:    
Related party notes payable and advances $ 153 $ 812