Technology Partner Innovations, LLC ("TPI")

9 Months Ended

Jan. 25, 2025

Equity Method Investments and Joint Ventures [Abstract]

Technology Partner Innovations, LLC ("TPI")

Technology Partner Innovations, LLC ("TPI")

In fiscal 2019, we entered into an agreement with Cure Partners to form TPI, which offers a cloud-based practice management software, NaVetor, to its customers. We have determined that TPI is a variable interest entity, and we consolidate the results of operations of TPI as we have concluded that we are the primary beneficiary of TPI. Since TPI was formed, there have been no changes in ownership interests. No additional net assets were contributed during the nine months ended January 25, 2025 or fiscal year ended April 27, 2024. As of January 25, 2025, we had noncontrolling interests of $354 on our Condensed Consolidated Balance Sheets.

Net loss attributable to the noncontrolling interest was $85 and $110 for the three months ended January 25, 2025 and January 27, 2024, respectively and $234 and $317 for the nine months ended January 25, 2025 and January 27, 2024, respectively.