Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' (DEFICIT) EQUITY AND SERIES A PREFERRED STOCK

v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' (DEFICIT) EQUITY AND SERIES A PREFERRED STOCK - USD ($)
$ in Thousands
Series A Preferred stock
Preferred Stock
Stockholders' (deficit) equity
Common stock
Treasury stock
Additional paid-in capital
(Accumulated deficit) retained earnings
Accumulated other comprehensive loss
Noncontrolling interests
Total
Balance at Dec. 31, 2023   $ 69,176 $ 3 $ (15,051) $ 58,270 $ 28,884 $ (2,930) $ (1,816) $ 67,360
Balance (in shares) at Dec. 31, 2023     31,283,975            
Stockholders' Equity                  
Stock-based compensation   6,018     6,018       $ 6,018
Stock-based compensation (in shares)     175,307            
Exercise of stock options (in shares)                 50,000
Exercise of stock options and warrants   242     242       $ 242
Exercise of stock options and warrants (in shares)     50,000            
Issuance of vested restricted shares, net of tax withholding   (827)     (827)       (827)
Issuance of vested restricted shares, net of tax withholding (in shares)     271,762            
Purchase of treasury stock   (3,151)   (3,151)         $ (3,151)
Purchase of treasury stock (in shares)     (743,201)           700,000
Warrants   10,771     10,771       $ 10,771
Series A Preferred Stock paid-in kind dividend and accretion   (19,142)     (7,356) (11,786)     (19,142)
Loss on foreign currency translation, net   (98)         (98)   (98)
Net income (loss)   (17,098)       (17,098)   (829) (17,927)
Balance at Dec. 31, 2024   45,891 $ 3 (18,202) 67,118   (3,028) (2,645) 43,246
Balance (in shares) at Dec. 31, 2024     31,037,843            
Temporary Equity                  
Series A Preferred Stock issuance $ 138,943                
Series A Preferred Stock issuance ( in shares) 160,000                
Series A Preferred Stock paid-in kind dividend and accretion $ 19,142                
Series A preferred stock, ending balance at Dec. 31, 2024 $ 158,085               $ 158,085
Series A preferred stock, ending balance (Shares) at Dec. 31, 2024 160,000               160,000
Stockholders' Equity                  
Stock-based compensation   5,440     5,440       $ 5,440
Stock-based compensation (in shares)     305,718            
Issuance of vested restricted shares, net of tax withholding   (603)     (603)       (603)
Issuance of vested restricted shares, net of tax withholding (in shares)     282,010            
Purchase of treasury stock   (1,106)   (1,106)         $ (1,106)
Purchase of treasury stock (in shares)     (383,227)           400,000
Series A Preferred Stock paid-in kind dividend and accretion   (33,218)     (32,243) (975)     $ (33,218)
Loss on foreign currency translation, net   (1)         (1)   (1)
Net income (loss)   (92,241)       (92,241)   (1,344) (93,585)
Balance at Dec. 28, 2025   $ (75,838) $ 3 $ (19,308) $ 39,712 $ (93,216) $ (3,029) $ (3,989) (79,827)
Balance (in shares) at Dec. 28, 2025     31,242,344            
Temporary Equity                  
Series A Preferred Stock paid-in kind dividend and accretion $ 33,218                
Series A preferred stock, ending balance at Dec. 28, 2025 $ 191,303               $ 191,303
Series A preferred stock, ending balance (Shares) at Dec. 28, 2025 160,000               160,000