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BUSINESS ACQUISITION (Tables)
 12 Months Ended
Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Schedule of Purchase Price Allocation and Estimated Transaction Costs
The allocation of the purchase price and the transaction costs is as follows (in thousands):

Fair value of assets acquired
As of September 7,
2021
Restricted cash203 
Property and equipment, net707 
Other assets660 
Developed technology20,050 
Goodwill29,695 
Total assets acquired$51,315 
Fair value of liabilities assumed
Other liabilities628
Total liabilities assumed$628 
Total identifiable net assets$50,687 
Fair value of consideration
Cash consideration, net of cash acquired 2,762 
Closing third party expenses781 
Equity consideration30,704 
Contingent equity consideration16,440 
Total consideration$50,687 
Schedule of Fair Consideration
The allocation of the purchase price and the transaction costs is as follows (in thousands):

Fair value of assets acquired
As of September 7,
2021
Restricted cash203 
Property and equipment, net707 
Other assets660 
Developed technology20,050 
Goodwill29,695 
Total assets acquired$51,315 
Fair value of liabilities assumed
Other liabilities628
Total liabilities assumed$628 
Total identifiable net assets$50,687 
Fair value of consideration
Cash consideration, net of cash acquired 2,762 
Closing third party expenses781 
Equity consideration30,704 
Contingent equity consideration16,440 
Total consideration$50,687 
Schedule of Unaudited Pro Forma Information
The following unaudited pro forma summary presents consolidated information of the Company as if the business acquisition occurred on December 28, 2020.

(dollar amounts in thousands)
Fiscal Year Ended
December 26, 2021
Revenue
$340,807 
Net loss attributable to Sweetgreen, Inc.
$(156,050)