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TRANSACTIONS WITH SUNPOWER AND TOTALENERGIES (Tables)
12 Months Ended
Dec. 31, 2023
Related Party Transactions [Abstract]  
Summary of Transactions with SunPower Subsequent to the Spin-off
The below table summarizes our transactions with SunPower, in relation to these agreements:
Fiscal Year Ended
(In thousands)December 31, 2023January 1, 2023January 2, 2022
Charges from product collaboration agreement$1,861 $17,035 $32,887 
Net (credit) charges from transition services agreement(78)(3,019)5,217 

We had the following balances related to transactions with SunPower as of December 31, 2023 and January 1, 2023:
As of
(In thousands)December 31, 2023January 1, 2023
Accounts receivable$584 $5,403 
Other receivables from SunPower (Note 6)
3,448 14,703 
Other receivables, non-current6,220 1,458 
Accounts payable1,798 1,910 
Accrued liabilities (Note 6)
2,198 7,769 
Schedule of Related Party Transactions with Total Energies
The following related party balances and amounts are associated with transactions entered into with TotalEnergies and its affiliates:
As of
(In thousands)December 31, 2023January 1, 2023
Accounts receivable$13,390 $10,732 
Other receivables, current794 — 
Accounts payable
232 8 
Contract liabilities, current portion
218 58,852 
Contract liabilities, net of current portion
— 4,319 
Refund liabilities (Note 6)
18,229 22,146 
Fiscal Year Ended
(In thousands)December 31, 2023January 1, 2023January 2, 2022
Revenue$99,694 $76,216 $14,733 
The following related party balances and amounts summarizes transactions entered into with TZE and its affiliates, excluding transactions with HSPV:
As of
(In thousands)December 31, 2023January 1, 2023
Prepayment for purchases
$— $15,009 
Convertible notes (Note 11)
207,000 207,000 
Fiscal Year Ended
(In thousands)December 31, 2023January 1, 2023January 2, 2022
Payments for purchases of silicon wafer $121,770 $87,228 $10,392 
Contractual interest expense on 2027 Notes
15,525 5,822 — 
Related-party transactions with Huansheng JV are as follows:
As of
(In thousands)December 31, 2023January 1, 2023
Accounts payable$9,920 $38,452 
Fiscal Year Ended
(In thousands)December 31, 2023January 1, 2023January 2, 2022
Payments made to investee for products/services$226,118 $331,004 $249,670