v3.26.1
Revenue recognition (Tables)
7 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following tables present disaggregated revenues:
May 26, 2025 throughYear endedYear ended
December 31, 2025May 25, 2025May 26, 2024
CDMO$51,489 $90,095 $96,616 
HA manufacturing24,032 38,772 31,645 
Total$75,521 $128,867 $128,261 
Revenues recognized over time$14,232 $23,194 $29,361 
Revenues recognized at a point in time61,289 105,673 98,900 
Total$75,521 $128,867 $128,261 
Schedule of Contract Assets and Liabilities
The following table presents changes in contract assets and liabilities:
Contract assets, current
Contract liabilities, current
Contract liabilities, noncurrent
Balance at May 26, 2024$4,069 $(2,113)$(4,960)
Changes to the beginning balance arising from:
Amounts billed as accounts receivable as the result of rights to consideration becoming unconditional(4,069)— — 
Recognition of revenue as the result of performance obligations satisfied— 2,113 — 
Reclassification of scheduled satisfaction of performance obligations from noncurrent to current due to passage of time— — 2,295 
Net change to contract balance recognized after beginning of period due to amounts billed, recognition of revenue, changes in estimate, reclassifications from noncurrent to current, and interest from significant financing component6,979 (3,415)(360)
Balance at May 25, 20256,979 (3,415)(3,025)
Changes to the beginning balance arising from:
Amounts billed as accounts receivable as the result of rights to consideration becoming unconditional
(6,333)— — 
Recognition of revenue as the result of performance obligations satisfied
— 921 — 
Reclassification of scheduled satisfaction of performance obligations from noncurrent to current due to passage of time
— — 2,991 
Net change to contract balances recognized after the comparative balance sheet date due to amounts billed, recognition of revenue, changes in estimate, reclassifications from noncurrent to current, and interest from significant financing component
7,009 (6,166)34 
Balance at December 31, 2025$7,655 $(8,660)$—