v3.26.1
Stock-based compensation (Tables)
 7 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Weighted Average Assumptions
The following table presents information about stock options:
 May 26, 2025 throughYear endedYear ended
 December 31, 2025May 25, 2025May 26, 2024
Information about stock options granted:
Weighted-average grant date fair value per share$4.56 $4.32 $3.91 
Weighted-average assumptions used to determine grant-date fair value:
Expected life4.4 years4.4 years4.4 years
Risk-free interest rate3.6 %4.0 %4.3 %
Volatility88 %84 %58 %
Dividend yield— %— %— %
Intrinsic value of stock options exercised$34 $— $115 
Tax benefit of options exercised
$7 $— $35 
Schedule of Other Information about Stock-Based Awards
The following table presents information about other stock-based awards:
 May 26, 2025 throughYear endedYear ended
 December 31, 2025May 25, 2025May 26, 2024
Information about awards granted:
Weighted-average grant date fair value per share
RSUs granted$7.37 $5.50 $7.48 
PSUs granted— 3.85 4.66 
Weighted-average assumptions used to determine grant-date fair value of PSUs:
Expected life— 5.0 years5.0 years
Risk-free interest rate— 3.7 %4.4 %
Volatility— 82 %78 %
Dividend yield— — %— %
RSUs vested5.95 7.93 7.74 
PSUs vested5.24 4.24 — 
The following table summarizes stock-based compensation by income statement line item:
May 26, 2025 throughYear endedYear ended
December 31, 2025May 25, 2025May 26, 2024
Cost of sales
$402 $856 $582 
Research and development expense267 (122)168 
Selling, general and administrative expense5,002 9,424 5,451 
Stock-based compensation expense$5,671 $10,158 $6,201 
Summary of Stock Option Activity
The following table presents information about stock option balances and activity:
 SharesWeighted-average exercise price per shareWeighted-average remaining contractual term
Aggregate intrinsic value
Outstanding at May 25, 20251,260,299 $8.57 
Granted376,991 6.81 
Exercised(10,737)4.63 
Forfeited(31,294)7.07 
Expired(218,205)10.62 
Outstanding at December 31, 20251,377,054 7.83 5.3 years$1,424 
Exercisable at December 31, 2025525,196 9.68 3.5 years155 
Summary of Stock-based Compensation Activity
The following table presents information about recent RSU and PSU activity:
RSUsPSUs
 SharesWeighted-average grant date fair value per shareSharesWeighted-average grant date fair value per share
Outstanding at May 25, 20251,519,287 $6.23 2,545,000 $4.32 
Granted262,511 7.37 — — 
Vested(314,216)5.95 (262,000)5.24 
Forfeited(27,163)8.10 — — 
Outstanding at December 31, 20251,440,419 6.46 2,283,000 4.25