v3.25.1

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Apr. 04, 2025	Mar. 29, 2024
Income Statement [Abstract]
Revenue	$ 122,110	$ 120,043
Cost of revenue	117,414	135,903
Gross margin	4,696	(15,860)
Selling, general and administrative expenses	14,368	16,168
Total operating expenses	14,368	16,168
Equity in earnings of unconsolidated joint ventures	726	263
Gain (loss) on sale of assets	66	(26)
Loss from operations	(8,880)	(31,791)
Interest expense	1,000	897
Other (income) expense, net	(110)	646
Net loss before income tax	(9,770)	(33,334)
Income tax expense	0	0
Net income (loss)	(9,770)	(33,334)
Net loss attributable to non-controlling interests	0	(1)
Net loss attributable to Shimmick Corporation	$ (9,770)	$ (33,333)
Net loss attributable to Shimmick Corporation per common share
Basic	$ (0.28)	$ (1.3)
Diluted	$ (0.28)	$ (1.3)

The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(2)(d))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(2)(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 924
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479941/924-10-S99-1

Shimmick Corp 10-Q