Goodwill and Other Intangible Assets (Tables)

9 Months Ended

12 Months Ended

Sep. 28, 2025

Dec. 29, 2024

Schedule of Other Intangible Assets with Finite Useful Lives

The following table represents the Company’s other intangible assets with finite useful lives as of September 28, 2025, and December 29, 2024 (in thousands):

As of September 28, 2025	Gross Carrying Amount		Accumulated Amortization			Net Book Value
Customer related intangible	$	9,279	$	—		$	9,279
Trademark – Blue Raven Solar ⁽¹⁾		7,094		(840	)		6,254
Trademark – SunPower ⁽¹⁾		4,300		(520	)		3,780
Trademark – Sunder		2,427		—			2,427
Developed technology ⁽¹⁾		4,500		(1,500	)		3,000
Developed technology – Sunder		14,216		—			14,216
Total	$	41,816	$	(2,860	)	$	38,956

As of December 29, 2024	Gross Carrying Amount		Accumulated Amortization			Net Book Value
Trademark – Blue Raven Solar ⁽¹⁾	$	8,400	$	(210	)	$	8,190
Trademark – SunPower ⁽¹⁾		5,200		(130	)		5,070
Developed technology ⁽¹⁾		4,500		(375	)		4,125
Total	$	18,100	$	(715	)	$	17,385

(1)

The gross carrying amounts as of September 28, 2025 reflect the final allocation of the purchase consideration in connection with the SunPower Acquisition. The gross carrying amounts as of December 29, 2024 were provisional amounts.

The following table represents our other intangible assets with finite useful lives as of December 29, 2024 (in thousands):

	Gross Carrying Amount		Accumulated Amortization			Net Book Value
Trademark - Blue Raven Solar	$	8,400	$	(210	)	$	8,190
Trademark - SunPower		5,200		(130	)		5,070
Developed technology		4,500		(375	)		4,125
Total	$	18,100	$	(715	)	$	17,385

Schedule of Estimated Amortization Expense Related to Intangible Assets

The estimated amortization expense related to intangible assets with finite useful lives is as follows (in thousands):

Fiscal Year	Estimated Amortization Expense
2025	$	2,860
2026		2,860
2027		2,485
2028		1,360
2029		1,360
Thereafter		6,460
Total	$	17,385

SunPower Inc. S-1