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Debt (Tables)
12 Months Ended
May 28, 2023
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Long-term debt consists of the following as of May 28, 2023 and May 29, 2022 (in thousands):
 May 28, 2023May 29, 2022
Term loan$142,503 $103,712 
Equipment sale finance liability7,730 — 
Total principal amount of long-term debt150,233 103,712 
Less: unamortized debt discount (2023) / Less: unamortized debt issuance costs (2022)
(605)(5,534)
Less: debt discount(64,792)— 
Total long-term debt, net of unamortized debt issuance costs84,836 98,178 
Less: current portion of long-term debt, net(580)(98,178)
Long-term debt, net$84,256 $— 
Schedule of Maturities of Long-term Debt
The future minimum principal payments of the Company’s term loan and equipment sale finance liability for each year presented are as follows (in thousands), excluding forecasted cash and paid-in-kind interest:
Fiscal year 2024$580 
Fiscal year 2025773 
Fiscal year 2026773 
Fiscal year 2027773 
Fiscal year 2028773 
Thereafter
146,561 
Total$150,233