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Balance Sheet Components (Tables)
 12 Months Ended
Jan. 01, 2023
Balance Sheet Related Disclosures [Abstract]  
Schedule of Accounts Receivable, Net
As of
January 1, 2023January 2, 2022
(In thousands)
(As Restated)
(As Restated)
Accounts receivable, gross$184,733 $134,651 
Less: allowance for credit losses(14,750)(14,375)
Less: allowance for sales returns(309)(269)
     Accounts receivable, net$169,674 $120,007 
Schedule of Valuation and Qualifying Accounts Disclosure
(In thousands)Balance at Beginning of PeriodCharges (Releases) to Expenses / RevenuesAdditions (Deductions)Balance at End of Period
Allowance for credit losses:
   Year ended January 1, 2023
$14,375 $2,706 $(2,331)$14,750 
   Year ended January 2, 2022
13,850 2,447 (1,922)14,375 
   Year ended January 3, 2021
15,148 2,375 (3,673)13,850 
Allowance for sales returns:
   Year ended January 1, 2023
$269 $40 $— $309 
   Year ended January 2, 2022
181 88 — 269 
   Year ended January 3, 2021
285 (104)— 181 
Schedule of Inventory
As of
January 1, 2023January 2, 2022
(In thousands)
(As Restated)
(As Restated)
Photo-voltaic modules$136,006 $130,671 
Microinverters48,645 24,040 
Energy Storage62,861 26,849 
Other solar power system component materials48,219 32,910 
Inventories1
$295,731 $214,470 
1 Photovoltaic modules are classified as finished goods, while the remaining components of total inventories are classified as raw materials.
Schedule of Prepaid Expenses and Other Current Assets
As of
January 1, 2023January 2, 2022
(In thousands)
(As Restated)
(As Restated)
Deferred project costs$125,604 $51,010 
Deferred costs for solar power systems34,124 18,834 
Related-party receivables3,959 3,851 
Other 34,124 25,468 
Prepaid expenses and other current assets$197,811 $99,163 
Schedule of Property, Plant and Equipment, Net
Useful Lives
in Years
Leasehold improvements
1 to 20
Testing equipment and tools
2 to 10
Computer equipment and software
2 to 7
Solar power systems
30
Furniture and fixtures
3 to 5
As of
January 1, 2023January 2, 2022
(In thousands)
(As Restated)
(As Restated)
Testing equipment and tools$1,157 $3,848 
Leasehold improvements16,960 31,085 
Solar power systems10,271 6,500 
Computer equipment14,411 23,112 
Internal-use software71,477 34,083 
Furniture and fixtures8,088 8,582 
Transportation equipment3,941 2,220 
Vehicle finance leases12,316 — 
Work-in-progress5,958 4,076 
Property, plant and equipment, gross144,579 113,506 
Less: accumulated depreciation and impairment 2
(68,106)(78,692)
Property, plant and equipment, net1, 2
$76,473 $34,814 
1 Property, plant and equipment is predominantly located in the U.S.

2 For fiscal years 2022, 2021, and 2020, we recorded depreciation expense, including accretion expense related to our asset retirement obligations, of $21.3 million, $13.2 million and $15.6 million, respectively.
Schedule of Other Long-Term Assets
As of
January 1, 2023January 2, 2022
(In thousands)
(As Restated)
(As Restated)
Equity investments with readily determinable fair value$— $91,473 
Equity investments without readily determinable fair value31,699 807 
Equity investments with fair value option18,346 8,374 
Cloud computing arrangements implementation costs1
7,934 11,692 
Deposits with related parties7,329 11,000 
Retail installment contract receivables, net of current portion2
98,001 — 
Long-term deferred project costs3,109 4,542 
Long-term prepaid taxes— 4,145 
Derivative assets2,293 — 
Debt issuance cost3,556 — 
Other14,660 23,819 
Other long-term assets$186,927 $155,852 
1 For fiscal years 2022 and 2021, we recorded amortization expense of $5.3 million and $0.1 million, respectively, related to the amortization of our capitalized CCA costs.
2 Our long-term retail installment contract receivables are presented net of the significant financing component of $22.5 million, and allowance of credit losses of $0.4 million as of January 1, 2023.
Schedule of Accrued Liabilities
As of
January 1, 2023January 2, 2022
(In thousands)
(As Restated)
(As Restated)
Employee compensation and employee benefits$36,452 $15,641 
Interest payable
8,549 8,005 
Short-term warranty reserves29,677 24,164 
Restructuring reserve2 2,137 
Legal expenses2,681 9,052 
Taxes payable9,641 5,571 
Payable to related parties
11,239 — 
Short-term finance lease liabilities
2,949 11 
Indemnification obligations retained from C&I Solutions sale1
20,781 — 
Short-term asset retirement obligation liability
1,396 1,127 
Other24,752 38,435 
Accrued liabilities$148,119 $104,143 
1 As of January 1, 2023, we had a total of $13.5 million and $7.3 million of warranty reserves and other indemnifications, respectively, retained in connection with the sale of our C&I Solutions business to TotalEnergies Renewables.
Schedule of Other Long-Term Liabilities
As of
January 1, 2023January 2, 2022
(In thousands)
(As Restated)
(As Restated)
Deferred revenue
$35,864 $40,321 
Long-term warranty reserves23,931 56,428 
Unrecognized tax benefits12,295 14,689 
Long-term pension liability3,683 3,758 
Long-term deferred tax liabilities1,137 15,834 
Long-term taxes payable— 866 
Related-party liabilities1,458 1,458 
Long-term finance lease liabilities7,878 35 
Indemnification obligations retained from C&I Solutions sale1
11,385 — 
Long-term asset retirement obligation liability2,395 1,972 
Other14,676 11,418 
Other long-term liabilities$114,702 $146,779 
1 As of January 1, 2023, we had a total of $7.6 million and $3.8 million of warranty reserves and other indemnifications, respectively, retained in connection with the sale of our C&I Solutions business to TotalEnergies Renewables.
Schedule of Accumulated Other Comprehensive Income
As of
(In thousands)January 1, 2023January 2, 2022
Cumulative translation adjustment$9,576 $9,620 
Net gain on long-term pension liability obligation1,992 1,548 
Accumulated other comprehensive income$11,568 $11,168