Quarterly report [Sections 13 or 15(d)]

Net Loss Per Share

v3.26.1
Net Loss Per Share
 3 Months Ended
Apr. 04, 2026
Net Loss Per Share  
Net Loss Per Share

Note 4 – Net Loss Per Share

The following table sets forth the computation of basic and diluted net loss per share (in thousands, except per share data):

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Thirteen Weeks Ended

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April 4, 2026

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March 29, 2025

Net loss per share:

 

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Numerator:

 

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Net loss allocable to common shares

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$

(1,940)

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$

(15,283)

Denominator:

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Weighted-average common shares outstanding (basic and diluted)

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68,554

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57,343

Basic and diluted net loss per share

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$

(0.03)

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$

(0.27)

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For the thirteen weeks ended April 4, 2026 and March 29, 2025, all outstanding potentially dilutive securities, including the Convertible Notes, have been excluded from the calculation of diluted net loss per share as the effect of including such securities and Convertible Notes would have been anti-dilutive.