Loss Per Share

12 Months Ended

Sep. 27, 2025

11. Loss Per Share

Basic loss per share attributable to common stockholders is calculated by dividing loss attributable to common stockholders by the weighted-average number of shares of common stock outstanding less shares subject to repurchase. Diluted loss per share attributable to common stockholders adjusts the basic loss per share attributable to common stockholders and the weighted-average number of shares of common stock outstanding for the potentially dilutive impact of stock awards, using the treasury stock method.

The following table sets forth the computation of the Company’s basic and diluted loss per share attributable to common stockholders:


	September 27, 2025		September 28, 2024		September 30, 2023
(In thousands, except share and per share data)
Numerator:
Net loss - basic and diluted	$	(61,144)	$	(38,146)	$	(10,274)
Denominator:
Weighted-average shares of common stock - basic and diluted	120,753,102		123,218,532		127,702,885
Loss per share:
Loss per share - basic and diluted	$	(0.51)	$	(0.31)	$	(0.08)

The following potentially dilutive shares as of the end of each period presented were excluded from the computation of diluted loss per share for the periods presented because including them would have been antidilutive:


	September 27, 2025	September 28, 2024	September 30, 2023
Stock options to purchase common stock	6,438,320	7,756,572	9,449,904
Restricted stock units	12,387,375	12,613,434	9,742,444
Performance stock units	246,812	83,998	149,991
Total	19,072,507	20,454,004	19,342,339