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NET LOSS PER SHARE
 6 Months Ended
Jun. 29, 2024
Net loss per share  
NET LOSS PER SHARE

7. NET LOSS PER SHARE

 

Basic net loss per share is computed using the weighted-average number of shares of common stock outstanding during the period less any unvested restricted shares. Diluted net loss per share is calculated using weighted-average shares outstanding and contingently issuable shares, less weighted-average shares reacquired during the period. The net outstanding shares are adjusted for the dilutive effect of shares issuable upon the assumed conversion of the Company’s common stock equivalents, which consist of unvested restricted stock.

 

The following were not included in weighted-average common shares outstanding-diluted because they are anti-dilutive:

 

   Three Months
Ended		   Three Months
Ended		   Six months
ended		   Six months
ended		 
   June 29, 2024   July 1, 2023   June 29, 2024   July 1, 2023 
Non-vested restricted common stock   5,489,028    3,989,161    5,489,028    3,989,161