Basic EPS is computed based upon the weighted average number of shares of Common Stock outstanding for the period. Diluted EPS is computed based upon the weighted average number of common shares outstanding for the period plus the dilutive effect of Common Stock equivalents using the treasury stock method and the average market price of the Company's Common Stock for the period. The Company includes participating securities (unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents) in the computation of EPS pursuant to the two-class method. The Company's participating securities consist solely of unvested restricted stock awards, which have contractual participation rights equivalent to those of stockholders of unrestricted Common Stock. The two-class method of computing net income (loss) per share is an allocation method that calculates net income (loss) per share for Common Stock and participating securities. During periods of net loss, no effect is given to the participating securities because they do not share in the losses of the Company.

On June 10, 2024, we completed various the Transactions to substantially deleverage the Company's Consolidated Balance Sheet. Because the rights issuance was offered to all existing stockholders at an exercise price that was less than the fair value of the Company's Common Stock, as of such time, the weighted average shares outstanding and basic and diluted income (loss) per share were adjusted retroactively to reflect the bonus element of the Rights Offering for all periods presented by a factor of 5.03.

On June 11, 2024, we completed a Reverse Stock Split of the Company’s outstanding shares of common stock at a ratio of 1-for-100 (the “Reverse Stock Split”), which was approved by stockholders at a special meeting held on June 5, 2024. In connection with the Reverse Stock Split, every 100 shares of the common stock issued and outstanding was converted into one share of the Company’s Common Stock.

Weighted average shares of Common Stock for both basic and diluted, prior to giving effect to the bonus element of the Rights Offering and the Reverse Stock Split was 34,053,847, and 13,510,667, respectively, for the 13 weeks ended August 2, 2025 and 13 weeks ended July 27, 2024. The weighted average common shares and loss per common share reflect the bonus element resulting from the Rights Offering and the Reverse Stock Split for all periods presented on the consolidated statements of operations.


	13 weeks ended
		August 2, 2025		July 27, 2024
Numerator for basic net income (loss) per share:				As Restated
Loss, net of tax		$	(18,271)	$	(103,925)













Denominator for basic net income (loss) per share:
Basic and diluted weighted average shares of Common Stock (a)		34,053,847		13,510,667








Loss per share of Common Stock:
Loss per share Common Stock:



Net loss per share - Basic and Diluted		$	(0.54)	$	(7.69)