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Per Share Data
12 Months Ended
Dec. 28, 2024
Earnings Per Share [Abstract]  
Per Share Data
11.
Per Share Data

Basic net loss per share is calculated utilizing the weighted average number of common shares outstanding during the periods presented. Diluted net loss per share is calculated utilizing the weighted average number of common shares outstanding during the periods presented adjusted for the effect of dilutive common stock equivalents.

The following table sets forth the computation of basic and diluted net loss per share:

 

 

Fiscal Year Ended

 

 

 

December 28,

 

 

December 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

 

 

 

 

Net loss

 

$

(345,701

)

 

$

(112,255

)

 

$

(256,868

)

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding

 

 

79,578

 

 

 

76,677

 

 

 

70,321

 

Effect of dilutive common stock equivalents

 

 

 

 

 

 

 

 

 

Weighted average diluted common shares outstanding

 

 

79,578

 

 

 

76,677

 

 

 

70,321

 

Net loss per share

 

 

 

 

 

 

 

 

 

Basic

 

$

(4.34

)

 

$

(1.46

)

 

$

(3.65

)

Diluted

 

$

(4.34

)

 

$

(1.46

)

 

$

(3.65

)

 

The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted net loss per share was 9,572, 9,113 and 8,540 for the fiscal years ended December 28, 2024, December 30, 2023 and December 31, 2022, respectively.