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Quarterly Consolidated Financial Information (unaudited)
12 Months Ended
May 29, 2022
Condensed Financial Information Disclosure [Abstract]  
Quarterly Consolidated Financial Information (unaudited) Quarterly Consolidated Financial Information (unaudited)
The following is a summary of the unaudited quarterly results of operations for fiscal years 2022 and 2012 (in thousands, except for per share amounts):

As restated
Fiscal Year 20221st Quarter2nd Quarter3rd Quarter4th QuarterAnnual
Product sales$41,632 $43,452 $53,074 $47,628 $185,786 
Gross profit10,403 14,635 13,220 12,112 50,370 
Net (loss) income from continuing operations(7,214)3,675 (8,301)(34,436)(46,276)
Net (loss) income from discontinued operations(2,295)(42,196)(4,785)(1,879)(51,155)
Net (loss) income per basic and diluted share from continuing operations$(0.25)$0.12 $(0.28)$(1.16)$(1.57)
Net (loss) income per basic and diluted share from discontinued operations$(0.08)$(1.44)$(0.16)$(0.06)$(1.74)

Fiscal Year 20211st Quarter2nd Quarter3rd Quarter4th QuarterAnnual
Product sales$41,995 $39,945 $44,690 $44,916 $171,546 
Gross profit7,849 13,601 14,441 14,580 50,471 
Net (loss) income from continuing operations(4,957)(2,367)(1,465)(780)(9,569)
Net (loss) income from discontinued operations(6,044)(10,934)(4,033)(2,085)(23,096)
Net (loss) income per basic and diluted share from continuing operations$(0.17)$(0.08)$(0.05)$(0.03)$(0.33)
Net (loss) income per basic and diluted share from discontinued operations$(0.21)$(0.37)$(0.14)$(0.07)$(0.79)

Fiscal year 2022 third quarter has been restated for the correction of an error. Fiscal year 2022 first quarter and second quarter for been revised for an immaterial correction of an error. See Note 1 – Organization, Basis of Presentation, and Summary of Significant Accounting Policies – Correction of Error in Previously Reported Fiscal Year 2022 Interim Financial Statements (Unaudited) for additional information.