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Net Loss per Common Share
9 Months Ended
Sep. 27, 2025
Earnings Per Share [Abstract]  
Net Loss per Common Share Net Loss per Common Share
The components of basic and diluted net loss per share were as follows (in thousands, except per share amounts):
Three Months Ended
Nine Months Ended
September 27,
2025
September 28,
2024
September 27,
2025
September 28,
2024
Net loss
$(39,790)
$(3,136)
$(73,448)
$(15,669)
Reconciliation of weighted-average shares outstanding:
Basic weighted-average shares outstanding
22,964
22,643
22,858
22,588
Dilutive effect of stock-based awards
Diluted weighted-average shares outstanding
22,964
22,643
22,858
22,588
Net loss per share – basic
$(1.73)
$(0.14)
$(3.21)
$(0.69)
Net loss per share – diluted
$(1.73)
$(0.14)
$(3.21)
$(0.69)
For the three and nine month periods ended September 27, 2025 and September 28, 2024, otherwise dilutive stock-based
awards have been excluded from the calculation of diluted weighted-average shares outstanding, as their inclusion would
have had an anti-dilutive effect on our net loss per diluted share. Additional potential dilutive stock-based awards totaling
1.2 million for the both three months ended September 27, 2025 and September 28, 2024, respectively, and 1.6 million
and 1.3 million for the nine months ended September 27, 2025 and September 28, 2024, respectively, have been
excluded from the diluted net loss per share calculations because these stock-based awards were anti-dilutive.