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Net Loss Per Share
3 Months Ended
Jul. 28, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share

12. Net Loss Per Share

Basic net loss per share is computed using the weighted-average number of shares outstanding during the period. Diluted net loss per share uses the weighted-average number of shares outstanding during the period plus the dilutive effect of stock-based compensation calculated using the treasury stock method.

Weighted average shares used in the computation of basic and diluted net loss per share were 12,470,000 and 12,332,000 for the three months ending July 28, 2024 and July 30, 2023, respectively.

 

Shares of unvested common stock that were not included in the computation of diluted net loss per share consist of the following:

 

 

 

Three Months Ended

 

(in thousands)

 

July 28, 2024

 

 

July 30, 2023

 

Antidilutive effect from decrease in the price per share of our common stock

 

1

 

 

2

 

Antidilutive effect from net loss incurred during the fiscal quarter

 

137

 

 

166

 

Total unvested shares of common stock not included in

 

 

 

 

 

 

     computation of diluted net loss per share

 

 

138

 

 

 

168