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Net Loss Per Share

12 Months Ended

Apr. 27, 2025

17. 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 number of shares used in the computation of both basic and diluted net loss per share were 12,525,000, 12,432,000, and 12,283,000 for fiscal years 2025, 2024, and 2023, respectively.

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


(in thousands)	2025		2024		2023
antidilutive effect from decrease in the price per share of our common stock		—		—		25
antidilutive effect from net loss incurred during the fiscal year		145		144		88
total unvested shares of common stock not included in computation of diluted net loss per share		145		144		113