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Computation of Basic and Diluted Net Loss Per Share | 6 Months Ended
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Jun. 28, 2025
Earnings Per Share [Abstract] |
Computation of Basic and Diluted Net Loss Per Share | 12. Computation of Basic and Diluted Net Loss Per Share Basic and diluted net loss per share is based upon the weighted average number of common shares outstanding during the period. Common stock equivalents consist of incremental common shares issuable upon the exercise of stock options, and the release (vesting) of RSUs and awards and are calculated under the treasury stock method. Common stock equivalent shares from unexercised stock options, and unvested RSUs and awards are excluded from the computation for periods in which the Company incurs a net loss or if the exercise price of such options is greater than the average market price of our common stock for the period as their effect would be anti-dilutive. Common stock equivalents consist of incremental common shares issuable upon conversion of convertible debt and preferred shares are calculated under the if-converted method. Common stock equivalent shares from convertible debt and preferred shares are excluded from the computation for periods in which the Company incurs a net loss or if their effect would be anti-dilutive. For the three months ended June 28, 2025 and June 29, 2024, potential shares from stock options and RSUs totaling 2,350,431 and 2,856,244 shares, respectively, were excluded from the computation of diluted weighted average shares outstanding. For the six months ended June 28, 2025 and June 29, 2024, potential shares from stock options and RSUs totaling 2,999,548 and 2,878,936 shares, respectively, were excluded from the computation of diluted weighted average shares outstanding. For both the three and six months ended June 28, 2025 and June 29, 2024, potential shares from the conversion of convertible debt and preferred stock totaling 5,000,000 and 0, respectively, were excluded from the computation of diluted weighted average shares outstanding. A reconciliation of the numerator and denominator of basic and diluted net loss per common share is provided as follows (in thousands except per share data):
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 28, 2025 |  |  |  | June 29, 2024 |  |  | June 28, 2025 |  |  |  | June 29, 2024 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net loss |  | $ | (994 | ) | $ |  |  | $ | (2,679 | ) |  | $ | (2,680 | ) | $ |  |  | $ | (6,143 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares of common stock (basic) |  |  | 16,793 |  |  |  |  | 16,287 |  |  |  | 16,760 |  |  |  |  | 16,270 |
Weighted average shares of common stock (diluted) |  |  | 16,793 |  |  |  |  | 16,287 |  |  |  | 16,760 |  |  |  |  | 16,270 |
Per share data: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic net loss per share |  | $ | (0.06 | ) | $ |  |  | $ | (0.16 | ) |  | $ | (0.16 | ) | $ |  |  | $ | (0.38 | )
Diluted net loss per share |  | $ | (0.06 | ) | $ |  |  | $ | (0.16 | ) |  | $ | (0.16 | ) | $ |  |  | $ | (0.38 | )
Additionally, at the Company’s Annual Meeting held on June 11, 2025, the Company’s stockholders approved an amendment and restatement of the Company’s Restated Charter, among other matters, to increase the number of authorized shares of the Company’s common stock from 30,000,000 to 63,500,000 shares.

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