Net income (loss) per share is calculated using the weighted average number of shares of common stock outstanding during the applicable period. Basic weighted average common shares outstanding do not include shares of restricted stock that have not yet vested, although such shares are included as outstanding shares in the Company’s Consolidated Balance Sheet. Diluted net income (loss) per share is computed using the weighted average number of common shares outstanding and if dilutive, potential common shares outstanding during the period. Potential common shares consist of the additional common shares issuable in respect of restricted share awards, stock options and convertible preferred stock.

The following table presents the computation of basic and diluted net income (loss) per share (in $000’s, except share and per–share data):


	For the Thirteen Weeks Ended
	March 29, 2025		March 30, 2024



















Basic and diluted
Net loss	$	(2,861)	$	(2,144)
Weighted average common shares outstanding	15,550,706		6,308,331
Basic and diluted loss per share	$	(0.18)	$	(0.34)

Potentially dilutive securities totaling approximately 8.9 million and 3.8 million were excluded from the calculation of diluted earnings per share for the 13 weeks ended March 29, 2025 and March 30, 2024, respectively, because the effects were anti-dilutive.