v3.25.2
Net Loss per Common Share
6 Months Ended
Jun. 28, 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
Six Months Ended
June 28,
2025
June 29,
2024
June 28,
2025
June 29,
2024
Net loss
$(25,012)
$(5,051)
$(33,658)
$(12,533)
Reconciliation of weighted-average shares outstanding:
Basic weighted-average shares outstanding
22,903
22,614
22,804
22,560
Dilutive effect of stock-based awards
Diluted weighted-average shares outstanding
22,903
22,614
22,804
22,560
Net loss per share – basic
$(1.09)
$(0.22)
$(1.48)
$(0.56)
Net loss per share – diluted
$(1.09)
$(0.22)
$(1.48)
$(0.56)
For the three and six month periods ended June 28, 2025 and June 29, 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
1.6 million and 1.3 million for the three months ended June 28, 2025 and June 29, 2024, respectively, and 1.8 million
and 1.3 million for the six months ended June 28, 2025 and June 29, 2024, respectively, have been excluded from the
diluted net loss per share calculations because these stock-based awards were anti-dilutive.