v3.26.1
NET LOSS PER SHARE
 6 Months Ended
Jun. 27, 2026
Net income (loss) per share attributable to common stockholders:  
NET LOSS PER SHARE

8. NET LOSS PER SHARE

 

Basic net income or loss per share attributable to common stockholders is computed using the weighted-average number of shares of common stock outstanding during the period including the pre-funded warrants, less any nonvested restricted shares. The Company adjusts net income or loss attributable to common stockholders for dividends and deemed dividends on convertible preferred stock.

 

Diluted net income or loss per share is calculated using the treasury-stock method or the if-converted method, as applicable, for potentially dilutive instruments but such instruments are excluded from the calculation of diluted net loss per share, when their effect would be anti-dilutive for the periods presented.

 

Weighted average common shares outstanding used to calculate earnings per share are as follows:

  

   Three Months
Ended		   Three Months
Ended		   Six Months
Ended		   Six Months
Ended		 
   June 27, 2026   June 28, 2025   June 27, 2026   June 28, 2025 
Weighted average common shares outstanding-basic   188,232,764    166,351,615    187,568,311    166,234,813 
Stock options and non-vested restricted common stock   3,869,458    —    —    — 
Weighted average common shares outstanding-diluted   192,102,222    166,351,615    187,568,311    166,234,813 

 

The following potentially dilutive common stock equivalents outstanding at the period-end were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:

 

   Three Months
Ended		   Three Months
Ended		   Six Months
Ended		   Six Months
Ended		 
   June 27, 2026   June 28, 2025   June 27, 2026   June 28, 2025 
Nonvested restricted common stock   1,965,864    6,414,254    5,254,045    6,414,254 
Stock options   734,726    591,366    1,316,004    591,366 
Total   2,700,590    7,005,620    6,570,049    7,005,620