| Net Loss Per Share |
Net Loss Per Share The computation of basic and diluted net loss per Class A and B common share is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal Year Ended | | June 28, 2026 | | June 29, 2025 | | June 30, 2024 | | Class A | | Class B | | Total | | Class A | | Class B | | Total | | Class A | | Class B | | Total | | Numerator | | | | | | | | | | | | | | | | | | | Net loss allocated to common stockholders | $ | (26,146) | | | $ | (19,358) | | | $ | (45,504) | | | $ | (11,233) | | | $ | (7,837) | | | $ | (19,070) | | | $ | (56,239) | | | $ | (36,016) | | | $ | (92,255) | | | | | | | | | | | | | | | | | | | | | Denominator | | | | | | | | | | | | | | | | | | | Weighted-average common shares outstanding | 78,508,329 | | | 58,123,833 | | | 136,632,162 | | | 83,881,970 | | | 58,519,437 | | | 142,401,407 | | | 92,257,834 | | | 59,081,800 | | | 151,339,634 | | | | | | | | | | | | | | | | | | | | | Net loss per share, basic and diluted | $ | (0.33) | | | $ | (0.33) | | | $ | (0.33) | | | $ | (0.13) | | | $ | (0.13) | | | $ | (0.13) | | | $ | (0.61) | | | $ | (0.61) | | | $ | (0.61) | |
The following potentially dilutive securities were excluded from the diluted per share calculations because their effect would have been antidilutive: convertible Preferred Stock, service-based RSUs, market- and service-based RSUs, stock options, and shares purchasable under our ESPP. The table below presents the related incremental shares — the additional shares that would have been added to the diluted weighted-average denominator, not the gross shares underlying each instrument: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal Year Ended | | June 28, 2026 | | June 29, 2025 | | June 30, 2024 | | Class A | | Class B | | Total | | Class A | | Class B | | Total | | Class A | | Class B | | Total | | Service based RSUs | 113,040 | | | — | | | 113,040 | | | 697,364 | | | — | | | 697,364 | | | 676,064 | | | — | | | 676,064 | | | Market and service based RSUs | 564,198 | | | — | | | 564,198 | | | 500,141 | | | — | | | 500,141 | | | 191,325 | | | — | | | 191,325 | | | Stock options | 12,446 | | | 3,122,816 | | | 3,135,262 | | | 48,205 | | | 5,505,461 | | | 5,553,666 | | | 1,635,453 | | | 6,203,400 | | | 7,838,853 | | | ESPP | 72,529 | | | — | | | 72,529 | | | 98,295 | | | — | | | 98,295 | | | 66,841 | | | — | | | 66,841 | | | Series A preferred stock (as-converted) | 10,271,314 | | | — | | | 10,271,314 | | | 9,752,160 | | | — | | | 9,752,160 | | | 10,831,916 | | | — | | | 10,831,916 | | | Total | 11,033,527 | | | 3,122,816 | | | 14,156,343 | | | 11,096,165 | | | 5,505,461 | | | 16,601,626 | | | 13,401,599 | | | 6,203,400 | | | 19,604,999 | |
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