Quarterly report [Sections 13 or 15(d)]

Loss Per Share

v3.25.4
Loss Per Share
3 Months Ended
Jan. 03, 2026
Earnings Per Share [Abstract]  
Loss Per Share

Note 13—Loss Per Share

The following is a reconciliation of basic weighted average common shares outstanding to diluted weighted average common shares outstanding (in thousands, except per share amounts).

 

 

 

Three Months Ended

 

 

 

 

January 3, 2026

 

 

December 28, 2024

 

 

Numerator:

 

 

 

 

 

 

 

Net loss

 

$

(82,971

)

 

$

(44,564

)

 

Denominator:

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

 

9,297

 

 

 

9,251

 

 

Effect of dilutive securities:

 

 

 

 

 

 

 

Stock Options

 

 

 

 

 

 

 

RSUs

 

 

 

 

 

 

 

Weighted average shares outstanding - diluted

 

 

9,297

 

 

 

9,251

 

 

 

 

 

 

 

 

 

 

Basic loss per share

 

$

(8.92

)

 

$

(4.82

)

 

Diluted loss per share

 

$

(8.92

)

 

$

(4.82

)

 

 

The following number of weighted-average potentially dilutive shares were excluded from the calculation of diluted loss per share because the effect of including such shares would have been antidilutive (in thousands):

 

 

 

 

Three Months Ended

 

 

 

 

 

January 3, 2026

 

 

December 28, 2024

 

 

Stock Options

 

 

 

31

 

 

 

75

 

 

RSUs

 

 

 

233

 

 

 

121

 

 

Total

 

 

 

264

 

 

 

196