Net Loss Per Share

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Net Loss Per Share

 

11. Net Loss Per Share

The following table sets forth the computation of basic and diluted net loss per share for the three and nine months ended September 28, 2024 and September 30, 2023.

	Three Months Ended						Nine Months Ended
	September 28, 2024			September 30, 2023			September 28, 2024			September 30, 2023
	(In thousands, except per share amounts)
Net loss from continuing operations	$	(2,173	)	$	(1,624	)	$	(8,137	)	$	(10,710	)
Net income from discontinued operations, net of taxes		—			48			1,095			365
Net loss	$	(2,173	)	$	(1,576	)	$	(7,042	)	$	(10,345	)
Weighted-average shares – basic		26,895			26,287			26,695			26,033
Effect of dilutive potential common shares		—			—			—			—
Weighted-average shares – diluted		26,895			26,287			26,695			26,033
Basic and diluted net income (loss) per share:
Continuing operations	$	(0.08	)	$	(0.06	)	$	(0.30	)	$	(0.41	)
Discontinued operations	$	0.00		$	0.00		$	0.04		$	0.01
Net loss per share	$	(0.08	)	$	(0.06	)	$	(0.26	)	$	(0.40	)

As the Company is in a net loss position, all of the Company’s equity instruments are considered antidilutive.