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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 5 Months Ended 9 Months Ended 12 Months Ended
Oct. 15, 2023
Sep. 30, 2023
Dec. 31, 2022
Accounting Policies [Abstract]      
Schedule of Class A common stock subject to possible redemption
As of October 15, 2023, Preferred Stock consisted of the following:
Preferred Stock Authorized
Preferred Stock Issued and Outstanding
Carrying Value
Liquidation Value
Series A2,301,202 2,301,200 $1,151 $2,915 
Series B471,164 464,914 930 2,303 
Series C240,000 120,000 300 707 
Series D3,229,645 2,670,373 10,340 20,404 
Series E5,000,000 367,833 2,207 3,809 
Series F4,125,000 3,411,292 27,290 41,724 
Series G500,000 355,000 3,550 5,109 
Series H3,000,000 513,333 7,700 10,692 
Series I3,000,000 850,648 21,794 27,000 
Total21,867,011 11,054,593 $75,262 $114,663 
As of April 30, 2023, Preferred Stock consisted of the following:
Preferred Stock Authorized
Preferred Stock Issued and Outstanding
Carrying Value
Liquidation Value
Series A2,301,202 2,301,200 1,151 2,873 
Series B471,164 464,914 930 2,268 
Series C240,000 120,000 300 696 
Series D3,229,645 2,670,373 10,340 20,043 
Series E5,000,000 367,833 2,207 3,727 
Series F4,125,000 3,411,292 27,290 40,720 
Series G500,000 355,000 3,550 4,979 
Series H3,000,000 513,333 7,700 10,409 
Total18,867,011 10,203,945 53,468 85,715 
Class A common stock subject to possible redemption is reflected on the condensed consolidated balance sheet at September 30, 2023 and December 31, 2022, as follows:
Gross proceeds from initial public offering$241,500,000 
Less:
Fair value allocated to public warrants(7,498,575)
Offering costs allocated to Class A common stock subject to possible redemption(14,647,648)
Plus: 
Remeasurement on Class A common stock subject to possible redemption30,973,080 
Class A common stock subject to possible redemption, December 31, 2022
250,326,857 
Remeasurement on Class A common stock subject to possible redemption813,105 
Class A common stock subject to possible redemption, March 31, 2023
251,139,962 
Redemption of Class A common stock(210,031,815)
Remeasurement on Class A common stock subject to possible redemption1,082,415 
Class A common stock subject to possible redemption, June 30, 2023
42,190,562 
Remeasurement on Class A common stock subject to possible redemption233,048 
Class A common stock subject to possible redemption, September 30, 2023
$42,423,610 
Class A common stock subject to possible redemption is reflected on the balance sheet at December 31, 2022 as follows:
Gross proceeds from initial public offering$241,500,000 
Less:
Fair value allocated to public warrants(7,498,575)
Offering costs allocated to Class A common stock subject to possible redemption(14,647,648)
Plus: 
Re-measurement on Class A common stock subject to possible redemption30,973,080 
Class A common stock subject to possible redemption, December 31, 2022
$250,326,857 
Schedule of calculation of basic and diluted net loss per share of common stock The following tables provide the calculation of basic and diluted net (loss) earnings per share of common stock for the twelve and twenty-four weeks ended October 15, 2023 and October 9, 2022:
Twelve Weeks EndedTwenty-Four Weeks Ended
October 15, 2023October 9, 2022October 15, 2023October 9, 2022
Numerator:
Net (loss) income(7,283)(3,390)(10,329)1,645 
Cumulative unpaid dividends on preferred stock(394)— (528)— 
Change in redemption amount of preferred stock— — (1,423)— 
Net loss on which basic and diluted earnings per share is calculated
(7,677)(3,390)(12,280)1,645 
Denominator:
Weighted average common shares outstanding, basic6,535 6,168 6,550 6,168 
Dilutive awards outstanding— — — 10,824 
Weighted average common shares outstanding, diluted6,535 6,168 6,550 16,992 
Earnings (loss) per share:
Basic$(1.17)$(0.55)$(1.87)$0.27 
Diluted
(1.17)(0.55)(1.87)0.10 
The following tables provide the calculation of basic and diluted net loss per share of common stock for the fiscal years ended April 30, 2023, April 24, 2022, and April 25, 2021:
April 30, 2023April 24, 2022April 25, 2021
Net loss on which basic and diluted earnings per share is $ calculated$(7,525)$(9,917)$(29,998)
Number of weighted shares on which basic and diluted earnings per share is calculated6,210 6,108 6,079 
Basic loss per share(1.21)(1.62)(4.93)
Diluted loss per share(1.21)(1.62)(4.93)
The following table reflects the calculation of basic and diluted net loss per share of common stock (in dollars, except per share amounts):
For the Three Months Ended
September 30,
20232022
Class A common stock subject to possible redemption
Numerator: (Loss) income attributable to Class A common stock subject to possible redemption
Net (loss) income$(38,672)$1,754,851 
Denominator: Weighted average Class A common stock subject to possible redemption(38,672)1,754,851 
Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption3,998,687 24,150,000 
Basic and diluted net (loss) income per share, Class A common stock subject to possible redemption$(0.01)$0.07 
Non-Redeemable Class A and Class B common stock  
Numerator: Net (loss) income  
Net (loss) income$(70,066)$526,455 
Denominator: Weighted average non-redeemable Class A and Class B common stock(70,066)526,455 
Basic and diluted weighted average shares outstanding, non-redeemable Class A and Class B common stock7,245,000 7,245,000 
Basic and diluted net (loss) income per share, non-redeemable Class A and Class B common stock$(0.01)$0.07 
For the Nine Months Ended
September 30,
20232022
Class A common stock subject to possible redemption
Numerator: Income attributable to Class A common stock subject to possible redemption 
Net (loss) income$(3,369,552)$9,923,259 
Denominator: Weighted average Class A common stock subject to possible redemption(3,369,552)9,923,259 
Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption12,192,078 22,115,385 
Basic and diluted net (loss) income per share, Class A common stock subject to possible redemption$(0.28)$0.45 
Non-Redeemable Class A and Class B common stock 
Numerator: Net (loss) income 
Net (loss) income$(2,002,317)$3,250,859 
Denominator: Weighted average non-redeemable Class A and Class B common stock(2,002,317)3,250,859 
Basic and diluted weighted average shares outstanding, non-redeemable Class A and Class B common stock7,245,000 7,245,000 
Basic and diluted net (loss) income per share, non-redeemable Class A and Class B common stock$(0.28)$0.45 
The following table reflects the calculation of basic and diluted net loss per share of common stock (in dollars, except per share amounts):
Twelve Months
Ended
December 31,
20222021
Class A common stock subject to possible redemption
Numerator: Income attributable to Class A common stock subject to possible redemption
Net income$11,937,823 $— 
Denominator: Weighted average Class A common stock subject to possible redemption 
Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption22,604,795 — 
Basic and diluted net income per share, Class A common stock subject to possible redemption$0.53 $— 
Non-Redeemable Class B common stock 
Numerator: Income attributable to non-redeemable Class B common stock 
Net income (loss)$3,826,158 $(22,252)
Denominator: Weighted average non-redeemable Class B common stock 
Basic and diluted weighted average shares outstanding, non-redeemable Class B common stock7,245,0006,300,000
Basic and diluted net income (loss) per share, non-redeemable Class B common stock$0.53 $0.00