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Unaudited Condensed Consolidated Statements of Redeemable Convertible Preferred Stock and Stockholders' Deficit - USD ($)
$ in Thousands
Total
Previously Reported
Retroactive application of reverse recapitalization
Series I Preferred Stock
Common Stock
Common Stock
Previously Reported
Common Stock
Retroactive application of reverse recapitalization
Additional Paid-In Capital
Additional Paid-In Capital
Previously Reported
Additional Paid-In Capital
Retroactive application of reverse recapitalization
Accumulated Deficit
Accumulated Deficit
Previously Reported
Beginning balance (in shares) at Apr. 24, 2022 [1] 18,644,339 10,085,612 8,558,727                  
Beginning balance at Apr. 24, 2022 $ 52,218 $ 52,218                    
Ending balance (in shares) at Apr. 30, 2023 [2] 18,863,090 [1] 10,203,945 8,659,145                  
Ending balance at Apr. 30, 2023 $ 53,468 $ 53,468   $ 0                
Shares, beginning balance (in shares) at Apr. 24, 2022 [1]         11,400,833 6,167,254 5,233,579          
Beginning balance at Apr. 24, 2022 (109,556) (109,556)     $ 1 $ 62 $ (61) $ 1,711 $ 1,650 $ 61 $ (111,268) $ (111,268)
Increase (Decrease) in Stockholders' Equity                        
Net loss (7,525)                   (7,525)  
Issuance of warrants 1,722             1,722        
Change in the redemption value of the redeemable convertible preferred stock 0                      
Stock-based compensation $ 295             295        
Shares, ending balance (in shares) at Apr. 30, 2023 11,422,476       11,422,476 [1],[2] 6,178,962 [2] 5,243,514 [2]          
Ending balance at Apr. 30, 2023 $ (114,998) $ (114,998) $ 0   $ 1 $ 62 $ (61) 3,794 3,733 61 (118,793) (118,793)
Increase (Decrease) in Temporary Equity                        
Issuance of shares (in shares) [2]       1,988,620                
Issuance of shares       $ 18,463                
Accretion of cumulative dividends on Series I Redeemable Convertible Preferred Stock 134                      
Change in the redemption value of the redeemable convertible preferred stock $ 1,423                      
Ending balance (in shares) at Jul. 23, 2023 [2] 20,851,710                      
Ending balance at Jul. 23, 2023 $ 73,488                      
Increase (Decrease) in Stockholders' Equity                        
Net loss (3,046)                   (3,046)  
Accretion of cumulative dividends on Series I Redeemable Convertible Preferred Stock (134)             (134)        
Change in the redemption value of the redeemable convertible preferred stock (1,423)             (1,423)        
Stock-based compensation 141             141        
Shares, ending balance (in shares) at Jul. 23, 2023 [2]         11,422,476              
Ending balance at Jul. 23, 2023 $ (119,460)       $ 1     2,378     (121,839)  
Beginning balance (in shares) at Apr. 30, 2023 [2] 18,863,090 [1] 10,203,945 8,659,145                  
Beginning balance at Apr. 30, 2023 $ 53,468 $ 53,468   0                
Ending balance (in shares) at Oct. 15, 2023 [2] 20,989,710                      
Ending balance at Oct. 15, 2023 $ 75,262                      
Shares, beginning balance (in shares) at Apr. 30, 2023 11,422,476       11,422,476 [1],[2] 6,178,962 [2] 5,243,514 [2]          
Beginning balance at Apr. 30, 2023 $ (114,998) $ (114,998) $ 0   $ 1 $ 62 $ (61) 3,794 3,733 61 (118,793) (118,793)
Increase (Decrease) in Stockholders' Equity                        
Net loss (10,329)                      
Reclassification of liability-classified warrants 0                      
Issuance of contingently issuable warrants 0                      
Change in the redemption value of the redeemable convertible preferred stock (1,423)                      
Shares, ending balance (in shares) at Oct. 15, 2023 [2]         11,422,476              
Ending balance at Oct. 15, 2023 $ (128,578)       $ 1     543     (129,122)  
Beginning balance (in shares) at Apr. 30, 2023 [2] 18,863,090 [1] 10,203,945 8,659,145                  
Beginning balance at Apr. 30, 2023 $ 53,468 $ 53,468   0                
Increase (Decrease) in Temporary Equity                        
Issuance of shares 19,843     19,843                
Accretion of cumulative dividends on Series I Redeemable Convertible Preferred Stock 878     878                
Change in the redemption value of the redeemable convertible preferred stock $ 1,423     1,423                
Ending balance (in shares) at Apr. 28, 2024 [1] 0                      
Ending balance at Apr. 28, 2024 $ 0     $ 0                
Shares, beginning balance (in shares) at Apr. 30, 2023 11,422,476       11,422,476 [1],[2] 6,178,962 [2] 5,243,514 [2]          
Beginning balance at Apr. 30, 2023 $ (114,998) $ (114,998) $ 0   $ 1 $ 62 $ (61) 3,794 $ 3,733 $ 61 (118,793) $ (118,793)
Increase (Decrease) in Stockholders' Equity                        
Net loss (6,789)                   (6,789)  
Transaction costs incurred in connection with the reverse recapitalization and registration statements (23,958)             (23,958)        
Reclassification of liability-classified warrants (894)             (894)        
Accretion of cumulative dividends on Series I Redeemable Convertible Preferred Stock (878)             (878)        
Issuance of warrants 173             196     (23)  
Prior period adjustment (178)                   (178)  
Change in the redemption value of the redeemable convertible preferred stock (1,423)             (1,423)        
Stock-based compensation $ 1,178             1,178        
Shares, ending balance (in shares) at Apr. 28, 2024 40,087,785       40,087,785 [1]              
Ending balance at Apr. 28, 2024 $ (69,156)       $ 4     56,623     (125,783)  
Beginning balance (in shares) at Jul. 23, 2023 [2] 20,851,710                      
Beginning balance at Jul. 23, 2023 $ 73,488                      
Increase (Decrease) in Temporary Equity                        
Issuance of shares (in shares) [2]       138,000                
Issuance of shares       $ 1,380                
Accretion of cumulative dividends on Series I Redeemable Convertible Preferred Stock $ 394                      
Ending balance (in shares) at Oct. 15, 2023 [2] 20,989,710                      
Ending balance at Oct. 15, 2023 $ 75,262                      
Shares, beginning balance (in shares) at Jul. 23, 2023 [2]         11,422,476              
Beginning balance at Jul. 23, 2023 (119,460)       $ 1     2,378     (121,839)  
Increase (Decrease) in Stockholders' Equity                        
Net loss (7,283)                   (7,283)  
Reclassification of liability-classified warrants (1,834)             (1,834)        
Accretion of cumulative dividends on Series I Redeemable Convertible Preferred Stock (394)             (394)        
Issuance of warrants 173             173        
Stock-based compensation 220             220        
Shares, ending balance (in shares) at Oct. 15, 2023 [2]         11,422,476              
Ending balance at Oct. 15, 2023 $ (128,578)       $ 1     543     (129,122)  
Shares, beginning balance (in shares) at Dec. 28, 2023 17,422,009                      
Shares, ending balance (in shares) at Dec. 29, 2023 39,918,036                      
Beginning balance (in shares) at Apr. 28, 2024 [1] 0                      
Beginning balance at Apr. 28, 2024 $ 0     0                
Ending balance (in shares) at Jul. 21, 2024 0                      
Ending balance at Jul. 21, 2024 $ 0                      
Shares, beginning balance (in shares) at Apr. 28, 2024 40,087,785       40,087,785 [1]              
Beginning balance at Apr. 28, 2024 $ (69,156)       $ 4     56,623     (125,783)  
Increase (Decrease) in Stockholders' Equity                        
Net loss (10,006)                   (10,006)  
Transaction costs incurred in connection with the reverse recapitalization and registration statements (101)             (101)        
Prior period adjustment 25             28     (3)  
Stock-based compensation 546             546        
Shares, ending balance (in shares) at Jul. 21, 2024         40,087,785              
Ending balance at Jul. 21, 2024 $ (78,692)       $ 4     57,096     (135,792)  
Beginning balance (in shares) at Apr. 28, 2024 [1] 0                      
Beginning balance at Apr. 28, 2024 $ 0     $ 0                
Ending balance (in shares) at Oct. 13, 2024 0                      
Ending balance at Oct. 13, 2024 $ 0                      
Shares, beginning balance (in shares) at Apr. 28, 2024 40,087,785       40,087,785 [1]              
Beginning balance at Apr. 28, 2024 $ (69,156)       $ 4     56,623     (125,783)  
Increase (Decrease) in Stockholders' Equity                        
Net loss (19,316)                      
Reclassification of liability-classified warrants 1,864                      
Issuance of contingently issuable warrants 401                      
Change in the redemption value of the redeemable convertible preferred stock $ 0                      
Shares, ending balance (in shares) at Oct. 13, 2024 40,087,785       40,087,785              
Ending balance at Oct. 13, 2024 $ (88,854)       $ 4     56,244     (145,102)  
Beginning balance (in shares) at Jul. 21, 2024 0                      
Beginning balance at Jul. 21, 2024 $ 0                      
Ending balance (in shares) at Oct. 13, 2024 0                      
Ending balance at Oct. 13, 2024 $ 0                      
Shares, beginning balance (in shares) at Jul. 21, 2024         40,087,785              
Beginning balance at Jul. 21, 2024 (78,692)       $ 4     57,096     (135,792)  
Increase (Decrease) in Stockholders' Equity                        
Net loss (9,310)                   (9,310)  
Transaction costs incurred in connection with the reverse recapitalization and registration statements 25             25        
Reclassification of liability-classified warrants (1,864)             (1,864)        
Issuance of contingently issuable warrants 401             401        
Issuance of warrants 67             67        
Stock-based compensation $ 519             519        
Shares, ending balance (in shares) at Oct. 13, 2024 40,087,785       40,087,785              
Ending balance at Oct. 13, 2024 $ (88,854)       $ 4     $ 56,244     $ (145,102)  
[1] The number of shares of Redeemable Convertible Preferred Stock and Common Stock issued and outstanding prior to the Reverse Recapitalization have been retroactively adjusted by the Exchange Ratios to give effect to the Reverse Recapitalization. See Note 3.
[2] The number of shares of Redeemable Convertible Preferred Stock and Common Stock issued and outstanding prior to the Reverse Recapitalization have been retroactively adjusted by the Exchange Ratios to give effect to the Reverse Recapitalization. See Note 2.