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Computation of Basic and Diluted Net Loss Per Common Share
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss Per Common Share

18. Computation of Basic and Diluted Net Loss Per Common Share

A reconciliation of the numerator and denominator of basic and diluted net loss per common share is provided as follows (in thousands, except per share amounts):

 

 

 

FY 2022

 

 

FY 2021

 

 

 

Year Ended

 

 

Year Ended

 

 

 

December 31, 2022

 

 

January 1, 2022

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(7,547

)

 

$

(5,225

)

Denominator:

 

 

 

 

 

 

Weighted average shares of common stock (basic)

 

 

15,938

 

 

 

15,421

 

 

 

 

 

 

 

 

Weighted average shares of common stock (diluted)

 

 

15,938

 

 

 

15,421

 

Per share data:

 

 

 

 

 

 

Basic net loss per share

 

$

(0.47

)

 

$

(0.34

)

Diluted net loss per share

 

$

(0.47

)

 

$

(0.34

)

 

As of December 31, 2022 and January 1, 2022, stock options, restricted stock units and restricted stock awards of 1,834,930 and 1,655,218 shares, respectively, were excluded from the computation of diluted weighted average shares outstanding because to do so would have been anti-dilutive.