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Net Loss Per Share
12 Months Ended
Apr. 28, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share
15.
NET LOSS PER SHARE

Basic net loss per share is computed using the weighted-average number of shares outstanding during the period. Diluted net loss per share uses the weighted-average number of shares outstanding during the period plus the dilutive effect of stock-based compensation calculated using the treasury stock method.

Weighted average shares used in the computation of basic and diluted net loss per share are as follows:

 

(in thousands)

 

2024

 

 

2023

 

 

2022

 

weighted-average common shares outstanding, basic

 

 

12,432

 

 

 

12,283

 

 

 

12,242

 

dilutive effect of stock-based compensation

 

 

 

 

 

 

 

 

 

weighted-average common shares outstanding, diluted

 

 

12,432

 

 

 

12,283

 

 

 

12,242

 

 

Shares of unvested common stock that were not included in the computation of diluted net loss per share consist of the following:

 

(in thousands)

 

2024

 

 

2023

 

 

2022

 

antidilutive effect from decrease in the price per share of our
     common stock

 

 

 

 

 

25

 

 

 

18

 

antidilutive effect from net loss incurred during the fiscal year

 

 

144

 

 

 

88

 

 

 

86

 

total unvested shares of common stock not included in
     computation of diluted net loss per share

 

 

144

 

 

 

113

 

 

 

104