v3.26.1
Income or loss per share
7 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Income or loss per share Income or loss per share 
The following table presents the reconciliation of weighted average shares used in the computation of basic and diluted income or loss per share for the year ended May 26, 2024:
Year ended
May 26, 2024
Weighted average shares for basic income or loss per share30,474,298 
Redeemable Convertible Preferred Stock
5,846,612 
Stock options, RSUs and PSUs337,276 
Weighted average shares for diluted income or loss per share36,658,186 
Due to the Company’s net loss for the transition period ended December 31, 2025 and the year ended May 25, 2025, the inclusion of dilutive securities would be antidilutive because it would reduce the amount of loss incurred per share. As a result, no additional dilutive shares were included in diluted loss per share, and there were no differences between basic and diluted loss per share.
The following securities on an as-converted basis were excluded from the computations of diluted loss per share:
May 26, 2025 throughYear ended
December 31, 2025May 25, 2025
Redeemable Convertible Preferred Stock
7,401,682 7,000,626 
Stock options1,377,054 1,260,299 
RSUs
1,440,419 1,519,287 
PSUs
2,283,000 2,545,000 
Total12,502,155 12,325,212 
See note 11 for more information about Redeemable Convertible Preferred Stock and note 13 for more information about stock options, RSUs and PSUs.