v3.19.3
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 28, 2019
Dec. 29, 2018
Assets    
Cash and cash equivalents $ 638 $ 1,195
Trade and other receivables, net 5,877 5,804
Income taxes receivable 148 101
Inventories 1,727 801
Prepaid expenses and other current assets 854 1,036
Total current assets 9,244 8,937
Note receivable - ApplianceSmart Holdings, LLC a subsidiary of Live Ventures Incorporated 2,956 3,837
Property and equipment, net 802 617
Right to use asset - operating leases 2,163 0
Intangible assets, net 18,193 20,988
Deposits and other assets 285 661
Total assets 33,643 35,040
Liabilities:    
Accounts payable 3,726 3,169
Accrued liabilities - other 1,312 1,118
Accrued liability - California Sales Taxes 4,688 4,722
Short term debt 791 675
Lease obligation short term - operating leases 1,046 0
Total current liabilities 11,563 9,684
Lease obligation long term - operating leases 1,150 0
Deferred income taxes, net 1,726 3,549
Related party note payable 2,500 0
Other noncurrent liabilities 0 196
Total liabilities 16,939 13,429
Stockholders' equity:    
Preferred stock, series A-1 - par value $0.001 per share 2,000,000 authorized, 259,729 and 288,588 shares issued and outstanding at September 28, 2019 and December 29, 2018, respectively 0 0
Common stock, par value $0.001 per share, 10,000,000 shares authorized, 1,917,779 and 1,694,565 shares issued and outstanding at September 28, 2019 and at December 29, 2018, respectively 2 2
Additional paid in capital 39,107 38,660
Accumulated other comprehensive loss (530) (533)
Accumulated deficit (21,875) (16,518)
Total stockholders' equity 16,704 21,611
Total liabilities and stockholders' equity $ 33,643 $ 35,040

Source