v3.21.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 02, 2021
Dec. 28, 2019
Assets    
Cash and cash equivalents $ 379 $ 481
Trade and other receivables, net 3,600 6,578
Income taxes receivable 196 76
Inventories 1,630 1,348
Prepaid expenses and other current assets 1,136 356
Total current assets 6,941 8,839
Property and equipment, net 732 324
Right of use asset - operating leases 2,458 1,894
Intangible assets, net 13,989 17,705
Deposits and other assets 231 272
Total assets 24,351 29,034
Liabilities:    
Accounts payable 4,701 4,365
Accrued liabilities - other 4,888 3,938
Accrued liability - California Sales Taxes 5,769 5,438
Lease obligation short term - operating leases 1,197 1,079
Short term debt 3,042 280
Related party note 1,000 2,473
Total current liabilities 20,597 17,573
Lease obligation long term - operating leases 1,388 850
Deferred income taxes, net 0 270
Total liabilities 21,985 18,693
Commitments and Contingencies (Note 15) 0 0
Stockholders' equity:    
Preferred stock, series A-1 - par value $0.001 per share 2,000,000 authorized, 259,729 and 259,729 shares issued and outstanding at January 2, 2021 and December 28, 2019, respectively 0 0
Common stock, par value $0.001 per share, 200,000,000 shares authorized, 1,829,982 and 1,919,048 shares issued and outstanding at January 2, 2021 and at December 28, 2019, respectively 2 2
Additional paid in capital 39,869 39,291
Accumulated deficit (36,917) (28,419)
Accumulated other comprehensive loss (588) (533)
Total stockholders' equity 2,366 10,341
Total liabilities and stockholders' equity $ 24,351 $ 29,034

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