v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Apr. 02, 2022
Jan. 01, 2022
Assets    
Cash and cash equivalents $ 2,313 $ 705
Trade and other receivables, net 4,830 4,220
Inventories 1,249 1,209
Prepaid expenses and other current assets 1,231 1,423
Total current assets 9,623 7,557
Property and equipment, net 2,161 2,113
Right of use asset - operating leases 3,026 3,671
Intangible assets, net 214 268
Deposits and other assets 1,511 1,556
Total assets 16,535 15,165
Liabilities:    
Accounts payable 6,778 5,266
Accrued liabilities - other 5,144 5,232
Accrued liability - California Sales Taxes 6,079 6,022
Lease obligation short term - operating leases 1,219 1,304
Short term debt 72 288
Current portion of note payable 266 261
Related party note 1,000 1,000
Total current liabilities 20,558 19,373
Lease obligation long term - operating leases 1,894 2,470
Long term portion of notes payable 1,253 1,318
Other noncurrent liabilities 340 680
Total liabilities 24,045 23,841
Commitments and contingencies (Note 15)
Stockholders' equity:    
Preferred stock, series A - par value $0.001 per share 2,000,000 authorized, 238,729 and 238,729 shares issued and outstanding at April 2, 2022 and January 1, 2022, respectively 0 0
Common stock, par value $0.001 per share, 10,000,000 shares authorized, 2,827,410 and 2,827,410 shares issued and outstanding at April 2, 2022 and at January 1, 2022, respectively 2 2
Additional paid in capital 45,747 45,743
Accumulated deficit (52,601) (53,804)
Accumulated other comprehensive loss (658) (617)
Total stockholders' equity (deficit) (7,510) (8,676)
Total liabilities and stockholders' equity (deficit) $ 16,535 $ 15,165

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