v3.21.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Oct. 02, 2021
Jan. 02, 2021
Assets    
Cash and cash equivalents $ 2,820 $ 379
Trade and other receivables, net 5,531 3,600
Income taxes receivable 0 196
Inventories 1,152 1,630
Prepaid expenses and other current assets 1,207 1,136
Total current assets 10,710 6,941
Property and equipment, net 2,134 732
Right of use asset - operating leases 3,453 2,458
Intangible assets, net 11,046 13,989
Deposits and other assets 267 231
Total assets 27,610 24,351
Liabilities:    
Accounts payable 5,433 4,701
Accrued liabilities - other 6,127 4,888
Accrued liability - California Sales Taxes 5,958 5,769
Lease obligation short term - operating leases 1,320 1,197
Short term debt 494 3,042
Current portion of note payable 257 0
Related party note 1,000 1,000
Total current liabilities 20,589 20,597
Lease obligation long term - operating leases 2,236 1,388
Note payable 1,381 0
Other noncurrent liabilities 680 0
Total liabilities 24,886 21,985
Commitments and contingencies (Note 15)
Stockholders' equity:    
Preferred stock, series A-1 par value $0.001 per share 2,000,000 authorized, 238,729 and 259,729 shares issued and outstanding at October 2, 2021 and January 2, 2021, respectively 0 0
Common stock, par value $0.001 per share, 200,000,000 shares authorized, 2,827,410 and 1,829,982 shares issued and outstanding at October 2, 2021 and at January 2, 2021, respectively 2 2
Additional paid in capital 45,714 39,869
Accumulated other comprehensive loss (630) (588)
Accumulated deficit (42,362) (36,917)
Total stockholders' equity 2,724 2,366
Total liabilities and stockholders' equity $ 27,610 $ 24,351

Source