v3.20.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 28, 2020
Dec. 28, 2019
Assets    
Cash and cash equivalents $ 837 $ 481
Trade and other receivables, net 3,951 6,578
Income taxes receivable 11 76
Inventories 1,313 1,348
Prepaid expenses and other current assets 315 356
Total current assets 6,427 8,839
Property and equipment, net 313 324
Right to use asset - operating leases 2,526 1,894
Intangible assets, net 16,763 17,705
Deposits and other assets 243 272
Deferred income taxes, net 203 0
Total assets 26,475 29,034
Liabilities:    
Accounts payable 4,136 4,365
Accrued liabilities - other 3,335 3,938
Accrued liability - California Sales Taxes 5,521 5,438
Lease obligation short term - operating leases 1,247 1,079
Short term debt 0 280
Related party note 2,483 2,473
Total current liabilities 16,722 17,573
Lease obligation long term - operating leases 1,313 850
Deferred income taxes, net 0 270
Total liabilities 18,035 18,693
Commitments and contingencies (Note 15) 0 0
Stockholders' equity:    
Preferred stock, series A - par value $0.001 per share 2,000,000 authorized, 259,729 shares issued and outstanding at March 28, 2020 and December 28, 2019, respectively 0 0
Common stock, par value $0.001 per share, 10,000,000 shares authorized, 1,993,578 and 1,919,048 shares issued and outstanding at March 28, 2020 and at December 28, 2019, respectively 2 2
Additional paid in capital 39,667 39,291
Accumulated other comprehensive loss (527) (533)
Accumulated deficit (30,702) (28,419)
Total stockholders' equity 8,440 10,341
Total liabilities and stockholders' equity $ 26,475 $ 29,034

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