v3.21.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jul. 03, 2021
Jan. 02, 2021
Assets    
Cash and cash equivalents $ 3,710 $ 379
Trade and other receivables, net 3,804 3,600
Income taxes receivable 23 196
Inventories 1,327 1,630
Prepaid expenses and other current assets 1,026 1,136
Total current assets 9,890 6,941
Property and equipment, net 2,111 732
Right to use asset - operating leases 3,139 2,458
Intangible assets, net 12,043 13,989
Deposits and other assets 273 231
Total assets 27,456 24,351
Liabilities:    
Accounts payable 6,025 4,701
Accrued liabilities - other 5,073 4,888
Accrued liability - California Sales Taxes 5,895 5,769
Lease obligation short term - operating leases 1,333 1,197
Short term debt 85 3,042
Current portion of note payable 252 0
Related party note 1,000 1,000
Total current liabilities 19,663 20,597
Lease obligation long term - operating leases 1,902 1,388
Note payable 1,443 0
Other noncurrent liabilities 850 0
Total liabilities 23,858 21,985
Commitments and contingencies (Note 15)
Stockholders' equity:    
Preferred stock, series A -1 par value $0.001 per share 2,000,000 authorized, 259,729 shares issued and outstanding at July 3, 2021 and January 2, 2021, respectively 0 0
Common stock, par value $0.001 per share, 200,000,000 shares authorized, 2,407,410 and 1,829,982 shares issued and outstanding at July 3, 2021 and at January 2, 2021, respectively 2 2
Additional paid in capital 45,620 39,869
Accumulated other comprehensive loss (630) (588)
Accumulated deficit (41,394) (36,917)
Total stockholders' equity 3,598 2,366
Total liabilities and stockholders' equity $ 27,456 $ 24,351

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