v3.21.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Apr. 03, 2021
Jan. 02, 2021
Assets    
Cash and cash equivalents $ 5,060 $ 379
Trade and other receivables, net 3,518 3,600
Income taxes receivable 196 196
Inventories 1,007 1,630
Prepaid expenses and other current assets 734 1,136
Total current assets 10,515 6,941
Property and equipment, net 991 732
Right to use asset - operating leases 2,531 2,458
Intangible assets, net 13,031 13,989
Deposits and other assets 237 231
Total assets 27,305 24,351
Liabilities:    
Accounts payable 4,667 4,701
Accrued liabilities - other 4,475 4,888
Accrued liability - California Sales Taxes 5,831 5,769
Lease obligation short term - operating leases 1,266 1,197
Short term debt 216 3,042
Related party note 1,000 1,000
Total current liabilities 17,455 20,597
Lease obligation long term - operating leases 1,360 1,388
Total liabilities 18,815 21,985
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 April 3, 2021 and January 2, 2021, respectively 0 0
Common stock, par value $0.001 per share, 200,000,000 shares authorized, 2,403,410 and 1,829,982 shares issued and outstanding at April 3, 2021 and at January 2, 2021, respectively 2 2
Additional paid in capital 45,533 39,869
Accumulated other comprehensive loss (630) (588)
Accumulated deficit (36,415) (36,917)
Total stockholders' equity 8,490 2,366
Total liabilities and stockholders' equity $ 27,305 $ 24,351

Source