v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 26, 2020
Dec. 28, 2019
Assets    
Cash and cash equivalents $ 638 $ 481
Trade and other receivables, net 5,019 6,578
Income taxes receivable 330 76
Inventories 1,071 1,348
Prepaid expenses and other current assets 931 356
Total current assets 7,989 8,839
Property and equipment, net 268 324
Right of use asset - operating leases 2,438 1,894
Intangible assets, net 14,950 17,705
Deposits and other assets 232 272
Total assets 25,877 29,034
Liabilities:    
Accounts payable 2,253 4,365
Accrued liabilities - other 5,727 3,938
Accrued liability - California Sales Taxes 5,686 5,438
Lease obligation short term - operating leases 1,260 1,079
Short term debt 3,327 280
Related party note 1,000 2,473
Total current liabilities 19,253 17,573
Lease obligation long term - operating leases 1,350 850
Deferred income taxes, net 0 270
Total liabilities 20,603 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 September 26, 2020 and December 28, 2019, respectively 0 0
Common stock, par value $0.001 per share, 10,000,000 shares authorized, 1,829,982 and 1,919,048 shares issued and outstanding at September 26, 2020 and at December 28, 2019, respectively 2 2
Additional paid in capital 39,814 39,291
Accumulated other comprehensive loss (588) (533)
Accumulated deficit (33,954) (28,419)
Total stockholders' equity 5,274 10,341
Total liabilities and stockholders' equity $ 25,877 $ 29,034

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