v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Jun. 27, 2020
Jun. 29, 2019
Income Statement [Abstract]        
Revenues $ 4,007 $ 7,601 $ 12,457 $ 13,894
Cost of revenues 2,962 5,733 9,938 10,877
Gross profit 1,045 1,868 2,519 3,017
Operating expenses:        
Selling, general and administrative expenses 3,363 4,257 8,236 8,281
Operating loss (2,318) (2,389) (5,717) (5,264)
Other income (expense):        
Interest income (expense), net (54) (14) (167) (6)
Other income, net (8) 639 810 778
Total other income (expense), net (62) 625 643 772
Loss from operations before benefit (expense) from income taxes (2,380) (1,764) (5,074) (4,492)
Income tax benefit (expense) (62) 393 349 1,093
Net loss $ (2,442) $ (1,371) $ (4,725) $ (3,399)
Loss per share:        
Basic loss per share $ (1.22) $ (0.81) $ (2.41) $ (2.01)
Diluted loss per share $ (1.22) $ (0.81) $ (2.41) $ (2.01)
Weighted average common shares outstanding:        
Basic 1,993,578 1,694,565 1,961,210 1,694,565
Diluted 1,993,578 1,694,565 1,961,210 1,694,565
Net loss $ (2,442) $ (1,371) $ (4,725) $ (3,399)
Other comprehensive income (loss), net of tax:        
Effect of foreign currency translation adjustments (34) 10 (28) 17
Total other comprehensive income (loss), net of tax (34) 10 (28) 17
Comprehensive loss $ (2,476) $ (1,361) $ (4,753) $ (3,382)

Source