v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Sep. 30, 2023
Oct. 01, 2022
Statement of Comprehensive Income [Abstract]        
Revenues $ 0 $ 0 $ 0 $ 0
Cost of revenues 0 0 0 0
Gross profit 0 0 0 0
Operating expenses:        
Selling, general and administrative expenses 764 611 2,923 1,950
Operating loss (764) (611) (2,923) (1,950)
Other income:        
Interest income, net 758 410 1,598 575
Gain on litigation settlement, net 0 0 0 1,950
Unrealized loss on marketable securities (267) (270) (514) (646)
Gain on reversal of contingency loss 0 0 0 637
Other income, net 6 688 745 2,043
Total other income, net 497 828 1,829 4,559
Income (loss) from continuing operations before provision for income taxes (267) 217 (1,094) 2,609
Income tax benefit (25) 0 (269) 0
Net income (loss) from continuing operations (242) 217 (825) 2,609
Gain (loss) from discontinued operations 0 (2,182) 13,976 5,518
Income tax provision (benefit) for discontinued operations (28) 16 3,158 23
Net income (loss) from discontinued operations 28 (2,198) 10,818 5,495
Net income (loss) $ (214) $ (1,981) $ 9,993 $ 8,104
Net income (loss) per share:        
Net income (loss) per share from continuing operations, basic (in usd per share) $ (0.06) $ 0.07 $ (0.22) $ 0.83
Net income (loss) per share from continuing operations, diluted (in usd per share) (0.06) 0.07 (0.22) 0.75
Net income (loss) per share from discontinued operations, basic (in usd per share) 0.01 (0.70) 2.93 1.74
Net income (loss) per share from discontinued operations, diluted (in usd per share) 0.01 (0.70) 2.93 1.57
Net income (loss) per shares, basic (in usd per share) (0.05) (0.63) 2.71 2.57
Net income (loss) per share, diluted (in usd per share) $ (0.05) $ (0.63) $ 2.71 $ 2.32
Weighted average common shares outstanding:        
Basic (in shares) 4,198,940 3,150,230 3,687,896 3,150,230
Diluted (in shares) 4,198,940 3,150,230 3,687,896 3,496,003

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