v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS UNAUDITED - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2019
Sep. 29, 2018
Sep. 28, 2019
Sep. 29, 2018
Income Statement [Abstract]        
Revenues $ 9,790 $ 10,267 $ 23,684 $ 27,553
Cost of revenues 7,226 6,874 18,103 19,598
Gross profit 2,564 3,393 5,581 7,955
Operating expenses:        
Selling, general and administrative expenses 5,185 5,064 13,466 12,791
Operating loss (2,621) (1,671) (7,885) (4,836)
Other income (expense):        
Interest expense, net (75) (45) (81) (675)
Other income, net 6 251 784 341
Total other income (expense), net (69) 206 703 (334)
Loss from operations before benefit from income taxes (2,690) (1,465) (7,182) (5,170)
Total benefit from income taxes 732 205 1,825 1,059
Net loss (1,958) (1,260) (5,357) (4,111)
Dividends declared - Series A-1 preferred stock 0 0 0 0
Dividends declared - Common stock $ 0 $ 0 $ 0 $ 0
Loss per share:        
Basic loss per share $ (1.12) $ (0.87) $ (3.16) $ (2.99)
Diluted loss per share $ (1.12) $ (0.87) $ (3.16) $ (2.99)
Weighted average common shares outstanding:        
Basic 1,741,170 1,445,291 1,695,383 1,376,244
Diluted 1,741,170 1,445,291 1,695,383 1,376,244
Net loss $ (1,958) $ (1,260) $ (5,357) $ (4,111)
Other comprehensive income (loss), net of tax        
Effect of foreign currency translation adjustments (14) 12 3 (25)
Total other comprehensive income (loss), net of tax (14) 12 3 (25)
Comprehensive loss $ (1,972) $ (1,248) $ (5,354) $ (4,136)

Source