Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 30, 2017
Current assets:    
Cash and cash equivalents $ 2,148 $ 3,313
Trade and other receivables, net 5,876 10,036
Due From Appliancesmart Holdings LLC a subsidiary of Live Ventures Incorporated 2,550 6,500
Inventories, net 1,154 762
Prepaid expenses and other current assets 347 506
Total current assets 12,075 21,117
Property and equipment, net 491 538
Intangible assets, net 23,785 24,718
Deposits and other assets 508 518
Total assets 36,859 46,891
Current liabilities:    
Accounts payable 2,555 3,321
Accrued liabilities 4,984 6,561
Notes payable - short term 300 300
Accrued income taxes 3 3
Current portion of long-term maturities 145 5,577
Total current liabilities 7,987 15,762
Deferred income taxes 4,002 4,577
Other noncurrent liabilities 129 314
Total liabilities 12,118 20,653
Stockholders' equity:    
Preferred stock, series A - par value .001 per share 2,000 authorized and 288 shares issued and outstanding at March 31, 2018 and December 30, 2017 0 0
Common stock, par value .001 per share, 50,000 shares authorized, 6,875 shares issued and outstanding at March 31, 2018 and December 30, 2017 7 7
Additional paid in capital 37,634 37,634
Accumulated deficit (12,385) (10,910)
Accumulated other comprehensive loss (515) (493)
Total stockholders' equity 24,741 26,238
Total liabilities and shareholders' equity $ 36,859 $ 46,891