Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
 12 Months Ended
Jan. 01, 2022
Jan. 02, 2021
Income Statement [Abstract]    
Revenues $ 40,022,000 $ 33,867,000
Cost of revenues 31,154,000 25,040,000
Gross profit 8,868,000 8,827,000
Operating expenses:    
Selling, general and administrative expenses 15,857,000 17,823,000
Impairment charges 9,786,000 0
Total Operating Expenses 25,643,000 17,823,000
Operating loss (16,775,000) (8,996,000)
Other income (expense):    
Gain on debt settlement 1,872,000 0
Interest expense, net (773,000) (504,000)
Gain (loss) on litigation settlement (1,950,000) 418,000
Gain on settlement of vendor advance payments 952,000 142,000
Other income, net 60,000 15,000
Total other income (expense), net 161,000 71,000
Loss before benefit from income taxes (16,614,000) (8,925,000)
Income tax benefit (provision) 273,000 (427,000)
Net loss $ (16,887,000) $ (8,498,000)
Loss per share:    
Basic loss per share $ (6.35) $ (4.59)
Diluted loss per share $ (6.35) $ (4.59)
Weighted average common shares outstanding:    
Basic 2,658,686 1,852,147
Diluted 2,658,686 1,852,147
Net loss $ (16,887,000) $ (8,498,000)
Other comprehensive loss, net of tax    
Effect of foreign currency translation adjustments (29,000) (55,000)
Total other comprehensive loss, net of tax (29,000) (55,000)
Comprehensive loss $ (16,916,000) $ (8,553,000)