Annual report pursuant to Section 13 and 15(d)

Restatement - Schdeule of Income Statement Table (Details)

v3.23.1
Restatement - Schdeule of Income Statement Table (Details) - USD ($)
 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Oct. 01, 2022
Jul. 02, 2022
Oct. 02, 2021
Jul. 03, 2021
Jul. 02, 2022
Jul. 03, 2021
Oct. 01, 2022
Oct. 02, 2021
Dec. 31, 2022
Jan. 01, 2022
Error Corrections and Prior Period Adjustments Restatement [Line Items]                    
Revenues     $ 12,113,000 $ 8,606,000   $ 17,278,000   $ 29,391,000 $ 39,611,000 $ 40,022,000
Cost of revenues     9,032,000 6,863,000   14,114,000   23,146,000 31,992,000 31,154,000
Gross profit     3,081,000 1,743,000   3,164,000   6,245,000 7,619,000 8,868,000
Operating expenses:                    
Selling, general and administrative expenses     3,925,000 4,595,000   8,125,000   12,050,000 11,790,000 12,089,000
Gain on sale of GeoTraq     0         0    
Gain on sale of GeoTraq       0   0        
Operating loss     (844,000) (2,852,000)   (4,961,000)   (5,805,000) 5,247,000 (16,771,000)
Other income (expense):                    
Interest expense, net     (125,000) (125,000)   (198,000)   (323,000) 489,000 773,000
Gain on Payroll Protection Program loan forgiveness     0 0   1,872,000   1,872,000 0 (1,872,000)
Gain (loss) on litigation settlement, net     0 (1,950,000)   (1,950,000)   (1,950,000) 942,000 (1,950,000)
Gain on settlement of vendor advance payments     11,000 131,000   941,000   952,000 0 (952,000)
Gains on Reversal of Contingency Loss     0 0   0   0 637,000 0
Unrealized loss on marketable securities     0 0   0   0 (631,000) 0
Other income, net     23,000 22,000   22,000   45,000 630,000 152,000
Total other income, net     (91,000) (1,922,000)   687,000   596,000 1,089,000 180,000
Income (loss) from operations before provision for income taxes     (935,000) (4,774,000)   (4,274,000)   (5,209,000) 3,082,000 3,041,000
Provision (benefit) for income taxes     33,000 205,000   203,000   236,000 (6,671,000) 273,000
Net income (loss) from continuing operations     (968,000) (4,979,000)   (4,477,000)   (5,445,000)    
Net income from discontinued operations     $ 0 $ 0   0        
Net income (loss)           $ (4,477,000)   $ (5,445,000) $ 10,992,000 $ (16,887,000)
Net income per share:                    
Basic income per share from continuing operations     $ (0.34) $ (2.07)   $ (1.94)   $ (2.09) $ 1.14 $ (1.25)
Basic income per share from discontinued operations     0 0 $ 0     0 2.35 (5.11)
Diluted income per share from continuing operations     (0.34) (2.07)   (1.94)   (2.09) 1.14 (1.25)
Diluted income per share from discontinued operations     0 0   0   0 2.35 (5.11)
Basic income per share     (0.34) (2.07)   (1.94)   (2.09) 3.49 (6.35)
Diluted income per share     $ (0.34) $ (2.07)   $ (1.94)   $ (2.09) $ 3.49 $ (6.35)
Weighted Average Number of Shares Outstanding, Diluted [Abstract]                    
Basic     2,827,410 2,405,410   2,312,024   2,601,827 3,150,230 2,658,686
Diluted     2,827,410 2,405,410   2,312,024   2,601,827 3,150,230 2,658,686
Net income (loss)           $ (4,477,000)   $ (5,445,000) $ 10,992,000 $ (16,887,000)
Net income loss continued and discontinued operations     $ (968,000)         (5,445,000)    
Net income (loss)       $ (4,979,000)   (4,477,000)        
Other comprehensive income (loss), net of tax:                    
Effect of foreign currency translation adjustments     0 0   (42,000)   (42,000) (4,000) (29,000)
Total other comprehensive loss, net of tax     0 0   (42,000)   (42,000) (4,000) (29,000)
Comprehensive income (loss) $ 26,000   $ (968,000) $ (4,979,000)   $ (4,519,000)   $ (5,487,000) $ 10,988,000 $ (16,916,000)
Previously Reported                    
Error Corrections and Prior Period Adjustments Restatement [Line Items]                    
Revenues 8,587,000 $ 10,538,000     $ 19,862,000   $ 28,449,000      
Cost of revenues 7,553,000 8,889,000     16,360,000   23,913,000      
Gross profit 1,034,000 1,649,000     3,502,000   4,536,000      
Operating expenses:                    
Selling, general and administrative expenses 2,858,000 2,908,000     5,853,000   8,711,000      
Gain on sale of GeoTraq 0           (12,091,000)      
Gain on sale of GeoTraq   (12,091,000)     (12,091,000)          
Operating loss (1,824,000) 10,832,000     9,740,000   7,916,000      
Other income (expense):                    
Interest expense, net 36,000 (98,000)     (290,000)   (254,000)      
Gain on Payroll Protection Program loan forgiveness 0 0     0   0      
Gain (loss) on litigation settlement, net 0 0     1,835,000   1,835,000      
Gain on settlement of vendor advance payments 0 0     0   0      
Gains on Reversal of Contingency Loss 0 0     637,000   637,000      
Unrealized loss on marketable securities (270,000) (376,000)     (376,000)   (646,000)      
Other income, net 0 333,000     359,000   359,000      
Total other income, net (234,000) (141,000)     2,165,000   1,931,000      
Income (loss) from operations before provision for income taxes (2,058,000) 10,691,000     11,905,000   9,847,000      
Provision (benefit) for income taxes 16,000 4,000     7,000   23,000      
Net income (loss) from continuing operations (2,074,000) 10,687,000     11,898,000   9,824,000      
Net income from discontinued operations $ 0 $ 0     0   0      
Net income (loss)         $ 11,898,000   $ 9,824,000      
Net income per share:                    
Basic income per share from continuing operations $ (0.66) $ 3.39     $ 3.78   $ 3.12      
Basic income per share from discontinued operations 0 0     0   0      
Diluted income per share from continuing operations (0.66) 3.06     3.40   2.81      
Diluted income per share from discontinued operations 0 0     0   0      
Basic income per share (0.66) 3.39     3.78   3.12      
Diluted income per share $ (0.66) $ 3.06     $ 3.40   $ 2.81      
Weighted Average Number of Shares Outstanding, Diluted [Abstract]                    
Basic 3,150,230 3,150,230     3,150,230   3,150,230      
Diluted 3,150,230 3,496,250     3,496,250   3,496,003      
Net income (loss)         $ 11,898,000   $ 9,824,000      
Net income loss continued and discontinued operations $ (2,074,000)           9,824,000      
Net income (loss)   $ 10,687,000     11,898,000          
Other comprehensive income (loss), net of tax:                    
Effect of foreign currency translation adjustments 0 41,000     0   0      
Total other comprehensive loss, net of tax 0 41,000     0   0      
Comprehensive income (loss) (2,074,000) 10,728,000     11,898,000   9,824,000      
Effect of Restatement                    
Error Corrections and Prior Period Adjustments Restatement [Line Items]                    
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 0 0     0   0      
Gain on sale of GeoTraq 0           12,091,000      
Gain on sale of GeoTraq   12,091,000     12,091,000          
Operating loss 0 (12,091,000)     (12,091,000)   (12,091,000)      
Other income (expense):                    
Interest expense, net (68,000) 38,000     (38,000)   (106,000)      
Gain on Payroll Protection Program loan forgiveness 0 0     0   0      
Gain (loss) on litigation settlement, net 0 0     0   0      
Gain on settlement of vendor advance payments 0 0     0   0      
Gains on Reversal of Contingency Loss 0 0     0   0      
Unrealized loss on marketable securities 0 0     0   0      
Other income, net 0 0     0   0      
Total other income, net (68,000) (38,000)     (38,000)   (106,000)      
Income (loss) from operations before provision for income taxes (68,000) (12,129,000)     (12,129,000)   (12,197,000)      
Provision (benefit) for income taxes 0 0     0          
Net income (loss) from continuing operations (68,000) (12,129,000)     (12,129,000)   (12,197,000)      
Net income from discontinued operations $ 94,000 $ 10,317,000     10,317,000   10,478,000      
Net income (loss)         $ (12,129,000)   $ (12,197,000)      
Net income per share:                    
Basic income per share from continuing operations $ (0.02) $ (3.85)     $ (3.85)   $ (3.87)      
Basic income per share from discontinued operations 0.03 3.27     3.27   3.33      
Diluted income per share from continuing operations (0.02) (3.85)     (3.85)   (3.87)      
Diluted income per share from discontinued operations 0.03 2.95     2.95   3.00      
Basic income per share 0.01 (0.58)     (0.58)   (0.55)      
Diluted income per share $ 0.01 $ (0.58)     $ (0.58)   $ (0.55)      
Weighted Average Number of Shares Outstanding, Diluted [Abstract]                    
Basic 3,150,230 3,150,230     3,150,230   3,150,230      
Diluted 3,150,230 3,496,250     3,496,250   3,496,003      
Net income (loss)         $ (12,129,000)   $ (12,197,000)      
Net income loss continued and discontinued operations $ 26,000           (1,719,000)      
Net income (loss)   $ (1,812,000)     (1,812,000)          
Other comprehensive income (loss), net of tax:                    
Effect of foreign currency translation adjustments 0 0     0   0      
Total other comprehensive loss, net of tax 0 0     0   0      
Comprehensive income (loss)   (1,812,000)     (1,812,000)   (1,719,000)      
As Restated                    
Error Corrections and Prior Period Adjustments Restatement [Line Items]                    
Revenues 8,587,000 10,538,000     19,862,000   28,449,000      
Cost of revenues 7,553,000 8,889,000     16,360,000   23,913,000      
Gross profit 1,034,000 1,649,000     3,502,000   4,536,000      
Operating expenses:                    
Selling, general and administrative expenses 2,858,000 2,908,000     5,853,000   8,711,000      
Gain on sale of GeoTraq 0           (0)      
Gain on sale of GeoTraq   0     0          
Operating loss (1,824,000) (1,259,000)     (2,351,000)   (4,175,000)      
Other income (expense):                    
Interest expense, net (32,000) (136,000)     (328,000)   (360,000)      
Gain on Payroll Protection Program loan forgiveness 0 0     0   0      
Gain (loss) on litigation settlement, net 0 0     1,835,000   1,835,000      
Gain on settlement of vendor advance payments 0 0     0   0      
Gains on Reversal of Contingency Loss 0 0     637,000   637,000      
Unrealized loss on marketable securities (270,000) (376,000)     (376,000)   (646,000)      
Other income, net 0 333,000     359,000   359,000      
Total other income, net (302,000) (179,000)     2,127,000   1,825,000      
Income (loss) from operations before provision for income taxes (2,126,000) (1,438,000)     (224,000)   (2,350,000)      
Provision (benefit) for income taxes 16,000 4,000     7,000   23,000      
Net income (loss) from continuing operations (2,142,000) (1,442,000)     (231,000)   (2,373,000)      
Net income from discontinued operations $ 94,000 $ 10,317,000     10,317,000   10,478,000      
Net income (loss)         $ 231,000   $ (2,373,000)      
Net income per share:                    
Basic income per share from continuing operations $ (0.68) $ (0.46)     $ (0.07)   $ (0.75)      
Basic income per share from discontinued operations 0.03 3.27     3.27   3.33      
Diluted income per share from continuing operations (0.68) (0.46)     (0.07)   (0.75)      
Diluted income per share from discontinued operations 0.03 2.95     2.95   3.00      
Basic income per share (0.65) 2.82     3.20   2.57      
Diluted income per share $ (0.65) $ 2.54     $ 2.88   $ 2.32      
Weighted Average Number of Shares Outstanding, Diluted [Abstract]                    
Basic 3,150,230 3,150,230     3,150,230   3,150,230      
Diluted 3,150,230 3,496,250     3,496,250   3,496,003      
Net income (loss)         $ 231,000   $ (2,373,000)      
Net income loss continued and discontinued operations $ (2,048,000)           8,105,000      
Net income (loss)   $ 8,875,000     10,086,000          
Other comprehensive income (loss), net of tax:                    
Effect of foreign currency translation adjustments 0 0     0   0      
Total other comprehensive loss, net of tax 0 0     0   0      
Comprehensive income (loss) $ (2,048,000) $ 8,875,000     $ 10,086,000   $ 8,105,000