Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 29, 2018
Dec. 30, 2017
Current assets:    
Cash and cash equivalents $ 1,195 $ 3,313
Trade and other receivables, net 5,804 10,036
Due From Appliancesmart Holdings LLC a subsidiary of Live Ventures Incorporated 0 6,500
Income taxes receivable 101 0
Inventories 801 762
Prepaid expenses and other current assets 617 506
Total current assets 8,518 21,117
Note receivable - ApplianceSmart Holdings, LLC a subsidiary of Live Ventures Incorporated 3,837 0
Property and equipment, net 617 538
Intangible assets, net 20,988 24,718
Deposits and other assets 661 518
Total assets 34,621 46,891
Current liabilities:    
Accounts payable 3,169 3,321
Accrued liabilities - other 1,118 1,998
Accrued liability - California Sales Taxes 4,722 4,563
Notes payable - short term 0 300
Accrued income taxes 0 3
Short term debt 256 5,577
Total current liabilities 9,265 15,762
Deferred income taxes, net 3,549 4,577
Other noncurrent liabilities 196 314
Total liabilities 13,010 20,653
Stockholders' equity:    
Preferred stock, series A - par value $.001 per share 2,000 authorized, 288 shares issued and outstanding at December 29, 2018 and December 30, 2017 0 0
Common stock, par value $.001 per share, 50,000 shares authorized, 8,472 and 6,875 shares issued and outstanding at December 29, 2018 and at December 30, 2017, respectively 8 7
Additional paid in capital 38,654 37,634
Accumulated deficit (16,518) (10,910)
Accumulated other comprehensive loss (533) (493)
Total stockholders' equity 21,611 26,238
Total liabilities and shareholders' equity $ 34,621 $ 46,891