Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 30, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 61 $ 5
Trade and other receivables, net 331 266
Prepaid expenses and other current assets 799 75
Total current assets 1,191 346
Intangible assets - Soin, net 17,203 17,842
Other intangible assets, net 4 4
Marketable securities 180 286
Deposits and other assets 0 9
Total assets 18,578 18,487
Liabilities:    
Accounts payable 2,034 2,272
Accrued liabilities - other 2,541 3,633
Due to Soin 2,900 0
Total current liabilities 8,075 5,905
Deferred income taxes, net 564 639
Notes payable 1,806 0
Other noncurrent liabilities 0 34
Total liabilities 10,949 7,285
Commitments and contingencies (Note 12)
Convertible preferred stock, series S - par value $0.001 per share $200,000 authorized, $100,000 and $100,000 shares issued and outstanding at March 30, 2024 and December 30, 2023, respectively 3,900  
Stockholders' equity:    
Common stock, par value $0.001 per share, $200,000,000 shares authorized, $7,551,379 and $4,957,647 shares issued and outstanding at March 30, 2024 and at December 30, 2023, respectively 5 3
Additional paid-in capital 48,553 47,323
Accumulated deficit (52,778) (50,634)
Total stockholders' equity (deficit) 3,773 (3,308)
Total liabilities and stockholders' equity 18,578 18,487
Related Party    
Liabilities:    
Related party notes payable 600 0
Related party note payable 504 707
Series S    
Liabilities:    
Convertible preferred stock, series S - par value $0.001 per share $200,000 authorized, $100,000 and $100,000 shares issued and outstanding at March 30, 2024 and December 30, 2023, respectively 3,856 14,510
Stockholders' equity:    
Preferred stock, series A - par value $0.001 per share $2,000,000 authorized, $193,730 and $193,730 shares issued and outstanding at March 30, 2024 and December 30, 2023, respectively 7,993 0
Series A-1 Preferred    
Stockholders' equity:    
Preferred stock, series A - par value $0.001 per share $2,000,000 authorized, $193,730 and $193,730 shares issued and outstanding at March 30, 2024 and December 30, 2023, respectively $ 0 $ 0