Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Statement of Comprehensive Income [Abstract]    
Revenues $ 0 $ 0
Cost of revenues 0 0
Gross profit 0 0
Operating expenses:    
Selling, general and administrative expenses 1,806 1,099
Operating loss (1,806) (1,099)
Other income (expense):    
Interest income (expense), net (252) 475
Unrealized loss on marketable securities (190) (247)
Other income, net 29 (18)
Total other income, net (413) 210
Income (loss) from continuing operations before provision for income taxes (2,219) (889)
Income tax benefit (75) (227)
Net income (loss) from continuing operations (2,144) (662)
Gain (loss) from discontinued operations (including a $15.8 million gain on sale) 0 13,976
Income tax provision for discontinued operations 0 3,229
Net income (loss) from discontinued operations 0 10,747
Net income $ (2,144) $ 10,085
Net income (loss) per share:    
Net loss per share from continuing operations, basic (in usd per share) $ (0.34) $ (0.21)
Net loss per share from continuing operations, diluted (in usd per share) (0.34) (0.21)
Net (loss) income per share from discontinued operations, basic (in usd per share) 0 3.36
Net (loss) income per share from discontinued operations, diluted (in usd per share) 0 3.36
Net (loss) income per shares, basic (in usd per share) (0.34) 3.15
Net (loss) income per share, diluted (in usd per share) $ (0.34) $ 3.15
Weighted average common shares outstanding:    
Basic (in shares) 6,308,331 3,199,061
Diluted (in shares) 6,308,331 3,199,061