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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2022
Jan. 01, 2022
Operating activities    
Net income (loss) $ (17,075,000) $ 26,620,000
Adjustments to reconcile net income (loss) to net cash and cash equivalents provided by (used in) operating activities:    
Depreciation and amortization 1,446,000 3,456,000
Net amortization (accretion) of investment premiums and discounts (196,000) 109,000
Amortization of intangible assets 42,000 0
Gain on sale of Photonics division 0 (54,341,000)
Asset impairment charges 0 1,246,000
Equity-based compensation 4,890,000 4,003,000
Straight-line rent adjustment and amortization of lease incentives (843,000) (463,000)
Foreign currency loss on liquidation of entity 14,000 0
Loss on disposal of fixed assets 1,467,000 0
Deferred income taxes 836,000 25,000
Changes in assets and liabilities:    
Accounts receivable (1,528,000) 10,850,000
Inventories (24,105,000) 9,597,000
Prepaid expenses and other assets 42,000 6,000
Accounts payable 6,290,000 (932,000)
Accrued payroll and other accrued liabilities (1,266,000) (1,972,000)
Customer advances 22,552,000 2,074,000
Total adjustments 9,641,000 (26,342,000)
Net cash and cash equivalents provided by (used in) operating activities (7,434,000) 278,000
Investing activities    
Purchase of investments (52,385,000) (17,148,000)
Proceeds from sales and maturities of investments 26,649,000 19,550,000
Purchase of Hia, Inc., net of cash acquired (763,000) 0
Proceeds from sale of Photonics division 0 70,000,000
Purchase of leasehold improvements and equipment (1,919,000) (1,198,000)
Net cash and cash equivalents provided by (used in) investing activities (28,418,000) 71,204,000
Financing activities    
Proceeds from issuance of common stock 3,083,000 2,632,000
Taxes paid related to net share settlement (724,000) (734,000)
Net cash and cash equivalents provided by financing activities 2,359,000 1,898,000
Effect of exchange rate changes on cash (331,000) 6,000
Net increase (decrease) in cash, cash equivalents and restricted cash (33,824,000) 73,386,000
Cash, cash equivalents and restricted cash at beginning of period 103,514,000 30,128,000
Cash, cash equivalents and restricted cash at end of period 69,690,000 103,514,000
Cash paid (received) for:    
Income taxes 569,000 559,000
Income tax refund $ 0 $ (18,000)