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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 01, 2023
Jul. 02, 2022
Net revenues:        
Net revenues $ 10,301 $ 9,307 $ 21,843 $ 13,752
Cost of net revenues:        
Cost of net revenues 7,731 4,820 14,554 8,543
Gross profit 2,570 4,487 7,289 5,209
Operating expenses:        
Research and development 3,647 2,868 7,620 7,028
Selling, general and administrative 4,375 4,016 9,575 8,265
Total operating expenses 8,022 6,884 17,195 15,293
Loss from operations (5,452) (2,397) (9,906) (10,084)
Interest income and other income (expense), net 650 317 1,322 310
Loss from continuing operations before provision for income taxes (4,802) (2,080) (8,584) (9,774)
Provision for income taxes 116 500 502 526
Net loss from continuing operations, net of taxes (4,918) (2,580) (9,086) (10,300)
Net income (loss) from discontinued operations, net of taxes 40 (238) 317 (373)
Net loss $ (4,878) $ (2,818) $ (8,769) $ (10,673)
Net income (loss) per share:        
Basic – continuing operations $ (0.19) $ (0.1) $ (0.35) $ (0.41)
Diluted – continuing operations (0.19) (0.1) (0.35) (0.41)
Basic – discontinued operations 0 (0.01) 0.01 (0.01)
Diluted – discontinued operations 0 (0.01) 0.01 (0.01)
Basic – net loss (0.19) (0.11) (0.34) (0.43)
Diluted – net loss $ (0.19) $ (0.11) $ (0.34) $ (0.43)
Weighted average common shares outstanding:        
Basic 26,032 25,141 25,907 24,970
Diluted 26,032 25,141 25,907 24,970