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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Oct. 01, 2022
Jan. 01, 2022
Current assets:    
Cash and cash equivalents $ 15,856 $ 23,852 [1]
Accounts receivable, net of allowance for doubtful accounts of $420 as of October 1, 2022 and $268 as of January 1, 2022 6,157 6,610 [1]
Receivable from related party 3,587 3,106 [1]
Inventories 10,765 7,614 [1]
Prepaid expenses and other current assets 1,984 1,071 [1]
Total current assets 38,349 42,253 [1]
Property and equipment, net 435 428 [1]
Intangible assets, net 2,061 2,205 [1]
Goodwill 965 965 [1]
Operating lease right-of-use assets, net 1,862 2,565 [1]
Other long-term assets 1,287 271 [1]
Total assets 44,959 48,687 [1]
Current liabilities:    
Accounts payable 4,539 2,772 [1]
Payable to related party 101 627 [1]
Accrued compensation 2,862 3,192 [1]
Accrued expenses 1,705 1,575 [1]
Other current liabilities 841 1,098 [1]
Accrued warranty 142 100 [1]
Deferred revenue 2,431 2,355 [1]
Operating lease liabilities 1,012 927 [1]
Total current liabilities 13,633 12,646 [1]
Long-term liabilities:    
Accrued warranty 91 58 [1]
Deferred revenue 12,172 10,930 [1]
Operating lease liabilities 961 1,729 [1]
Other long-term liabilities 27 25 [1]
Total liabilities 26,884 25,388 [1]
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Preferred stock, $0.01 par value, 2,000,000 shares authorized, no shares issued and outstanding 0 0 [1]
Issued and outstanding 15,989,525 and 15,876,171 shares as of October 1, 2022 and January 1, 2022, respectively 169 168 [1]
Additional paid-in capital 86,286 85,255 [1]
Accumulated other comprehensive income 188 45 [1]
Accumulated deficit (68,568) (62,169) [1]
Total stockholders’ equity 18,075 23,299 [1]
Total liabilities and stockholders’ equity $ 44,959 $ 48,687 [1]
[1] Derived from the audited consolidated financial statements included in the Annual Report on Form 10-K filed with the SEC for the year ended January 1, 2022.