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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Jan. 01, 2022
Current assets:    
Cash and cash equivalents $ 13,922 $ 23,852
Accounts receivable, net of allowance for doubtful accounts of $390 as of December 31, 2022 and $268 as of January 1, 2022 6,229 6,610
Receivable from related party 3,539 3,106
Inventories 10,608 7,614
Prepaid expenses and other current assets 1,468 1,071
Total current assets 35,766 42,253
Property and equipment, net 462 428
Intangible assets, net 1,977 2,205
Goodwill 965 965
Operating lease right-of-use assets, net 1,665 2,565
Other long-term assets 1,455 271
Total assets 42,290 48,687
Current liabilities:    
Accounts payable 3,858 2,772
Payable to related party 15 627
Accrued compensation 2,448 3,192
Accrued expenses 1,548 1,575
Other current liabilities 968 1,098
Accrued warranty 168 100
Deferred revenue 2,411 2,355
Operating lease liabilities 1,037 927
Total current liabilities 12,453 12,646
Long-term liabilities:    
Accrued warranty 106 58
Deferred revenue 11,742 10,930
Operating lease liabilities 732 1,729
Other long-term liabilities 26 25
Total liabilities 25,059 25,388
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Preferred stock, $0.01 par value, 2,000,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $0.01 par value: Authorized: 30,000,000 shares; Issued and outstanding 15,989,662 and 15,876,171 shares as of December 31, 2022 and January 1, 2022, respectively 169 168
Additional paid-in capital 86,802 85,255
Accumulated other comprehensive (loss) income (24) 45
Accumulated deficit (69,716) (62,169)
Total stockholders’ equity 17,231 23,299
Total liabilities and stockholders’ equity $ 42,290 $ 48,687