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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 7,034 $ 13,922
Accounts receivable, net 6,727 6,229
Receivable from related party 2,927 3,539
Inventories 9,906 10,608
Prepaid expenses and other current assets 856 1,468
Total current assets 27,450 35,766
Property and equipment, net 351 462
Intangible assets, net 1,642 1,977
Goodwill 965 965
Operating lease right-of-use assets, net 2,632 1,665
Other long-term assets 1,396 1,455
Total assets 34,436 42,290
Current liabilities:    
Accounts payable 4,499 3,858
Payable to related party 228 15
Accrued compensation 1,619 2,448
Accrued expenses 1,996 1,548
Other current liabilities 925 968
Accrued warranty 308 168
Deferred revenue 2,404 2,411
Operating lease liabilities 995 1,037
Total current liabilities 12,974 12,453
Long-term liabilities:    
Accrued warranty 138 106
Deferred revenue 10,025 11,742
Operating lease liabilities 1,751 732
Other long-term liabilities 26 26
Total liabilities 24,914 25,059
Commitments and contingencies (Note 10)
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 16,252,813 and 15,989,662 shares as of December 30, 2023 and December 31, 2022, respectively 172 169
Additional paid-in capital 88,444 86,802
Accumulated other comprehensive loss (52) (24)
Accumulated deficit (79,042) (69,716)
Total stockholders’ equity 9,522 17,231
Total liabilities and stockholders’ equity $ 34,436 $ 42,290