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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 30, 2024
Dec. 30, 2023
Current assets:    
Cash and cash equivalents $ 5,419 $ 7,034
Accounts receivable, net 6,525 6,727
Receivable from related party 2,621 2,927
Inventories 11,003 9,906
Prepaid expenses and other current assets 2,010 856
Total current assets 27,578 27,450
Property and equipment, net 265 351
Intangible assets, net 1,558 1,642
Goodwill 965 965
Operating lease right-of-use assets, net 2,402 2,632
Other long-term assets 1,324 1,396
Total assets 34,092 34,436
Current liabilities:    
Accounts payable 7,681 4,499
Payable to related party 310 228
Accrued compensation 2,256 1,619
Accrued expenses 1,112 1,996
Other current liabilities 1,265 1,233
Deferred revenue, current 2,447 2,404
Operating lease liabilities, current 995 995
Total current liabilities 16,066 12,974
Long-term liabilities:    
Deferred revenue 9,708 10,025
Operating lease liabilities 1,526 1,751
Other long-term liabilities 304 164
Total liabilities 27,604 24,914
Commitments and contingencies (Note 8)
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 shares as of March 30, 2024 and December 30, 2023 172 172
Additional paid-in capital 88,838 88,444
Accumulated other comprehensive loss (16) (52)
Accumulated deficit (82,506) (79,042)
Total stockholders’ equity 6,488 9,522
Total liabilities and stockholders’ equity $ 34,092 $ 34,436