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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jul. 04, 2015
Jan. 03, 2015
[1]
Current assets:    
Cash and cash equivalents $ 12,203 $ 13,303
Accounts receivable, net of allowance for doubtful accounts of $228 as of July 4, 2015 and $223 as of January 3, 2015 7,319 8,337
Inventories 10,171 9,119
Prepaid expenses and other current assets 615 510
Deferred income taxes - current 1,625 1,625
Total current assets 31,933 32,894
Property and equipment, net 1,079 735
Intangible assets, net 276 284
Goodwill 533 533
Deferred income taxes - long term 7,151 7,151
Other long-term assets 195 221
Total assets 41,167 41,818
Current liabilities:    
Accounts payable 2,060 1,758
Accrued compensation 1,470 1,863
Accrued expenses 1,806 1,770
Accrued warranty 520 469
Deferred revenue 1,199 1,179
Total current liabilities 7,055 7,039
Long-term liabilities:    
Other long-term liabilities 881 1,043
Total liabilities 7,936 8,082
Stockholders’ equity:    
Common stock, $0.01 par value: Authorized: 30,000,000 shares: Issued and outstanding 10,019,871 and 9,786,695 shares as of July 4, 2015 and as of January 3, 2015, respectively 110 108
Additional paid-in capital 38,410 38,511
Accumulated deficit (5,289) (4,883)
Total stockholders’ equity 33,231 33,736
Total liabilities and stockholders’ equity $ 41,167 $ 41,818
[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 3, 2015.