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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Oct. 01, 2016
Jan. 02, 2016
[1]
Current assets:    
Cash and cash equivalents $ 9,577 $ 9,995
Accounts receivable, net of allowance for doubtful accounts of $174 as of October 1, 2016 and $140 as of January 2, 2016 7,926 9,282
Inventories 12,678 11,106
Prepaid expenses and other current assets 1,225 386
Total current assets 31,406 30,769
Property and equipment, net 1,447 1,104
Intangible assets, net 256 268
Goodwill 533 533
Deferred income taxes 8,985 8,985
Other long-term assets 87 164
Total assets 42,714 41,823
Current liabilities:    
Accounts payable 2,472 2,223
Accrued compensation 1,574 1,572
Accrued expenses 1,622 1,722
Accrued warranty 570 603
Deferred revenue 1,305 1,311
Total current liabilities 7,543 7,431
Long-term liabilities:    
Other long-term liabilities 619 704
Total liabilities 8,162 8,135
Stockholders’ equity:    
Common stock, $0.01 par value: Authorized: 30,000,000 shares; Issued and outstanding 10,146,235 and 10,009,408 shares as of October 1, 2016 and January 2, 2016, respectively 112 111
Additional paid-in capital 39,747 37,986
Accumulated deficit (5,307) (4,409)
Total stockholders’ equity 34,552 33,688
Total liabilities and stockholders’ equity $ 42,714 $ 41,823
[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 2, 2016.