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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 02, 2021
Dec. 28, 2019
Current assets:    
Cash and cash equivalents $ 11,626 $ 12,653
Accounts receivable, net of allowance for doubtful accounts of $244 as of January 2, 2021 and $187 as of December 28, 2019 7,289 9,323
Inventories 5,714 8,174
Prepaid expenses and other current assets 730 401
Total current assets 25,359 30,551
Property and equipment, net 449 730
Intangible assets, net 68 84
Goodwill 533 533
Operating lease right-of-use assets, net 1,428 2,764
Other long-term assets 132 151
Total assets 27,969 34,813
Current liabilities:    
Accounts payable 1,148 2,592
Accrued compensation 1,965 2,398
Accrued expenses 1,806 1,544
Current portion of PPP loan 1,249  
Accrued warranty 166 380
Deferred revenue 938 1,450
Operating lease liabilities 1,409 1,414
Total current liabilities 8,681 9,778
Long-term liabilities:    
PPP loan 1,248  
Accrued warranty 81 156
Deferred revenue 289 360
Operating lease liabilities 282 1,795
Other long-term liabilities 22 19
Total liabilities 10,603 12,108
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, $0.01 par value, 2,000,000 shares authorized, no shares issued and outstanding
Common stock, $0.01 par value: Authorized: 30,000,000 shares; Issued and outstanding 13,899,683 and 13,785,233 shares as of January 2, 2021 and December 28, 2019, respectively 148 147
Additional paid-in capital 74,181 73,093
Accumulated other comprehensive income (loss) (19) 80
Accumulated deficit (56,944) (50,615)
Total stockholders’ equity 17,366 22,705
Total liabilities and stockholders’ equity $ 27,969 $ 34,813