Balance Sheet Components

12 Months Ended

Jan. 02, 2022

Balance Sheet Components

Balance Sheet Components

4.Balance Sheet Components

Property and Equipment, net

Property and equipment, net consisted of the following (in thousands):

	January 2,		January 3,
	2022		2021
Leasehold improvements	$	3,502	$	3,647
Equipment		3,278		2,595
Furniture and fixtures		2,123		1,849
Construction in progress		107		28
Total property and equipment		9,010		8,119
Less: accumulated depreciation and amortization		(5,779)		(5,029)
Property and equipment, net	$	3,231	$	3,090

Depreciation of property and equipment was $1.3 million, $1.5 million and $1.4 million for 2021, 2020 and 2019, respectively.

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following (in thousands):

	January 2,		January 3,
	2022		2021
Accrued compensation and benefits	$	8,136	$	2,932
Accrued pre-vesting distributions payable to former Class P unit holders		2,648		—
Accrued debt amendment fees		—		917
Accrued marketing		3,621		495
Accrued inventory		2,928		90
Other		4,615		3,099
Accrued expenses and other current liabilities	$	21,948	$	7,533

The Company reclassified accrued interest to other and reclassified accrued inventory from other as of January 3, 2021 to conform to the current period presentation.