Note 5 - Property and Equipment

3 Months Ended

Apr. 03, 2021

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

5. Property and Equipment

Property and equipment are stated at cost and are depreciated on the straight-line method at rates calculated to provide for retirement of assets at the end of their estimated useful lives. The annual rates are

20%

for computer hardware and software as well as furniture and office equipment. Leasehold improvements are amortized over the shorter of the estimated life of the asset or the lease term.

Property and equipment are comprised of the following:

	April 3, 2021		January 2, 2021
Computers and systems	$	4,410	$	4,686
Equipment and furniture		137		264
Leasehold improvements		234		235
		4,781		5,185
Less: accumulated depreciation and amortization		2,922		3,107
Property and equipment, net	$	1,859	$	2,078

The Company periodically writes off fully depreciated and amortized assets.  The Company wrote off fully depreciated and amortized assets of

$451

and

$960

during the

thirteen

week periods ended

April 3, 2021

and

March 28, 2020,

respectively. Depreciation and amortization expense of property and equipment for the

thirteen

week periods ended

April 3, 2021

and

March 28, 2020

was

$266

and

$255,

respectively.