Note 5 - Property and Equipment

9 Months Ended

Oct. 01, 2022

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

5.     Property and Equipment

Property and equipment are stated at cost, less accumulated depreciation and amortization, and are depreciated or amortized on the straight-line method at rates calculated to provide for retirement of assets at the end of their estimated useful lives.  Computer hardware and software, and furniture and office equipment are typically depreciated over five years.  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:

	October 1, 2022		January 1, 2022
Computers and systems	$	3,936	$	4,133
Equipment and furniture		85		86
Leasehold improvements		387		159
		4,408		4,378
Less: accumulated depreciation and amortization		2,266		2,439
Property and equipment, net	$	2,142	$	1,939

The Company periodically writes off fully depreciated and amortized assets.  The Company wrote off fully depreciated and amortized assets of $901 and $2,384 during the thirty-nine weeks ended October 1, 2022 and October 2, 2021, respectively. Depreciation and amortization expense of property and equipment for the thirteen weeks ended October 1, 2022 and October 2, 2021 was $266 and $250, respectively.  Depreciation and amortization expense of property and equipment for the thirty-nine weeks ended October 1, 2022 and October 2, 2021 was $729 and $775, respectively.