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Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 01, 2023
Oct. 02, 2022
Oct. 01, 2023
Oct. 02, 2022
Revenue $ 6,665 $ 3,459 $ 13,719 $ 12,096
Cost of revenue 1,537 1,781 4,998 5,413
Gross profit 5,128 1,678 8,721 6,683
Operating expenses:        
Research and development 1,933 1,018 5,067 3,541
Selling, general and administrative 1,915 1,900 5,700 6,018
Total operating expenses 3,848 2,918 10,767 9,559
Operating income (loss) 1,280 (1,240) (2,046) (2,876)
Interest expense (48) (44) (156) (98)
Interest income and other (expense) income, net (36) (60) (99) (42)
Income (loss) before income taxes 1,196 (1,344) (2,301) (3,016)
Provision for income taxes 4 3 4 19
Net income (loss) $ 1,192 $ (1,347) $ (2,305) $ (3,035)
Net income (loss) per share:        
Basic EPS (in dollars per share) $ 0.09 $ (0.11) $ (0.17) $ (0.24)
Diluted EPS (in dollars per share) $ 0.08 $ (0.11) $ (0.17) $ (0.24)
Weighted average shares outstanding:        
Basic (in shares) 13,859 12,664 13,377 12,401
Diluted (in shares) 14,131 12,664 13,377 12,401