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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 01, 2022
Jan. 02, 2021
Current assets:    
Cash and cash equivalents $ 102,728 $ 29,341
Short-term investments 10,221 14,839
Trade and other accounts receivable, net of allowances of $0 at both January 1, 2022 and January 2, 2021 14,261 28,646
Inventories 5,791 21,689
Prepaid expenses and other current assets 1,827 1,893
Total current assets 134,828 96,408
Property, plant and equipment, net 4,759 11,004
Operating lease right-of-use assets 4,520 8,165
Long-term investments 7,427 5,388
Restricted cash 786 787
Deferred income taxes and other long-term assets 5,449 5,486
Total assets 157,769 127,238
Current liabilities:    
Current operating lease liabilities 3,119 2,853
Accounts payable 5,320 4,259
Accrued payroll and related liabilities 5,505 7,679
Other accrued liabilities 3,665 3,598
Customer advances 2,107 33
Total current liabilities 19,716 18,422
Noncurrent liabilities:    
Noncurrent operating lease liabilities 3,675 6,803
Other long-term liabilities 363 457
Total noncurrent liabilities 4,038 7,260
Commitments and contingencies
Stockholders' equity:    
Undesignated preferred stock, $0.001 par value, 10,000 shares authorized, no shares issued and outstanding 0
Common stock, $0.001 par value: Authorized shares — 50,000 issued and outstanding shares — 24,636 and 23,874 at January 1, 2022 and January 2, 2021, respectively 25 24
Additional paid-in capital 199,073 193,173
Treasury stock, 5,087 shares at both January 1, 2022 and January 2, 2021 (29,551) (29,551)
Accumulated other comprehensive income 578 640
Accumulated deficit (36,110) (62,730)
Total stockholders' equity 134,015 101,556
Total liabilities and stockholders' equity $ 157,769 $ 127,238