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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 28, 2024
Dec. 30, 2023
Current assets:    
Cash and cash equivalents $ 2,387 $ 7,034
Accounts receivable, net 5,951 6,727
Receivable from related party 2,443 2,927
Inventories 10,817 9,906
Prepaid expenses and other current assets 1,964 856
Total current assets 23,562 27,450
Property and equipment, net 115 351
Intangible assets, net 1,307 1,642
Goodwill 965 965
Operating lease right-of-use assets, net 1,792 2,632
Other long-term assets 1,394 1,396
Total assets 29,135 34,436
Current liabilities:    
Accounts payable 6,985 4,499
Payable to related party 609 228
Accrued compensation 1,672 1,619
Accrued expenses 477 1,996
Convertible note payable, current 1,734 0
Other current liabilities 1,812 1,233
Deferred revenue, current 2,176 2,404
Operating lease liabilities, current 1,094 995
Total current liabilities 16,559 12,974
Long-term liabilities:    
Deferred revenue 8,350 10,025
Operating lease liabilities 811 1,751
Convertible note payable 1,004 0
Other long-term liabilities 314 164
Total liabilities 27,038 24,914
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Preferred stock, $0.01 par value, 2,000,000 shares authorized, no shares issued and outstanding 0 0
Issued and outstanding 16,636,380 shares as of December 28, 2024 and 16,252,813 as of December 30, 2023 174 172
Additional paid-in capital 89,881 88,444
Accumulated other comprehensive income (loss) 51 (52)
Accumulated deficit (88,009) (79,042)
Total stockholders’ equity 2,097 9,522
Total liabilities and stockholders’ equity $ 29,135 $ 34,436