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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 29, 2025
Dec. 28, 2024
Current assets:    
Cash and cash equivalents $ 7,244 $ 2,387
Accounts receivable, net 6,680 5,951
Receivable from related party 2,706 2,443
Inventories 10,142 10,817
Prepaid expenses and other current assets 2,357 1,964
Total current assets 29,129 23,562
Property and equipment, net 75 115
Intangible assets, net 1,223 1,307
Goodwill 965 965
Operating lease right-of-use assets, net 1,546 1,792
Other long-term assets 1,298 1,394
Total assets 34,236 29,135
Current liabilities:    
Accounts payable 6,048 6,985
Payable to related party 660 609
Accrued compensation 2,015 1,672
Accrued expenses 969 477
Convertible note payable, current 0 1,734
Other current liabilities 2,045 1,812
Deferred revenue, current 2,090 2,176
Operating lease liabilities, current 1,120 1,094
Total current liabilities 14,947 16,559
Long-term liabilities:    
Deferred revenue 7,968 8,350
Operating lease liabilities 535 811
Convertible note payable 3,644 1,004
Other long-term liabilities 290 314
Total liabilities 27,384 27,038
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Common stock, $0.01 par value: Authorized: 30,000,000 shares; Issued and outstanding 16,789,027 shares as of March 29, 2025 and December 28, 2024 174 174
Additional paid-in capital 90,344 89,881
Accumulated other comprehensive income 29 51
Accumulated deficit (89,695) (88,009)
Total stockholders’ equity 852 2,097
Total liabilities and stockholders’ equity 34,236 29,135
Series B convertible preferred stock    
Long-term liabilities:    
Series B convertible preferred stock, $0.01 par value $ 6,000 $ 0