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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 28, 2025
Dec. 28, 2024
Current assets:    
Cash and cash equivalents $ 6,778 $ 2,387
Accounts receivable, net 7,137 5,951
Receivable from related party 2,893 2,443
Inventories 8,435 10,817
Prepaid expenses and other current assets 1,625 1,964
Total current assets 26,868 23,562
Property and equipment, net 40 115
Intangible assets, net 1,144 1,307
Goodwill 965 965
Operating lease right-of-use assets, net 1,295 1,792
Other long-term assets 1,273 1,394
Total assets 31,585 29,135
Current liabilities:    
Accounts payable 5,314 6,985
Payable to related party 435 609
Accrued compensation 1,861 1,672
Accrued expenses 584 477
Convertible note payable, current 0 1,734
Other current liabilities 2,101 1,812
Deferred revenue, current 2,269 2,176
Operating lease liabilities, current 1,145 1,094
Total current liabilities 13,709 16,559
Long-term liabilities:    
Deferred revenue 7,587 8,350
Operating lease liabilities 248 811
Convertible note payable 3,675 1,004
Other long-term liabilities 307 314
Total liabilities 25,526 27,038
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Common stock, $0.01 par value: Authorized: 63,500,000 shares; Issued and outstanding 16,814,713 as of June 28, 2025 and 16,636,380 shares as of December 28, 2024 174 174
Additional paid-in capital 90,587 89,881
Accumulated other comprehensive income (loss) (13) 51
Accumulated deficit (90,689) (88,009)
Total stockholders’ equity 6,059 2,097
Total liabilities and stockholders' equity 31,585 29,135
Series B convertible preferred stock    
Stockholders’ equity:    
Preferred stock, $0.01 par value Authorized: 2,000,000 shares; Issued and outstanding 600,000 shares of Series B convertible preferred stock as of June 28, 2025 and 0 as of December 28, 2024, respectively (liquidation preference of $6.1 million as of June 28, 2025) $ 6,000 $ 0