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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Apr. 02, 2016
Jan. 02, 2016
[1]
Current assets:    
Cash and cash equivalents $ 10,514 $ 9,995
Accounts receivable, net of allowance for doubtful accounts of $143 as of April 2, 2016 and $140 as of January 2, 2016 9,297 9,282
Inventories 11,142 11,106
Prepaid expenses and other current assets 425 386
Total current assets 31,378 30,769
Property and equipment, net 1,055 1,104
Intangible assets, net 264 268
Goodwill 533 533
Deferred income taxes 8,985 8,985
Other long-term assets 148 164
Total assets 42,363 41,823
Current liabilities:    
Accounts payable 2,696 2,223
Accrued compensation 1,283 1,572
Accrued expenses 1,635 1,722
Accrued warranty 610 603
Deferred revenue 1,311 1,311
Total current liabilities 7,535 7,431
Long-term liabilities:    
Other long-term liabilities 639 704
Total liabilities 8,174 8,135
Stockholders’ equity:    
Common stock, $0.01 par value: Authorized: 30,000,000 shares; Issued and outstanding 10,061,089 and 10,009,408 shares as of April 2, 2016 and as of January 2, 2016, respectively 111 111
Additional paid-in capital 38,386 37,986
Accumulated deficit (4,308) (4,409)
Total stockholders’ equity 34,189 33,688
Total liabilities and stockholders’ equity $ 42,363 $ 41,823
[1] Derived from the audited consolidated financial statements included in the Annual Report on Form 10-K filed with the SEC for the year ended January 2, 2016.