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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 03, 2022
Jan. 02, 2022
Current assets:    
Cash and cash equivalents $ 19,433 $ 11,402
Accounts receivable 7,861 5,649
Inventory, net 42,068 22,176
Asset for recovery 6,682 3,754
Income tax refund receivable   748
Prepaids and other current assets 5,095 5,364
Total current assets 81,139 49,093
Restricted cash 506 506
Property and equipment, net 3,885 3,231
Goodwill 35,430 35,430
Tradename 18,509 18,509
Intangible assets, net 2,452 2,244
Lease right-of-use assets 30,914  
Other noncurrent assets 5,365 4,763
Total assets 178,200 113,776
Current liabilities:    
Accounts payable 11,343 4,227
Accrued expenses and other current liabilities 38,724 21,948
Returns reserve 20,005 9,731
Stored-value card liability 7,292 7,240
Lease liabilities, current 3,521  
Total current liabilities 80,885 43,146
Revolving line of credit 15,000 25,000
Lease liabilities, noncurrent 28,467  
Other noncurrent liabilities 64 1,108
Total liabilities 124,416 69,254
Commitments and Contingencies (Note 6)
Stockholders' equity:    
Preferred stock: $0.001 par value, 10,000,000 shares authorized and no shares issued or outstanding as of April 3, 2022 and January 2, 2022.
Common stock: $0.001 par value, 250,000,000 shares authorized and 38,830,130 and 38,421,124 shares issued and outstanding as of April 3, 2022 and January 2, 2022, respectively 39 38
Additional paid-in capital 229,298 222,080
Accumulated deficit (175,553) (177,596)
Total stockholders' equity 53,784 44,522
Total liabilities and stockholders' equity $ 178,200 $ 113,776