Balance Sheet Components

6 Months Ended

Jul. 03, 2022

Balance Sheet Components

Balance Sheet Components

4.Balance Sheet Components

Property and Equipment, net

Property and equipment, net consisted of the following (in thousands):

	Estimated Useful Lives	July 3,		January 2,
	in Years	2022		2022
Leasehold improvements	3-8	$	3,380	$	3,502
Equipment	3-7		1,947		3,278
Furniture and fixtures	3-7		1,295		2,123
Construction in progress			675		107
Total property and equipment			7,297		9,010
Less: accumulated depreciation and amortization			(3,270)		(5,779)
Property and equipment, net		$	4,027	$	3,231

Depreciation and amortization of property and equipment for the three months ended July 3, 2022 and July 4, 2021 was $0.6 million and $0.3 million, respectively, and for the six months ended July 3, 2022 and July 4, 2021, was $1.0 million and $0.6 million, respectively.

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following (in thousands):

	July 3,		January 2,
	2022		2022
Accrued compensation and benefits	$	5,951	$	8,136
Accrued distributions payable to former Class P unit holders		—		2,648
Accrued marketing		6,429		3,621
Accrued inventory		9,611		2,928
Other		7,223		4,615
Accrued expenses and other current liabilities	$	29,214	$	21,948