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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 03, 2022
Jan. 02, 2022
Current assets:    
Cash and cash equivalents $ 8,343 $ 11,402
Accounts receivable 6,506 5,649
Inventory, net 48,575 22,176
Assets for recovery 5,391 3,754
Income tax refund receivable   748
Prepaids and other current assets 4,200 5,364
Total current assets 73,015 49,093
Restricted cash 506 506
Property and equipment, net 4,027 3,231
Goodwill 35,430 35,430
Tradename 18,509 18,509
Intangible assets, net 2,691 2,244
Lease right-of-use assets 31,788  
Other noncurrent assets 6,083 4,763
Total assets 172,049 113,776
Current liabilities:    
Accounts payable 8,430 4,227
Income taxes payable 2,097  
Accrued expenses and other current liabilities 29,214 21,948
Returns reserve 14,237 9,731
Stored-value card liability 8,102 7,240
Lease liabilities, current 3,708  
Total current liabilities 65,788 43,146
Revolving line of credit 15,000 25,000
Lease liabilities, noncurrent 28,757  
Other noncurrent liabilities 79 1,108
Total liabilities 109,624 69,254
Commitments and Contingencies (Note 7)
Stockholders' equity:    
Preferred stock: $0.001 par value, 10,000,000 shares authorized, and no shares issued or outstanding as of July 3, 2022 and January 2, 2022.
Common stock: $0.001 par value, 250,000,000 shares authorized, and 38,931,050 and 38,421,124 shares issued and outstanding as of July 3, 2022 and January 2, 2022, respectively 39 38
Additional paid-in capital 231,940 222,080
Accumulated deficit (169,554) (177,596)
Total stockholders' equity 62,425 44,522
Total liabilities and stockholders' equity $ 172,049 $ 113,776