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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 02, 2023
Jan. 01, 2023
Current assets:    
Cash and cash equivalents $ 5,947 $ 10,219
Accounts receivable 3,111 3,908
Inventory, net 46,232 43,186
Assets for recovery 4,749 3,890
Income tax refund receivable 3,459 4,078
Prepaids and other current assets 4,104 3,738
Total current assets 67,602 69,019
Property and equipment, net 4,134 4,391
Goodwill 35,430 35,430
Tradename 18,509 18,509
Intangible assets, net 3,212 3,090
Lease right-of-use assets 31,119 32,514
Other noncurrent assets 4,696 4,251
Total assets 164,702 167,204
Current liabilities:    
Accounts payable 9,235 5,320
Accrued expenses and other current liabilities 18,394 17,976
Returns reserve 11,998 9,066
Stored-value card liability 12,356 10,828
Lease liabilities, current 5,054 4,456
Total current liabilities 57,037 47,646
Revolving line of credit 15,000 25,000
Lease liabilities, noncurrent 27,187 29,042
Other noncurrent liabilities 804 623
Total liabilities 100,028 102,311
Commitments and Contingencies (Note 7)
Stockholders' equity:    
Preferred stock: $0.001 par value, 10,000,000 shares authorized, and no shares issued or outstanding
Common stock: $0.001 par value, 250,000,000 shares authorized; and 40,140,911 and 39,259,328 shares issued and outstanding as of July 2, 2023 and January 1, 2023, respectively 40 39
Additional paid-in capital 246,720 238,725
Accumulated deficit (182,086) (173,871)
Total stockholders' equity 64,674 64,893
Total liabilities and stockholders' equity $ 164,702 $ 167,204