Note 5 - Property and Equipment

9 Months Ended

Oct. 02, 2021

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

5.    Property and Equipment

Property and equipment are stated at cost and are depreciated on the straight-line method at rates calculated to provide for retirement of assets at the end of their estimated useful lives. The annual rates are 20% for computer hardware and software as well as furniture and office equipment. Leasehold improvements are amortized over the shorter of the estimated life of the asset or the lease term.

Property and equipment are comprised of the following:

	October 2, 2021		January 2, 2021
Computers and systems	$	4,067	$	4,686
Equipment and furniture		86		264
Leasehold improvements		149		235
		4,302		5,185
Less: accumulated depreciation and amortization		2,207		3,107
Property and equipment, net	$	2,095	$	2,078

The Company periodically writes off fully depreciated and amortized assets.  The Company wrote off fully depreciated and amortized assets of $2,384 and $1,529 during the thirty-nine week periods ended October 2, 2021 and September 26, 2020, respectively. Depreciation and amortization expense of property and equipment for the thirty-nine week periods ended October 2, 2021 and September 26, 2020 was $775 and $793, respectively. Depreciation and amortization expense of property and equipment for the thirteen week periods ended October 2, 2021 and September 26, 2020 was $250 and $292, respectively.