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SEGMENT INFORMATION (Tables)
3 Months Ended
Mar. 30, 2024
SEGMENT INFORMATION  
Schedule of total assets by segment

Total Assets by Segment

 

As of

March 30, 2024

 

 

As of

December 30, 2023

 

 

 

(dollars in thousands)

 

Commercial

 

$8,799

 

 

$11,740

 

Government Services

 

 

4,221

 

 

 

3,780

 

Corporate

 

 

3,019

 

 

 

3,267

 

Consolidated

 

$16,039

 

 

$18,787

 

Segment Information

 

 

Commercial

 

 

Government Services

 

 

Corporate

 

 

Consolidated

 

For the three months ended March 30, 2024:

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$4,389

 

 

 

2,139

 

 

 

 

 

 

6,528

 

Gross profit

 

 

350

 

 

 

114

 

 

 

 

 

 

464

 

Gross profit margin

 

 

8.0%

 

 

5.3%

 

 

 

 

 

 

7.1%

SG&A

 

 

720

 

 

 

106

 

 

 

1,191

 

 

 

2,017

 

Operating profit (loss)

 

 

(370)

 

 

8

 

 

 

(1,191)

 

 

(1,553)

Other income, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

222

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(43)

Tax expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(22)

Net loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1,396)

 

 

Commercial

 

 

Government Services

 

 

Corporate

 

 

Consolidated

 

For the three months ended April 1, 2023:

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$11,835

 

 

 

1,358

 

 

 

 

 

 

13,193

 

Gross loss

 

 

(1,602)

 

 

(220)

 

 

 

 

 

(1,822)

Gross loss margin

 

 

(13.5)%

 

 

(16.2)%

 

 

 

 

 

 

(13.8)%

SG&A

 

 

2,746

 

 

 

136

 

 

 

1,534

 

 

 

4,416

 

Operating loss

 

 

(4,348)

 

 

(356)

 

 

(1,534)

 

 

(6,238)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other income, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(72)

Tax expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(22)

Net loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(6,329)