Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 02, 2021
Dec. 28, 2019
Current assets:    
Cash and cash equivalents $ 35,802 $ 2,273
Accounts receivable, net 6,318 2,669
Inventory 89,316 52,500
Other current assets 7,939 4,931
Total current assets 139,375 62,373
Property and equipment, net 14,742 9,650
Right-of-use - assets - operating leases, net 17,507 4,544
Right-of-use - assets - finance leases, net 12,457 9,011
Other non-current assets 2,892 2,368
Total assets 186,973 87,946
Current liabilities:    
Accounts payable 45,302 44,433
Accrued expenses 18,190 9,519
Customer deposits 630 652
Notes payable, current   729
Right-of-use - obligation - operating, current 2,527 1,368
Right-of-use - obligation - finance, current 1,583 640
Other current liabilities 3,747 2,605
Total current liabilities 71,979 59,946
Notes payable, non-current   1,060
Right-of-use - obligation - operating, non-current 16,046 3,419
Right-of-use - obligation - finance, non-current 11,428 8,627
Other non-current liabilities 4,031 2,514
Total liabilities 103,484 75,566
Commitments and contingencies
Stockholders’ equity:    
Series A convertible preferred stock, $0.001 par value; $1.45 per share liquidation value or aggregate of $6,017; 4,150 shares authorized; 0 and 2,771 shares issued and outstanding as of January 2, 2021 and December 28, 2019 0 3
Common stock, $0.001 par value; 100,000 shares authorized; 48,091 and 36,167 shares issued and outstanding as of January 2, 2021 and December 28, 2019 (of which 2,525 are treasury stock) 51 38
Treasury stock (7,146) (7,146)
Additional paid-in capital 260,260 187,147
Accumulated other comprehensive (loss) income (215) 214
Accumulated deficit (169,461) (167,876)
Total stockholders’ equity 83,489 12,380
Total liabilities and stockholders’ equity $ 186,973 $ 87,946