XML 13 R2.htm IDEA: XBRL DOCUMENT v3.23.1
UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
Apr. 02, 2023
Jan. 01, 2023
Current assets    
Cash and cash equivalents $ 70 $ 0
Accounts receivable (net of allowance for credit losses of 558, respectively 62,540 66,285
Prepaid expenses 3,202 2,418
Other current assets 6,569 7,459
Total current assets 72,381 76,162
Property and equipment, net 1,249 2,081
Other assets    
Deposits 2,616 2,616
Other assets, net 5,207 4,411
Deferred income taxes, net 7,388 2,196
Right-of-use asset - operating leases 3,995 4,462
Intangible assets, net 23,410 47,552
Goodwill 55,635 55,193
Other Assets, Total 98,251 116,430
Total assets 171,881 194,673
Current liabilities    
Long-term debt, current portion 4,000 4,000
Accrued interest 171 273
Accounts payable 551 587
Accrued payroll and expenses 16,157 19,171
Contingent consideration, current portion 1,102 1,081
Lease liability, current portion 1,703 1,842
Other current liabilities 1,000 1,000
Income taxes payable 302 253
Total current liabilities 24,986 28,207
Line of credit (net of deferred finance fees of $219 and $259 respectively) 21,697 22,303
Long-term debt, less current portion 35,000 36,000
Convertible note 4,368 4,368
Lease liability, less current portion 2,662 3,049
Other long-term liabilities 10 10
Total liabilities 88,723 93,937
Commitments and contingencies
Preferred stock,$0.01 par value per share, 500,000 shares authorized, -0- shares issued and outstanding 0 0
Common stock, $0.01 par value per share; 19,500,000 shares authorized, 10,806,371 and 10,772,515 shares issued and outstanding, respectively, net of treasury stock, at cost,1,845, respectively. 70 70
Additional paid in capital 67,509 67,003
Retained earnings 15,579 33,663
Total stockholders’ equity 83,158 100,736
Total liabilities and stockholders’ equity $ 171,881 $ 194,673