v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 28, 2026
Dec. 28, 2025
Current assets:    
Cash and cash equivalents $ 4,123 $ 2,661
Accounts receivable 2,734 1,712
Inventory, net 28,642 32,444
Assets for recovery 3,593 2,197
Income tax refund receivable, net 268 1,028
Prepaids and other current assets 3,686 3,606
Total current assets 43,046 43,648
Property and equipment, net 1,854 2,311
Goodwill 7,056 7,056
Tradename 18,509 18,509
Intangible assets, net 2,484 2,680
Lease right-of-use assets 13,154 14,521
Other noncurrent assets 571 639
Total assets 86,674 89,364
Current liabilities:    
Accounts payable 17,423 8,340
Accrued expenses and other current liabilities 14,157 17,411
Returns reserve 12,459 10,289
Stored-value card liability 17,666 18,231
Asset Based Revolving Credit Facility - current 10,082 14,390
Lease liabilities, current 7,259 6,402
Total current liabilities 79,046 75,063
Lease liabilities, noncurrent 8,104 10,389
Other noncurrent liabilities 1,026 898
Total liabilities 88,176 86,350
Commitments and Contingencies (Note 7)
Stockholders' equity (deficit):    
Preferred stock: $0.001 par value, 500,000 shares authorized, and no shares issued or outstanding
Common stock: $0.001 par value, 15,000,000 shares authorized; 3,011,528 and 2,971,729 shares issued and outstanding as of June 28, 2026 and December 28, 2025, respectively(1) [1] 43 43
Additional paid-in capital 267,614 266,557
Accumulated deficit (267,777) (262,204)
Treasury stock, at cost, 146,555 shares outstanding as of June 28, 2026 and December 28, 2025(1) [1] (1,382) (1,382)
Total stockholders' equity (deficit) (1,502) 3,014
Total liabilities and stockholders' equity (deficit) $ 86,674 $ 89,364
[1] Shares have been adjusted to reflect the 1-for-15 reverse stock split that became effective as of the opening of business on July 7, 2025. Refer to Note 8, Stockholders’ Equity (Deficit) in the accompanying Notes to the Condensed Consolidated Financial Statements for additional details.