IRIDEX Corporation Condensed Consolidated Balance Sheets (In thousands, except for share data) | |||||
April 2, | January 1, | ||||
2011 | 2011 | ||||
Assets | (unaudited) | ||||
Current Assets: | |||||
Cash and cash equivalents | $8,569 | $ 9,014 | |||
Accounts receivable, net | 8,119 | 7,526 | |||
Inventories, net | 9,197 | 9,212 | |||
Prepaid expenses and other current assets | 601 | 620 | |||
Total current assets | 26,486 | 26,372 | |||
Property and equipment, net | 325 | 360 | |||
Other intangible assets, net | 1,749 | 1,797 | |||
Goodwill | 473 | 473 | |||
Other long-term assets | 271 | 218 | |||
Total assets | $29,304 | $ 29,220 | |||
Liabilities and Stockholders' Equity | |||||
Current Liabilities: | |||||
Accounts payable | $ 2,007 | $ 1,981 | |||
Accrued compensation | 2,070 | 2,304 | |||
Accrued expenses | 1,654 | 1,822 | |||
Accrued warranty | 837 | 956 | |||
Deferred revenue | 2,222 | 2,134 | |||
Total current liabilities | 8,790 | 9,197 | |||
Long Term Liabilities: | |||||
Other long-term liabilities | 605 | 596 | |||
Total liabilities | 9,395 | 9,793 | |||
Stockholders' Equity: | |||||
Convertible preferred stock | 5 | 5 | |||
Common Stock | 91 | 89 | |||
Additional paid-in capital | 41,408 | 41,168 | |||
Accumulated other comprehensive loss | (228) | (205) | |||
Treasury stock, at cost | (733) | (430) | |||
Accumulated deficit | (20,634) | (21,200) | |||
Total stockholders' equity | 19,909 | 19,427 | |||
Total liabilities and stockholders' equity | $ 29,304 | $ 29,220 | |||
