Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Shareholders' Equity

v3.20.1
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance (in shares) at Jan. 01, 2017 16,510,180      
Balance at Jan. 01, 2017 $ 391 $ 264,928 $ (238,832) $ 26,487
Conversion of restricted stock units (in shares) 482,447      
Conversion of restricted stock units $ 5 (5)
Stock-based compensation (note 7)   432   432
Net loss for the year (7,845) (7,845)
Issuance of common shares from rights offering (note 6) (in shares)      
Issuance of common shares from rights offering (note 6)      
Treasury stocks (note 6) (in shares) [1]      
Treasury stocks (note 6) [1]      
Balance (in shares) at Dec. 31, 2017 16,992,627      
Balance at Dec. 31, 2017 $ 396 265,355 (246,677) 19,074
Stock-based compensation (note 7)   407   407
Net loss for the year (448) (448)
Modified retrospective adoption of ASC 606 – Revenue from contracts with customers (note 4) 320 320
RSU vested and stock options exercised (in shares) 418,986      
RSU vested and stock options exercised $ 4 357 361
Issuance of common shares from rights offering (note 6) (in shares) 5,777,768      
Issuance of common shares from rights offering (note 6) $ 58 12,529 12,587
Treasury stocks (note 6) (in shares) [1]      
Treasury stocks (note 6) [1]      
Balance (in shares) at Dec. 30, 2018 23,189,381      
Balance at Dec. 30, 2018 $ 458 278,648 (246,805) 32,301
Conversion of restricted stock units 4 42 46
Stock-based compensation (note 7)   776   776
Net loss for the year (5,995) (5,995)
RSU vested and stock options exercised (in shares) 385,153      
Issuance of common shares from rights offering (note 6) (in shares) 4,642,030      
Issuance of common shares from rights offering (note 6) $ 46 13,998 14,044
Treasury stocks (note 6) (in shares) [1] (21,264)      
Treasury stocks (note 6) [1] (75) (75)
Balance (in shares) at Dec. 29, 2019 28,195,300      
Balance at Dec. 29, 2019 $ 508 $ 293,389 $ (252,800) $ 41,097
[1] Treasury stock represents vested restricted stock awards issued into shares of common stock withheld by the Company which employees forfeited to address the corresponding tax withholding during the year ended December 29, 2019. No Treasury stock was outstanding as at December 29, 2019 as it was then issued based on vested restricted stock units during the year ended December 29, 2019. No Treasury stock was issued or outstanding for the years ended December 30, 2018 or December 31, 2017.