Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Apr. 04, 2026	Jan. 03, 2026
Current assets:
Cash	$ 2,621	$ 2,922
Accounts receivable and contract assets, net of provision for credit losses of $1,229 at April 4, 2026 and $1,229 at January 3, 2026	85,155	81,243
Transit accounts receivable	6,669	8,017
Prepaid expenses and other current assets	7,130	7,704
Total current assets	101,575	99,886
Property, Plant, and Equipment, after Accumulated Depreciation, Depletion, and Amortization	6,809	7,265
Other assets:
Deposits	259	261
Deferred income taxes	6	6
Goodwill	22,147	22,147
Operating right-of-use asset	4,531	4,832
Total other assets	26,943	27,246
Total assets	135,327	134,397
Current liabilities:
Accounts payable and accrued expenses	10,157	9,649
Transit accounts payable	14,658	16,247
Accrued payroll and related costs	12,280	10,784
Finance lease payable	797	843
Income taxes payable	383	391
Operating lease liabilities	1,207	1,209
Deferred revenue	13,354	14,761
Total current liabilities	52,836	53,884
Finance lease payable, net of current position	191	380
Operating lease liabilities, net of current position	3,542	3,813
Borrowings under revolving credit facility	28,801	24,673
Total liabilities	91,043	88,423
Contingencies (note 15)
Stockholders’ equity:
Preferred stock, $1.00 par value; 5,000,000 shares authorized; no shares issued or outstanding	0	0
Common stock, $0.05 par value; 40,000,000 shares authorized; 18,025,584 shares issued and 7,024,377 shares outstanding at April 4, 2026 and 18,004,241 shares issued and 7,351,400 shares outstanding at January 3, 2026	901	900
Additional paid-in capital	123,542	122,244
Accumulated other comprehensive loss	(2,959)	(2,814)
Retained earnings	14,240	10,396
Treasury stock at cost, 11,001,207 shares at April 4, 2026, and 10,652,841 shares at January 3, 2026	(91,440)	(84,752)
Total stockholders’ equity	44,284	45,974
Total liabilities and stockholders’ equity	135,327	134,397
Income Tax Jurisdiction, Domestic Federal [Member]
Current liabilities:
Deferred income taxes, net	$ 5,673	$ 5,673

RCM TECHNOLOGIES, INC. 10-Q