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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10 - K ( Mark One ) ✔ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITY EXCHANGE ACT OF 1934 For the fiscal year ended January 2 , 2021 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITY EXCHANGE ACT OF 1934 For the transition period from Title of each class Common Stock , par value $ 0.01 per share to Commission File Number 0-27598 IRIDEX CORPORATION ( Exact name of Registrant as specified in its charter ) Delaware ( State or other jurisdiction of incorporation or organization ) 1212 Terra Bella Avenue Mountain View , CA ( Address of principal executive offices ) ( 650 ) 940-4700 ( Registrant's telephone number , including area code ) ( I.R.S. Employer Identification No. ) 94043 ( Zip Code ) Securities registered pursuant to Section 12 ( b ) of the Act : Trading Symbol IRIX Securities registered pursuant to Section 12 ( g ) of the Act : None . 77-0210467 Indicate by check mark if the Registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act of 1933. Yes No Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Securities Exchange Act of 1934 ( the " Exchange Act " ) . Yes No Name of Exchange on Which Registered Nasdaq Global Market Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Exchange Act during the preceding 12 months ( or for such shorter period that the Registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( § 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes No Indicate by check mark whether the Registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company or an emerging growth company . See the definition of " large accelerated filer " , " accelerated filer " , " smaller reporting company " and " emerging growth company " in Rule 12b - 2 of the Exchange Act .: Large accelerated filer Accelerated filer Non - accelerated filer Smaller reporting company As of March 15 , 2021 , Registrant had 15,521,058 shares of common stock outstanding . Emerging growth company If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Indicate by check mark whether the Registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes No DOCUMENTS INCORPORATED BY REFERENCE | ✓ The aggregate market value of the voting common equity held by non - affiliates of the Registrant was approximately $ 16,966,496 as of June 26 , 2020 , the last business day of the Registrant's most recently completed second fiscal quarter , based on the closing price reported for such date on the Nasdaq Global Market . The registrant did not have any non voting common equity outstanding . For purposes of this disclosure , shares of common stock held by each executive officer and director and by each holder of 5 % or more of the outstanding shares of common stock have been excluded from this calculation , because such persons may be deemed to be affiliates . This determination of affiliate status is not necessarily a conclusive determination for other purposes . Certain parts of the Proxy Statement for the Registrant's 2021 Annual Meeting of Stockholders ( the " Proxy Statement " ) are incorporated by reference into Part III of this Annual Report on Form 10 - K . U