Cash Flow

v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Apr. 04, 2026
Mar. 29, 2025
Operating activities    
Net loss $ (1,940) $ (15,283)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization expense 4,265 5,482
Amortization of intangible assets 8 13
Noncash interest expense 127 0
Share-based compensation expense 1,656 2,872
Stock awards issued for non-employee director service 12 11
Gain on sale of subsidiary (2,292) 0
Amortization of deferred financing costs 122 16
Changes in operating assets and liabilities:    
Accounts receivable (1,271) (4,112)
Inventory 4,138 (3,853)
Other current assets (582) (269)
Other non-current assets (904) 35
Accounts payable and accrued expenses 5,102 19,975
Other current liabilities 425 488
Right-of-use obligation - operating leases - current 364 189
Right-of-use obligation - operating leases - long-term (541) (186)
Other non-current liabilities (1,428) 124
Net cash provided by operating activities 7,261 5,505
Investing activities    
Additions to property and equipment (2,099) (2,116)
Proceeds from sale of subsidiary 300 0
Net cash used in investing activities (1,799) (2,116)
Financing activities    
Borrowings from revolving loan payable 73 68
Payments made on revolving loan payable (73) (68)
Payments on finance leases (720) (954)
Net proceeds from issuance of common stock for ESPP 0 96
Proceeds from issuance of common stock 8,000 0
Payment of issuance costs - common stock (36) 0
Statutory tax withholding payment for share-based compensation (77) (396)
Net cash provided by (used in) financing activities 7,167 (1,254)
Effect of exchange rate changes on cash (594) 0
Net change in cash and cash equivalents 12,035 2,135
Cash and cash equivalents, beginning of period 25,821 36,397
Cash and cash equivalents, end of period 37,856 38,532
Supplemental disclosure of non-cash investing and financing activities:    
Right-of-use operating asset acquired 2,407 0
Accrued asset purchases 435 526
Share-based compensation expense capitalized in property and equipment 93 294
Supplemental disclosure of cash flow information:    
Cash received during the period for income taxes 8 0
Cash paid during the period for interest 0 256
Cash received during the period for interest $ 156 $ 259

Source

10-Q Filing
PDF
XBRL
ZIP