Cash Flow

v3.25.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Operating activities    
Net loss $ (15,283) $ (6,478)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization expense 5,482 4,025
Amortization of intangible assets 13 8
Share-based compensation expense 2,872 2,582
Stock awards issued for non-employee director service 11 8
Stock awards related to officers and directors stock purchase plan from payroll deferral 0 1
Amortization of deferred financing costs 16 16
Changes in operating assets and liabilities:    
Accounts receivable (4,112) (1,524)
Inventory (3,853) 8,886
Other current assets (269) (1,907)
Other non-current assets 35 (504)
Accounts payable and accrued expenses 19,975 (1,808)
Other current liabilities 488 163
Right-of-use obligation - operating leases - current 189 957
Right-of-use obligation - operating leases - long-term (186) (817)
Other non-current liabilities 127 44
Net cash provided by operating activities 5,505 3,652
Investing activities    
Additions to property and equipment (2,116) (7,431)
Net cash used in investing activities (2,116) (7,431)
Financing activities    
Borrowings from revolving loan payable 68 61
Payments made on revolving loan payable (68) (61)
Payments on finance leases (954) (1,093)
Net proceeds from issuance of common stock for ESPP 96 202
Statutory tax withholding payment for share-based compensation (396) (323)
Net cash used in financing activities (1,254) (1,214)
Effect of exchange rate changes on cash 0 88
Net change in cash and cash equivalents 2,135 (4,905)
Cash and cash equivalents, beginning of period 36,397 50,951
Cash and cash equivalents, end of period 38,532 46,046
Supplemental disclosure of non-cash investing and financing activities:    
Right-of-use operating asset acquired 0 12,857
Accrued asset purchases 526 1,621
Share-based compensation expense capitalized in property and equipment 294 242
Supplemental disclosure of cash flow information:    
Cash paid during the period for income taxes 0 (8)
Cash paid during the period for interest 256 300
Cash received during the period for interest $ 259 $ 437

Source

10-Q Filing
PDF
XBRL
ZIP XLS