Cash Flow

v3.24.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Operating activities    
Net loss $ (25,183) $ (2,137)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization expense 13,436 12,596
Amortization of intangible assets 33 28
Share-based compensation expense 8,967 8,158
Stock awards issued for non-employee director service 31 17
Stock awards related to officers and directors stock purchase plan from payroll deferral 7  
Gain from disposition of assets (70) (75)
Amortization of deferred financing costs 49 49
Changes in operating assets and liabilities:    
Accounts receivable (1,063) (3,185)
Inventory 31,666 11,616
Other current assets (355) 1
Other non-current assets 261 (199)
Accounts payable and accrued expenses (19,352) 31,208
Other current liabilities (465) 386
Right-of-use obligation - operating leases - current 1,259 613
Right-of-use obligation - operating leases - long-term (772) (723)
Other non-current liabilities 93 (488)
Net cash provided by operating activities 8,542 57,865
Investing activities    
Additions to property and equipment (18,146) (7,380)
Payments for intangible assets (76)  
Proceeds from sale of property and equipment 92 83
Net cash used in investing activities (18,130) (7,297)
Financing activities    
Borrowings from revolving loan payable 168 159
Payments made on revolving loan payable (168) (159)
Payments on finance leases (3,243) (3,592)
Repurchase of treasury stock   (2,151)
Net proceeds from issuance of common stock for ESPP 359 483
Statutory tax withholding payment for share-based compensation (461)  
Proceeds from exercise of stock options   2,604
Net cash used in financing activities (3,345) (2,656)
Effect of exchange rate changes on cash 87  
Net change in cash and cash equivalents (12,846) 47,912
Cash and cash equivalents, beginning of period 50,951 18,767
Cash and cash equivalents, end of period 38,105 66,679
Supplemental disclosure of non-cash investing and financing activities:    
Right-of-use operating asset acquired 12,857  
Right-of-use finance asset acquired   784
Accrued asset purchases 907 658
Share-based compensation expense capitalized in property and equipment 561 589
Supplemental disclosure of cash flow information:    
Cash paid during the period for income taxes 48 180
Cash paid during the period for interest 896 1,042
Cash received during the period for interest $ 1,136 $ 1,365

Source

10-Q Filing
PDF
XBRL
ZIP XLS