Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 28, 2019
Dec. 29, 2018
Operating activities    
Net loss $ (31,548) $ (4,889)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 6,252 5,802
Amortization of intangible assets 100 185
Deferred income taxes 21,287 (446)
Share-based compensation expense 3,656 3,595
Stock awards issued for non-employee director service 19 14
Amortization of deferred financing costs 1 4
Loss from disposition of assets   1
Changes in operating assets and liabilities:    
Accounts receivable 1,058 (1,257)
Inventory (2,874) 4,605
Other current assets (1,527) (1,326)
Other non-current assets 166 150
Accounts payable and accrued expenses 9,953 742
Other current liabilities (99) (1,135)
Right-of-Use Obligation - Operating Leases - Current 1,364  
Right-of-Use Obligation - Operating Leases - Long-term (1,121)  
Other non-current liabilities 190 136
Net cash provided by operating activities 6,877 6,181
Investing activities    
Additions to property and equipment (6,160) (5,689)
Proceeds from sale of property and equipment 0 1
Net cash used in investing activities (6,160) (5,688)
Financing activities    
Borrowings from revolving loan payable 14,626 3,316
Payments made on revolving loan payable (14,626) (3,316)
Proceeds from notes payable 257  
Payment of notes payable (130)  
Payments on capital leases (670) (598)
Statutory tax withholding payment for share-based compensation (302) (430)
Proceeds from exercise of stock options 460 6
Payment of liabilities related to financing activities   (100)
Preferred stock dividends paid (80) (161)
Net cash used in financing activities (465) (1,283)
Effect of exchange rate changes on cash (10) (29)
Net change in cash and cash equivalents 242 (819)
Cash and cash equivalents, beginning of period 2,031 2,850
Cash and cash equivalents, end of period 2,273 2,031
Supplemental disclosure of non-cash investing and financing activities:    
Right-of-use operating asset acquired 1,098  
Right-of-use financed asset acquired 947  
Accrued asset purchases 720 1,008
Fixed asset purchased through note payable 1,919  
Supplemental disclosure of cash flow information:    
Cash paid during the period for income taxes 95 81
Cash paid during the period for interest $ 1,896 $ 1,606