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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Operating activities    
Net loss $ (1,606) $ (3,891)
Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities:    
Depreciation and amortization 558 344
Net amortization (accretion) of investment premiums and discounts (83) (61)
Amortization of intangible assets 34 34
Equity-based compensation 761 1,581
Straight-line rent adjustment and amortization of lease incentives (15) (249)
(Gain) loss on disposal of fixed assets 523 (65)
Deferred income taxes 299 197
Changes in operating assets and liabilities (7,006) (21,491)
Total adjustments (4,929) (19,710)
Net cash used in operating activities (6,535) (23,601)
Investing activities    
Purchase of investments (7,099) (1,989)
Proceeds from sales and maturities of investments 8,287 14,095
Proceeds from sales of property and equipment 0 65
Purchase of leasehold improvements and equipment (566) (4,005)
Net cash provided by investing activities 622 8,166
Financing activities    
Proceeds from issuance of common stock 462 835
Payment of acquisition-related contingent consideration 0 (250)
Taxes paid related to net share settlement (144) (1,274)
Net cash provided by (used in) financing activities 318 (689)
Effect of exchange rate changes on cash and cash equivalents (96) 10
Net decrease in cash, cash equivalents and restricted cash (5,691) (16,114)
Cash, cash equivalents and restricted cash at beginning of period 52,141 69,690
Cash, cash equivalents and restricted cash at end of period $ 46,450 $ 53,576