XML 23 R6.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Operating activities    
Net loss $ (4,869) $ (8,769)
Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities:    
Depreciation and amortization 1,011 681
Amortization of intangible assets 68 68
Net accretion of investment premiums and discounts (243) (108)
Equity-based compensation 1,906 3,076
Straight-line rent adjustment and amortization of lease incentives 234 (554)
Deferred income taxes 811 183
(Gain) loss on disposal of equipment 523 (41)
Changes in operating assets and liabilities (53) (27,931)
Total adjustments 4,257 (24,626)
Net cash and cash equivalents used in operating activities (612) (33,395)
Investing activities    
Purchases of investments (36,590) (9,099)
Proceeds from sales and maturities of investments 24,841 23,029
Proceeds from sales of fixed assets 0 65
Purchases of leasehold improvements and equipment (1,497) (4,335)
Net cash and cash equivalents provided by (used in) investing activities (13,246) 9,660
Financing activities    
Net proceeds from issuance of common stock 462 838
Payment of acquisition-related contingent consideration 0 (250)
Taxes paid related to net share settlement (372) (1,563)
Net cash and cash equivalents provided by (used in) financing activities 90 (975)
Effect of exchange rate changes on cash and cash equivalents (111) (219)
Net decrease in cash, cash equivalents and restricted cash (13,879) (24,929)
Cash, cash equivalents and restricted cash at beginning of period 52,141 69,690
Cash, cash equivalents and restricted cash at end of period $ 38,262 $ 44,761