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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Nov. 27, 2022
Nov. 28, 2021
Cash flows from operating activities:    
Net loss $ (23,800) $ (47,918)
Adjustments to reconcile net loss to net cash used in operating activities:    
Impairment of indefinite-lived intangible assets and goodwill 1,300 32,057
Depreciation, amortization of intangibles, debt costs and right-of-use assets 7,237 10,959
Gain on sale of BreatheWay (2,108) 0
Stock-based compensation expense 1,893 1,306
Deferred taxes (13) (4,963)
(Gain) loss on disposal of property and equipment related to restructuring, net 0 (92)
Provision for expected credit losses 0 196
Net loss (gain) on disposal of property and equipment held and used 22 22
Other, net 86 (111)
Changes in current assets and current liabilities:    
Accounts receivable, net 12,483 4,541
Inventories (10,679) (9,770)
Prepaid expenses and other current assets (585) (1,784)
Accounts payable 11,730 15,148
Accrued compensation (4,636) (5,090)
Other accrued liabilities 2,777 1,163
Deferred revenue (188) 30
Net cash used in operating activities (4,481) (4,306)
Cash flows from investing activities:    
Proceeds from sale of BreatheWay, net 3,135 0
Purchases of property and equipment (6,182) (13,010)
Sale of Investment in non-public company 0 45,100
Proceeds from sales of property and equipment 0 1,082
Net cash (used in) provided by investing activities (3,047) 33,172
Cash flows from financing activities:    
Proceeds from sale of common stock 5,000 0
Payments on long-term debt (76) (41,426)
Proceeds from lines of credit 8,800 26,000
Payments on lines of credit (800) (13,000)
Taxes paid by Company for employee stock plans (209) (512)
Payments for debt issuance costs 0 (132)
Net cash provided by (used in) financing activities 12,715 (29,070)
Net increase (decrease) in cash and cash equivalents 5,187 (204)
Cash and cash equivalents, beginning of period 1,643 1,295
Cash and cash equivalents, end of period 6,830 1,091
Supplemental disclosure of non-cash investing and financing activities:    
Purchases of property and equipment on trade vendor credit $ 2,700 $ 1,105