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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
9 Months Ended
Oct. 03, 2021
Sep. 27, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 583,267 $ 815,362
Adjustments to reconcile net income to net cash provided by operating activities-    
Depreciation and amortization 173,799 140,588
Amortization of debt issuance cost included in interest expense 55,555 3,882
Deferred taxes 58,000 (10,000)
Payment on in-kind interest 0 39,368
Impairment of assets held for sale 0 100,000
Changes in operating assets and liabilities -    
Receivables (12,721) (6,365)
Inventory (8,867) (1,186)
Prepaid expenses and other current assets (29,195) 6,303
Accounts payable 148,520 70,999
Unearned vendor rebate 0 (3,668)
Accrued expenses (116,136) 681
Income taxes payable 79,110 233,000
Net cash provided by operating activities 931,332 1,388,964
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (85,821) (57,736)
Proceeds on notes due from related entity 0 104,000
Net cash provided by (used in) investing activities (85,821) 46,264
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from long-term debt 3,107,100 77,500
Principal payments on long-term debt (3,113,521) (377,566)
Payment of debt issuance costs (49,699) 0
Payment of deferred offering costs (31,823) 0
Net cash used in financing activities (87,943) (300,066)
CHANGE IN CASH 757,568 1,135,162
CASH, BEGINNING OF PERIOD 1,321,244 258,101
CASH, END OF PERIOD 2,078,812 1,393,263
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for interest 127,800 93,096
Transfer of property and equipment to assets held for sale 0 189,640
Cash paid for Income taxes $ 88,006 $ 0