XML 19 R8.htm IDEA: XBRL DOCUMENT v3.19.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 30, 2019
Mar. 31, 2018
Dec. 29, 2018
Cash flows from operating activities:      
Net loss $ (6,895) $ (4,901) $ 23,800
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization expense 245 166  
Stock-based compensation expense 57 27  
Change in fair value of preferred stock warrant liability (273) 30  
Non-cash interest expense 115 60  
Net amortization of premiums on marketable securities   9  
Unrealized foreign currency transaction (gains) losses 160 (143)  
Changes in operating assets and liabilities:      
Accounts receivable (1,746) (1,021)  
Inventory (2,468) (1,178)  
Prepaid expenses and other current assets 417 (143)  
Accounts payable 758 (843)  
Accrued expenses and other current liabilities 2,394 1,692  
Deferred revenue 57 (4)  
Deferred rent (87) (82)  
Net cash used in operating activities (7,266) (6,331)  
Cash flows from investing activities:      
Purchases of property and equipment (3) (40)  
Proceeds from sales and maturities of marketable securities   5,000  
Net cash provided by (used in) investing activities (3) 4,960  
Cash flows from financing activities:      
Repayments of long-term debt   (892)  
Payments of initial public offering costs (705)    
Proceeds from issuance of common stock upon exercise of stock options 8 12  
Net cash used in financing activities (697) (880)  
Effect of exchange rate changes on cash, cash equivalents and restricted cash (60) 114  
Net decrease in cash, cash equivalents and restricted cash (8,026) (2,137)  
Cash, cash equivalents and restricted cash, beginning of period 20,741 12,436  
Cash, cash equivalents and restricted cash, end of period 12,715 10,299 $ 20,741
Supplemental disclosure of non-cash investing and financing activities:      
Transfers of inventory to property and equipment 407 342  
Purchases of property and equipment included in accounts payable 129 $ 4  
Deferred offering costs included in accounts payable and accrued expenses $ 1,134