v3.19.3
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 28, 2019
Sep. 29, 2018
Operating activities    
Net loss $ (6,461) $ (409)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 4,572 4,412
Amortization of intangible assets 75 140
Deferred income taxes (1,176) 189
Share-based compensation expense 1,955 1,704
Stock awards issued for non-employee director service 13 11
Amortization of deferred financing costs 2 3
Changes in operating assets and liabilities:    
Accounts receivable (622) (562)
Inventory 1,927 2,702
Other current assets (731) (1,833)
Other non-current assets 775 (24)
Accounts payable and accrued expenses 3,874 5,492
Other current liabilities (280) (1,197)
Right-of-Use Obligation - Operating Leases - Current 1,573  
Right-of-Use Obligation - Operating Leases - Long-term (1,332)  
Other non-current liabilities 163 275
Net cash provided by operating activities 4,327 10,903
Investing activities    
Additions to property and equipment (4,686) (4,328)
Proceeds from sale of property and equipment   1
Net cash used in investing activities (4,686) (4,327)
Financing activities    
Borrowings from revolving loan payable 11,514 3,246
Payments made on revolving loan payable (11,514) (3,246)
Proceeds from notes payable 162  
Payments on capital leases (453)  
Payments on capital leases   (445)
Statutory tax withholding payment for share-based compensation (290) (430)
Proceeds from exercise of stock options 99  
Payment of liabilities related to financing activities   (100)
Preferred stock dividends paid (80) (120)
Net cash used in financing activities (562) (1,095)
Effect of exchange rate changes on cash (2) (31)
Net change in cash and cash equivalents (923) 5,450
Cash and cash equivalents, beginning of period 2,031 2,850
Cash and cash equivalents, end of period 1,108 8,300
Supplemental disclosure of non-cash investing and financing activities:    
Right-of-use financed asset acquired 749  
Accrued asset purchases 1,200 744
Fixed asset purchased through note payable 1,684  
Supplemental disclosure of cash flow information:    
Cash paid during the period for income taxes 85 63
Cash paid during the period for interest $ 1,385 $ 1,229

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