v3.19.2
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 29, 2019
Jun. 30, 2018
Operating activities    
Net loss $ (5,038) $ (229)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 3,040 2,993
Amortization of intangible assets 50 94
Deferred income taxes (559) 197
Share-based compensation expense 1,163 1,137
Stock awards issued for non-employee director service 7 7
Amortization of deferred financing costs 2 2
Changes in operating assets and liabilities:    
Accounts receivable (313) (163)
Inventory (2,926) 1,247
Other current assets (1,517) (1,270)
Other non-current assets 24 1
Accounts payable and accrued expenses 8,473 4,560
Other current liabilities 345 (929)
Right-of-Use Obligation - Operating Leases - Current 1,595  
Right-of-Use Obligation - Operating Leases - Long-term (1,530)  
Other non-current liabilities 134 194
Net cash provided by operating activities 2,950 7,841
Investing activities    
Additions to property and equipment (3,431) (2,940)
Net cash used in investing activities (3,431) (2,940)
Financing activities    
Borrowings from revolving loan payable 7,641 3,189
Payments made on revolving loan payable (7,641) (3,189)
Payments on capital leases (299)  
Payments on capital leases   (293)
Statutory tax withholding payment for share-based compensation (289) (430)
Payment of liabilities related to financing activities   (100)
Preferred stock dividends paid (80) (80)
Net cash used in financing activities (668) (903)
Effect of exchange rate changes on cash 1 (24)
Net change in cash and cash equivalents (1,148) 3,974
Cash and cash equivalents, beginning of period 2,031 2,850
Cash and cash equivalents, end of period 883 6,824
Supplemental disclosure of non-cash investing and financing activities:    
Accrued asset purchases 825 680
Supplemental disclosure of cash flow information:    
Cash paid during the period for income taxes 43 44
Cash paid during the period for interest $ 834 $ 869

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