XML 19 R6.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Operating activities    
Net loss $ (7,042,000) $ (10,345,000)
Adjustments to reconcile net loss to net cash and cash equivalents provided by (used in) operating activities:    
Depreciation and amortization 1,485,000 1,038,000
Net amortization (accretion) of investment premiums and discounts (528,000) (145,000)
Amortization of intangible assets 102,000 102,000
Equity-based compensation 2,940,000 3,393,000
Straight-line rent adjustment and amortization of lease incentives 253,000 (863,000)
(Gain) loss on disposal of fixed assets 519,000 (41,000)
Deferred income taxes 1,569,000 629,000
Changes in operating assets and liabilities 1,059,000 (34,693,000)
Total adjustments 7,399,000 (30,580,000)
Net cash and cash equivalents provided by (used in) operating activities 357,000 (40,925,000)
Investing activities    
Purchases of investments (51,643,000) (10,453,000)
Proceeds from sales and maturities of investments 37,109,000 31,887,000
Proceeds from sales of fixed assets 7,000 65,000
Purchases of leasehold improvements and equipment (1,932,000) (4,940,000)
Net cash and cash equivalents provided by (used in) investing activities (16,459,000) 16,559,000
Financing activities    
Net proceeds from issuance of common stock 964,000 1,365,000
Payment of acquisition-related contingent consideration 0 (250,000)
Taxes paid related to net share settlement (475,000) (1,683,000)
Net cash and cash equivalents provided by (used in) financing activities 489,000 (568,000)
Effect of exchange rate changes on cash 229,000 (234,000)
Net decrease in cash, cash equivalents and restricted cash (15,384,000) (25,168,000)
Cash, cash equivalents and restricted cash at beginning of period 52,141,000 69,690,000
Cash, cash equivalents and restricted cash at end of period 36,757,000 44,522,000
Non-cash investing and financing activity    
Additions to right-of-use-assets obtained from new operating lease liabilities $ 0 $ 81,000