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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 03, 2021
Jun. 27, 2020
Jul. 03, 2021
Jul. 03, 2021
Jun. 27, 2020
Jun. 27, 2020
Operating activities:            
Net loss     $ (617)     $ (4,431)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:            
PPP loan forgiveness     (2,497)      
Depreciation and amortization     365     277
Stock-based compensation $ 280 $ 436 646 $ 646 $ 531 531
Provision for doubtful accounts           101
Changes in operating assets and liabilities:            
Accounts receivable     (1,312)     3,435
Inventories     (22)     278
Prepaid expenses and other current assets     (181)     (107)
Operating lease right-of-use assets     431     608
Other long-term assets     75     (7)
Accounts payable     1,101     (2,035)
Accrued compensation     103     (845)
Accrued expenses     464     (177)
Accrued warranty     (67)     (162)
Deferred revenue     11,257     (286)
Operating lease liabilities     (524)     (696)
Other liabilities     1,377     77
Net cash provided by (used in) operating activities     10,599     (3,439)
Investing activities:            
Acquisition of property and equipment     (125)     (79)
Cash paid for business combination, net     (5,343)      
Net cash used in investing activities     (5,468)     (79)
Financing activities:            
Proceeds from issuance of common stock, net of issuance costs     9,878      
Proceeds from stock option exercise     97      
Taxes paid related to net share settlements of equity awards     (518)     (4)
Proceeds from PPP loan           2,497
Net cash provided by financing activities     9,457     2,493
Effect of foreign exchange rate changes     45     (4)
Net increase (decrease) in cash and cash equivalents     14,633     (1,029)
Cash and cash equivalents, beginning of period     11,626     12,653
Cash and cash equivalents, end of period $ 26,259 $ 11,624 26,259 $ 26,259 $ 11,624 11,624
Supplemental disclosure of cash flow information:            
Cash paid during the period for income taxes     23     21
Supplemental disclosure of non-cash activities:            
Transfer of inventory to property and equipment     78     $ 49
ROU assets obtained with extension of operating lease     $ 1,824