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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net loss $ (6,034) $ (18,650)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,684 1,488
Stock-based compensation 5,496 4,544
Gain on investments, net (467) (883)
Deferred income taxes (136) 84
Provision for excess and obsolete inventory 1,435 1,132
Changes in assets and liabilities:    
Accounts receivable, net 13,504 12,288
Inventories 3,206 36,449
Prepaid expenses and other assets (620) 367
Accounts payable (3,603) (8,516)
Accrued employee compensation (4,313) 907
Other accrued liabilities (19,102) (12,605)
Deferred revenue (164) 1,719
Income taxes payable 365 (1,134)
Net cash provided by (used in) operating activities (8,749) 17,190
Cash flows from investing activities:    
Purchases of short-term investments (29,759) (38,829)
Proceeds from maturities of short-term investments 30,000 30,000
Purchases of property and equipment (1,396) (2,510)
Purchases of long-term investments (105) 0
Net cash used in investing activities (1,260) (11,339)
Cash flows from financing activities:    
Repurchases of common stock (8,162) (11,444)
Restricted stock unit withholdings (5,141) (454)
Proceeds from exercise of stock options 4,590 0
Proceeds from issuance of common stock under employee stock purchase plan 2,089 1,986
Net cash used in financing activities (6,624) (9,912)
Net decrease in cash and cash equivalents (16,633) (4,061)
Cash and cash equivalents, at beginning of period 286,444 176,717
Cash and cash equivalents, at end of period 269,811 172,656
Non-cash investing and financing activities:    
Unpaid property and equipment $ 1,364 $ 968