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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Cash Flows from Operating Activities    
Net (loss) income $ (8,215) $ 8,042
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 2,306 1,850
Noncash lease expense 1,753 1,545
Amortization of debt discount and debt issuance costs 78 79
Equity-based compensation expense 9,029 8,591
Deferred income taxes (1,569) (1,298)
Loss on disposal of property and equipment   6
Changes in operating assets and liabilities:    
Accounts receivable 797 (858)
Inventories (3,046) (26,399)
Assets for recovery (859) (1,637)
Income taxes payable 1,653 2,845
Prepaid and other current assets (497) 396
Accounts payable 3,916 4,188
Accrued expenses and other current liabilities 4,756 14,730
Operating lease liabilities (1,635) (1,038)
Other noncurrent liabilities (116) (454)
Net cash provided by operating activities 8,351 10,588
Cash Flows from Investing Activities    
Capitalized software development costs (1,026) (1,247)
Purchases of property and equipment (726) (1,394)
Other   (97)
Net cash used in investing activities (1,752) (2,738)
Cash Flows from Financing Activities    
Proceeds from borrowings on revolving line of credit 5,000 10,000
Repayments on revolving line of credit (15,000) (20,000)
Proceeds from issuance of common stock under employee stock purchase plan (ESPP) 269  
Principal payments on finance lease obligations (497) (344)
Payment of offering costs related to the IPO   (542)
Withholding tax payments related to vesting of RSUs (637)  
Other (6) (23)
Net cash used in financing activities (10,871) (10,909)
Net decrease in cash, cash equivalents and restricted cash (4,272) (3,059)
Cash, cash equivalents and restricted cash at beginning of period 10,219 11,908
Total cash, cash equivalents and restricted cash at end of period 5,947 8,849
Reconciliation of cash, cash equivalents and restricted cash    
Cash and cash equivalents 5,947 8,343
Restricted cash   506
Total cash, cash equivalents and restricted cash at end of period 5,947 8,849
Supplemental Disclosure    
Income taxes, net 82 4,309
Interest 918 242
Operating leases 2,595  
Finance leases 549  
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Addition of right-of-use assets, including prepaid rent, net of deferred rent recorded upon adoption of ASC 842   28,018
Addition of lease liabilities recorded upon adoption of ASC 842   28,599
Right-of-use assets acquired under operating lease obligations 17 1,839
Assets acquired under finance lease obligations 983 3,763
Purchases of property and equipment included in accounts payable and accrued expenses $ 29 188
Offering costs included in accrued expenses   $ 290