v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS UNAUDITED - USD ($)
$ in Thousands
9 Months Ended
Sep. 26, 2020
Sep. 28, 2019
OPERATING ACTIVITIES:    
Net loss $ (5,535) $ (5,357)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 3,104 3,046
Amortization of debt issuance costs 27 111
Stock based compensation expense 523 447
Non cash lease expense 137 33
Change in deferred rent   (48)
Change in deferred compensation   (148)
Change in deferred income taxes (270) (1,823)
Other 40 376
Changes in assets and liabilities:    
Accounts receivable 1,561 (93)
Income taxes receivable (254) (47)
Prepaid expenses and other current assets (575) 71
Inventories 277 (919)
Accounts payable and accrued expenses (77) 708
Net cash used in operating activities (1,042) (3,643)
INVESTING ACTIVITIES:    
Purchases of property and equipment (12) (436)
Purchases of intangibles (281)  
Net payments received from ApplianceSmart note receivable   881
Net cash (used in) provided by investing activities (293) 445
FINANCING ACTIVITIES:    
Proceeds from issuance of short term debt 3,469  
Proceeds from issuance of long term debt obligations   471
Proceeds (payment) of related party note (1,500) 2,500
Payments on debt obligations (422) (355)
Net cash provided by financing activities 1,547 2,616
Effect of changes in exchange rate on cash and cash equivalents (55) 25
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 157 (557)
CASH AND CASH EQUIVALENTS, beginning of period 481 1,195
CASH AND CASH EQUIVALENTS, end of period 638 638
Supplemental cash flow disclosures:    
Interest paid 126 71
Income taxes paid 76 44
Right to use asset - operating leases capitalized $ 1,037 $ 2,272

Source