v3.20.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS UNAUDITED - USD ($)
$ in Thousands
3 Months Ended
Mar. 28, 2020
Mar. 30, 2019
OPERATING ACTIVITIES:    
Net loss $ (2,283) $ (2,028)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,017 1,013
Amortization of debt issuance costs 10 37
Stock based compensation expense 376 60
Change in deferred rent   (5)
Change in deferred compensation   (147)
Change in deferred income taxes (473) (701)
Other 28 41
Changes in assets and liabilities:    
Accounts receivable 2,629 1,192
Income taxes receivable 65  
Prepaid expenses and other current assets 41 (56)
Inventories 35 (172)
Accounts payable and accrued expenses (749) 520
Net cash provided by (used in) operating activities 696 (246)
INVESTING ACTIVITIES:    
Purchases of property and equipment (8) (163)
Purchases of intangibles (56)  
Net payments received from Live Ventures Incorporated note receivable   53
Net cash used in investing activities (64) (110)
FINANCING ACTIVITIES:    
Payments on debt obligations (280) (193)
Net cash used in financing activities (280) (193)
Effect of changes in exchange rate on cash and cash equivalents 4 6
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 356 (543)
CASH AND CASH EQUIVALENTS, beginning of period 481 1,195
CASH AND CASH EQUIVALENTS, end of period 837 652
Supplemental cash flow disclosures:    
Interest paid 56 3
Income taxes paid   3
Right to use asset - operating leases capitalized $ 930 $ 1,907

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