v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Oct. 01, 2022
OPERATING ACTIVITIES:    
Net (loss) income from continuing operations $ (825) $ 2,609
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,090 2
Stock based compensation expense 14 4
Accretion of note receivable discount (1,021) (225)
Gain on legal settlement 0 (115)
Unrealized loss on marketable securities 514 646
Gain on reversal of contingent liability 0 (637)
Changes in assets and liabilities:    
Accounts receivable, net of acquisitions and dispositions 506 (1,449)
Prepaid expenses and other current assets, net of dispositions 309 (72)
Inventories 0 (210)
Accounts payable and accrued expenses, net of dispositions (689) (252)
Other Assets (346) 15
Operating cash flows provided by discontinued operations 2,320 (2,707)
Net cash provided by (used in) operating activities 1,872 (2,391)
INVESTING ACTIVITIES:    
Investing cash flows used in discontinued operations (156) (950)
Net cash used in investing activities (156) (950)
FINANCING ACTIVITIES:    
Proceeds from equity financing, net 792 0
Proceeds from notes payable 0 648
Warrants exercised 259 0
Payments on notes payable 0 (530)
Proceeds from issuance of short-term notes payable (274) 0
Financing cash flows from discontinued operations (2,212) 3,386
Net cash (used in) provided by financing activities (1,435) 3,504
Effect of changes in exchange rate on cash and cash equivalents 17 0
INCREASE IN CASH AND CASH EQUIVALENTS 298 163
CASH AND CASH EQUIVALENTS, beginning of period 115 705
LESS CASH OF DISCONTINUED OPERATIONS, end of period 0 (434)
CASH AND CASH EQUIVALENTS, end of period 413 434
Supplemental cash flow disclosures:    
Interest paid 118 235
Income taxes paid 0 54
Noncash recognition of new leases $ 0 $ 1,902

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