Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Apr. 01, 2023
Apr. 02, 2022
OPERATING ACTIVITIES:    
Net income (loss) from continuing operations $ (662) $ 2,619
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 364 0
Stock based compensation expense 8 4
Accretion of note receivable discount (230) 0
Loss on legal settlement 0 (115)
Unrealized loss on marketable securities 247 0
Gain on reversal of contingent liability 0 (637)
Changes in assets and liabilities:    
Accounts receivable, net of acquisitions and dispositions (3) 130
Prepaid expenses and other current assets, net of dispositions 125 173
Accounts payable and accrued expenses, net of dispositions 256 91
Other Assets 1 (3)
Operating cash flows provided by (used in) discontinued operations 2,320 (207)
Net cash provided by operating activities 2,426 2,055
INVESTING ACTIVITIES:    
Investing cash flows used in discontinued operations (156) (127)
Net cash used in investing activities (156) (127)
FINANCING ACTIVITIES:    
Proceeds from equity financing, net 368 0
Payments on short-term notes payable (205) (216)
Financing cash flows from discontinued operations (2,212) (63)
Net cash used in financing activities (2,049) (279)
Effect of changes in exchange rate on cash and cash equivalents 17 (41)
DECREASE IN CASH AND CASH EQUIVALENTS 238 1,608
CASH AND CASH EQUIVALENTS, beginning of period 115 705
LESS CASH OF DISCONTINUED OPERATIONS, end of period 0 (266)
CASH AND CASH EQUIVALENTS, end of period 353 2,047
Supplemental cash flow disclosures:    
Interest paid 117 22
Noncash recognition of new leases $ 0 $ 323