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
 6 Months Ended
Jul. 01, 2023
Jul. 02, 2022
OPERATING ACTIVITIES:    
Net income (loss) from continuing operations $ (583) $ 2,392
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 727 2
Stock based compensation expense 12 4
Accretion of note receivable discount (518) (64)
Gain on legal settlement 0 (115)
Unrealized loss on marketable securities 247 376
Gain on reversal of contingent liability 0 (637)
Changes in assets and liabilities:    
Accounts receivable, net of acquisitions and dispositions 342 (753)
Income taxes receivable 0 (12)
Prepaid expenses and other current assets, net of dispositions 292 355
Inventories 0 (210)
Accounts payable and accrued expenses, net of dispositions (529) (108)
Other Assets 1 6
Operating cash flows provided by discontinued operations 2,320 253
Net cash provided by operating activities 2,311 1,489
INVESTING ACTIVITIES:    
Purchases of property and equipment 0 (721)
Purchases of intangibles 0 (189)
Net cash used in investing activities from discontinued operations (156) 0
Net cash used in investing activities (156) (910)
FINANCING ACTIVITIES:    
Proceeds from equity financing, net 368 0
Payments on short-term notes payable (274) (288)
Financing cash flows from discontinued operations (2,212) 185
Net cash used in financing activities (2,118) (103)
Effect of changes in exchange rate on cash and cash equivalents 17 0
INCREASE IN CASH AND CASH EQUIVALENTS 54 476
CASH AND CASH EQUIVALENTS, beginning of period 115 705
LESS CASH OF DISCONTINUED OPERATIONS, end of period 0 (233)
CASH AND CASH EQUIVALENTS, end of period 169 948
Supplemental cash flow disclosures:    
Interest paid 118 120
Income taxes paid 0 54
Noncash recognition of new leases $ 0 $ 1,451