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
Jun. 29, 2024
Jul. 01, 2023
OPERATING ACTIVITIES:    
Net income loss from continuing operations $ (1,555) $ (583)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,300 727
Stock based compensation expense 1,507 12
Related party notes issued for shared services 600 0
Accretion of note receivable discount 0 (518)
Unrealized gain on marketable securities 370 247
Unrealized gain on digital assets (461) 0
Change in deferred tax liability (2,927) 0
Changes in assets and liabilities:    
Accounts receivable, net of acquisitions and dispositions 1,730 342
Digital assets receivable (13,280) 0
Prepaid expenses and other current assets, net of dispositions 262 292
Digital assets payable 11,478 0
Accounts payable and accrued expenses, net of dispositions 503 (529)
Other Assets 9 1
Operating cash flows provided by discontinued operations 0 2,320
Net cash (used in) provided by operating activities (464) 2,311
INVESTING ACTIVITIES:    
Cash acquired in Alt5 Subsidiary acquisition 5,853 0
Investing cash flows used in discontinued operations 0 (156)
Net cash provided by (used in) investing activities 5,853 (156)
FINANCING ACTIVITIES:    
Proceeds from equity financing, net 851 368
Proceeds from related parties 577 0
Payments on notes payable (251) (274)
Financing cash flows from discontinued operations 0 (2,212)
Net cash provided by (used in) financing activities 1,177 (2,118)
Effect of changes in exchange rate on cash and cash equivalents (807) 17
INCREASE IN CASH AND CASH EQUIVALENTS 5,759 54
CASH AND CASH EQUIVALENTS, beginning of period 5 115
LESS CASH OF DISCONTINUED OPERATIONS, end of period 0 0
CASH AND CASH EQUIVALENTS, end of period 5,764 169
Supplemental cash flow disclosures:    
Interest paid 0 118
Income taxes paid 0 0
Noncash recognition of new leases 186 0
Other Significant Noncash Transactions [Line Items]    
Notes payable converted to common stock 122 0
Common stock issued for property and equipment 1,170 0
Stock issued for the acquisition of Alt5 Subsidiary    
Other Significant Noncash Transactions [Line Items]    
Stock Issued 16,000 0
Common stock issued for consulting services    
Other Significant Noncash Transactions [Line Items]    
Stock Issued 853 0
Common stock issued liability obligations    
Other Significant Noncash Transactions [Line Items]    
Stock Issued $ 367 $ 0