Cash Flow

v3.19.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 29, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net income (loss) $ 15 $ (287)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 47 73
Share-based compensation 95 57
Accretion of discounts on debt 19 50
Accrued interest and fees on loan payable (327) 25
Change in deferred rent 1 (14)
Changes in operating assets and liabilities:    
Trade accounts receivable (255) (94)
Inventories (14) 468
Prepaid expenses and other current assets 52 (516)
Right of use asset 64
Accounts payable 183 (240)
Accrued payroll and benefits (89) 70
Deferred revenue (550)
Other current liabilities and non-current liabilities 27 13
Net cash used in operating activities (181) (945)
Cash flows from investing activities:    
Purchases of property and equipment (22)
Net cash used in investing activities (22)
Cash flows from financing activities:    
Principal payments on leases (94) (12)
Proceeds from borrowings, net of issuance costs 429
Proceeds from issuance of preferred stock, net of issuance costs 205
Exercise of warrants 15
Net cash provided by financing activities 335 208
Increase (decrease) in cash and cash-equivalents 132 (737)
Beginning cash and cash-equivalents 878 1,485
Ending cash and cash-equivalents 1,010 748
Supplementary disclosure of cash flow information:    
Cash paid for income taxes 55
Cash paid for interest 256 61
Supplementary disclosure of noncash activities:    
Cumulative effect of adoption of ASC 606 on inventory (1,581)
Cumulative effect of adoption of ASC 606 on prepaid expenses and other current assets 189
Cumulative effect of adoption of ASC 606 on deferred revenue 2,567
Cumulative effect of adoption of ASC 842 on right of use assets 1,361
Cumulative effect of adoption of ASC 842 on deferred rent 429
Cumulative effect of adoption of ASC 842 on lease liability $ 1,790

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