Cash Flow

v3.19.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Sep. 28, 2019
Sep. 29, 2018
Cash flows from operating activities:    
Net income (loss) $ 59 $ (569)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 95 142
Share based compensation 162 103
Accretion of discounts and issuance costs on debt 20 105
Accrued interest and fees on loan payable (192) 56
Change in deferred rent 1 (29)
Changes in operating assets and liabilities    
Trade accounts receivable (426) (383)
Inventories (483) 695
Prepaid expenses and other assets (510) (792)
Right of use asset 130
Accounts payable 765 (155)
Accrued payroll and benefits (196) 24
Deferred revenue (807)
Other current and non-current liabilities (12) (24)
Net cash used in operating activities (587) (1,634)
Cash flows from investing activities:    
Purchases of property and equipment (94)
Net cash used in investing activities (94)
Cash flows from financing activities:    
Principal payments on leases (188) (27)
Proceeds from issuance of preferred stock, net of issuance costs 576
Proceeds from exercise of warrants 230 112
Proceeds from borrowings, net of issuance costs 889
Repayments of borrowings (424)
Net cash provided by financing activities 507 661
Decrease in cash and cash-equivalents (174) (973)
Beginning cash and cash-equivalents 878 1,485
Ending cash and cash-equivalents 704 512
Supplementary disclosure of cash flow information:    
Cash paid for income taxes 2 2
Cash paid for interest 66 114
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
Issuance of dividends in kind $ 142

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