Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.20.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Sep. 26, 2020
Sep. 28, 2019
Cash flows from operating activities:    
Net income (loss) $ (405) $ 59
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 81 95
Share based compensation 142 162
Accretion of discounts and issuance costs on debt 20
Accrued interest and fees on loan payable (31) (192)
Change in deferred rent 1
Changes in operating assets and liabilities    
Trade accounts receivable (89) (426)
Inventories 95 (483)
Prepaid expenses and other assets (229) (510)
Right of use asset 156 130
Accounts payable 227 765
Accrued payroll and benefits 98 (196)
Deferred revenue (159)
Other current and non-current liabilities (62) (12)
Net cash used in operating activities (176) (587)
Cash flows from investing activities:    
Purchases of property and equipment (31) (94)
Net cash used in investing activities (31) (94)
Cash flows from financing activities:    
Principal payments on leases (215) (188)
Proceeds from exercise of warrants 230
Proceeds from borrowings, net of issuance costs 1,462 889
Repayments of borrowings (1,292) (424)
Net cash (used in) provided by financing activities (45) 507
Decrease in cash and cash-equivalents (252) (174)
Beginning cash and cash-equivalents 657 878
Ending cash and cash-equivalents 405 704
Supplementary disclosure of cash flow information:    
Cash paid for income taxes 2 2
Cash paid for interest 69 66
Supplementary disclosure of noncash financing activities:    
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