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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 26, 2022
Cash flows from operating activities:    
Net loss $ (61,879) $ (35,557)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 1,372 2,806
Payment of contingent consideration in excess of acquisition date fair value 0 (413)
Change in fair value of warrant liabilities 10,370 0
Stock compensation expense 4,202 (171)
Provision for doubtful accounts 55 27
Deferred income taxes 63 82
Inventory write-downs 1,626 597
Cloud computing arrangements development costs (640) (1,158)
Other Noncash Income (Expense) (629) (511)
Changes in current assets and liabilities:    
Accounts receivable, net (2,407) 3,064
Accounts receivable from related party 118 (1,124)
Inventories (4,585) (11,321)
Other current assets 1,905 1,892
Accounts payable and accrued liabilities (1,357) 4,143
Accounts payable to related party 10,591 0
Net cash used by operating activities (41,195) (37,644)
Cash flows from investing activities:    
Capital expenditures (8,175) (5,722)
Net cash used by investing activities (8,175) (5,722)
Cash flows from financing activities:    
Proceeds received from exercise of warrants (Note 7) 2 0
Borrowings on notes payable to related party (Note 11) 0 15,333
Payment of contingent consideration up to acquisition date fair value 0 (1,767)
Transfers from H-D (Note 11) 0 32,497
Net cash provided by financing activities 2 46,063
Net (decrease) increase in cash and cash equivalents (49,368) 2,697
Cash and cash equivalents:    
Cash and cash equivalents—beginning of period 265,240 2,668
Net (decrease) increase in cash and cash equivalents (49,368) 2,697
Cash and cash equivalents—end of period $ 215,872 $ 5,365