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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
May 26, 2024
May 28, 2023
May 29, 2022
Cash flows from operating activities:      
Net income (loss) $ 12,013 $ (99,563) $ (116,715)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 8,859 13,177 18,061
Loss on debt extinguishment 0 23,741 0
Stock-based compensation expense 6,201 3,612 2,608
Provision (benefit) for expected credit losses 263 163 (14)
Deferred taxes 163 357 (6,825)
Net loss on disposal of property and equipment 18 38 152
Non-cash restructuring and impairment of assets charges 1,402 640 0
Impairment of goodwill and long-lived and indefinite-lived assets 0 1,300 78,146
Loss on disposal of property and equipment related to restructuring, net 0 0 5,185
Interest expense, related party 14,209 343 0
Change in debt derivative liability, related party (39,500) 0 0
Other, net 0 86 (426)
Changes in current assets and current liabilities:      
Inventories 862 (14,811) (2,180)
Other assets 2,380 2,156 (689)
Accounts payable (6,676) 16,038 9,343
Accrued compensation 1,388 (4,483) (2,546)
Other accrued liabilities 319 3,982 (873)
Accrued interest - related party 453 9 0
Net cash used in operating activities (217) (17,441) (22,593)
Cash flows from investing activities:      
Purchases of property and equipment (17,921) (21,482) (29,940)
Proceeds from sales of property and equipment 0 0 1,141
Eat Smart sale net working capital adjustment 0 0 (9,839)
Proceeds from the sale of divested business, net of cash acquired 0 16,671 73,500
Proceeds from sale of investment in non-public company 0 0 45,100
Net cash (used in) provided by investing activities (17,921) (4,811) 79,962
Cash flows from financing activities:      
Taxes paid by Company for employee stock plans (152) (274) (789)
Principal payments on finance leases (135) 0 0
Principal payments on equipment financing, related party (579) 0 0
Payments on long-term debt 0 (123,690) (86,411)
Proceeds from revolving credit facility 149,586 31,450 55,111
Payments on revolving credit facility (146,704) (54,640) (44,111)
Proceeds from exercise of stock options 724 0 0
Payments for debt issuance costs (231) (6,050) (821)
Proceeds from long-term customer deposit 5,000 0 0
Proceeds from sale of common stock, net of issuance costs 0 4,822 0
Proceeds from sale of convertible preferred stock, net of issuance costs 0 38,082 0
Net cash provided by (used in) financing activities 7,509 39,700 (57,021)
Net (decrease) increase in cash and cash equivalents (10,629) 17,448 348
Cash and cash equivalents, beginning of period 19,091 1,643 1,295
Cash and cash equivalents, end of period 8,462 19,091 1,643
Supplemental disclosure of cash flow information:      
Cash paid during the period for interest 2,730 31,024 16,888
Cash paid during the period for income taxes, net of refunds received 72 23 441
Supplemental disclosure of non-cash investing and financing activities:      
Purchases of property and equipment on trade vendor credit 7,858 6,945 2,260
Convertible Preferred Stock paid-in-kind (“PIK”) dividend (3,078) (1,163) 0
Debt derivative 0 64,900 0
Nonrelated Party      
Changes in current assets and current liabilities:      
Accounts receivable, net (699) 19,941 (6,138)
Deferred revenues 536 (367) (18)
Cash flows from financing activities:      
Proceeds from long-term debt 0 0 20,000
Related Party      
Changes in current assets and current liabilities:      
Accounts receivable, net (1,693) (9,117) 0
Deferred revenues (715) 6,443 0
Cash flows from financing activities:      
Proceeds from long-term debt 0 150,000 0
BreatheWay      
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Gain (loss) on sale of business 0 (2,108) 0
Eat Smart      
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Gain (loss) on sale of business 0 0 336
Yucatan Foods      
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Gain (loss) on sale of business 0 20,663 0
O Olive      
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Gain (loss) on sale of business $ 0 $ 319 $ 0