v3.25.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Dec. 31, 2024
Cash flows from operating activities:      
Net loss $ (5,962) $ (7,864)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 12,400 10,374  
Unrealized foreign currency (gain) loss (417) 1,584  
Amortization of deferred financing costs and debt discount 430 430  
Non-cash lease expense 1,776 1,780  
Change in fair value of interest rate swap 283 (1,804)  
Stock-based compensation expense 1,971 1,243  
Bad debt expense 875 1,299  
Other non-cash, net (63) 173  
Earnings from equity method investment (953) (1,309)  
Distributions received from equity method investment 0 908  
Changes in operating assets and liabilities:      
Trade receivables (52,550) (44,895)  
Inventories (9,559) 1,648  
Prepaid expenses and other current assets 189 467  
Income tax receivable (4,624) (428)  
Other assets (10) (146)  
Accounts payable 14,271 8,179  
Accrued expenses and other current liabilities (4,861) (5,987)  
Other long-term liabilities (78) (164)  
Net cash used in operating activities (46,882) (34,512)  
Cash flows from investing activities:      
Purchases of property and equipment (3,452) (5,345)  
Acquisition of business, net of cash acquired (4,934) 0  
Net cash used in investing activities (8,386) (5,345)  
Cash flows from financing activities:      
Payments on long-term debt borrowings 0 (18,813)  
Proceeds from borrowings on revolving credit facility 25,000 0  
Repayments of finance lease obligations (201) (189)  
Common stock withheld for taxes on restricted stock units (2,306) 0  
Net cash provided by (used in) financing activities 22,493 (19,002)  
Effect of exchange rate changes on cash 343 (93)  
Net decrease in cash (32,432) (58,952)  
Cash at beginning of period 56,398 102,763 $ 102,763
Cash at end of period 23,966 43,811 $ 56,398
Supplemental cash flow information:      
Cash paid for interest 6,266 9,513  
Income taxes paid, net 344 39  
Supplemental disclosure of non-cash investing and financing activities:      
Purchases of property and equipment included in accounts payable and accrued expenses 1,360 426  
Right-of-use operating and finance lease assets obtained in exchange for lease liabilities $ 994 $ 198