v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Dec. 28, 2024
OPERATING ACTIVITIES:      
Net income $ (2,861) $ (2,144)  
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation and amortization 1,210 639  
Stock based compensation expense 0 345  
Noncash expense for professional services 47 0  
Unrealized loss on marketable securities 0 190  
Related party notes issued for shared services 0 600  
Amortization of ROU assets 39 0  
Unrealized gain on digital assets 87 0  
Realized gain on digital assets 308 0  
Change in deferred tax liability 0 (75)  
Changes in assets and liabilities:      
Accounts receivable (2,711) (149)  
Digital assets receivable 9,231 0  
Prepaid expenses and other current assets 292 7  
Accounts payable and accrued expenses (332) 33  
Digital assets payable (6,853) 0  
Deposits and other assets 0 10  
Net cash used in operating activities (1,543) (544)  
INVESTING ACTIVITIES:      
Net cash used in investing activities 0 0  
FINANCING ACTIVITIES:      
Proceeds from equity financing, net 0 600  
Proceeds from the issuance of notes payable 1,598 0  
Payments on notes payable (132) 0  
Proceeds from warrants exercised 78 0  
Net cash provided by financing activities 1,544 600  
Effect of changes in exchange rate on cash and cash equivalents 3,633 0  
INCREASE IN CASH AND CASH EQUIVALENTS 3,634 56  
CASH AND CASH EQUIVALENTS, beginning of period 7,177 5 $ 5
CASH AND CASH EQUIVALENTS, end of period 10,811 61 $ 7,177
Supplemental cash flow disclosures:      
Interest paid 394 0  
Noncash financing and investing activities:      
Common stock issued for consulting services $ 94 $ 0