v3.25.2
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
 3 Months Ended
Jun. 29, 2025
Jun. 30, 2024
Operating activities:    
Net loss $ (1,104,000) $ (322,000)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation of property, plant and equipment 198,000 184,000
Amortization of intangibles 214,000 148,000
Amortization of debt issuance costs 3,000 0
Reduction in the carrying amount of right of use assets 1,164,000 1,136,000
Deferred income taxes (213,000) (304,000)
Reserve for unrecognized tax liabilities 8,000 8,000
Stock-based compensation 200,000 202,000
Changes in assets and liabilities:    
Accounts receivable 7,304,000 6,581,000
Inventories (3,772,000) (901,000)
Prepaid expenses 235,000 380,000
Other assets 2,000 (11,000)
Lease liabilities (1,167,000) (1,103,000)
Accounts payable 3,119,000 2,174,000
Accrued liabilities (943,000) (159,000)
Net cash provided by operating activities 5,248,000 8,013,000
Cash used in investing activities:    
Capital expenditures for property, plant and equipment (86,000) (284,000)
Net cash used in investing activities (86,000) (284,000)
Financing activities:    
Repayments under revolving line of credit (21,000,000) (21,329,000)
Borrowings under revolving line of credit 16,875,000 14,683,000
Payments on term loan (500,000) 0
Dividends paid (831,000) (809,000)
Net cash used in financing activities (5,456,000) (7,455,000)
Net decrease in cash and cash equivalents (294,000) 274,000
Cash and cash equivalents at beginning of period 521,000 829,000
Cash and cash equivalents at end of period 227,000 1,103,000
Supplemental cash flow information:    
Income taxes paid 11,000 11,000
Interest paid 306,000 92,000
Noncash activities:    
Property, plant and equipment purchased but unpaid (49,000) (51,000)
Dividends declared but unpaid $ (890,000) $ (858,000)