v3.26.1
Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 27, 2026
Jun. 28, 2025
Cash flows from operating activities:    
Net loss $ (12,240) $ (15,326)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 7 7
Equity in net loss of National Beef Packing Company, LLC 12,120 15,553
Changes in assets and liabilities:    
Accounts receivable (74) (355)
Due from affiliates 127 (284)
Other assets (343) 194
Accounts payable (6) (19)
Due to affiliates (41) 16
Accrued compensation and benefits (1,511) (364)
Other accrued expenses and liabilities (6) (42)
Net cash used in operating activities (1,967) (620)
Cash flows from investing activities:    
Investments in certificates of deposit (9,993) (23,794)
Investments in treasury securities (24,944) (14,165)
Redemptions of certificates of deposit 0 20,224
Redemptions of treasury securities 25,000 0
Net cash used in investing activities (9,937) (17,735)
Cash flows from financing activities:    
Member distributions 0 0
Net cash used in financing activities 0 0
Net decrease in cash (11,904) (18,355)
Cash and cash equivalents at beginning of period 14,052 39,008
Cash and cash equivalents at end of period $ 2,148 $ 20,653