v3.26.3
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 9 Months Ended
Sep. 27, 2026
Sep. 28, 2025
Cash flows from operating activities    
Net loss $ (961,000) $ (10,270,000)
Net income from discontinued operations 1,168,000 2,891,000
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 73,000 86,000
Amortization 424,000 1,325,000
Loss on disposal of property and equipment 0 11,000
Contingent consideration adjustment 0 (450,000)
Amortization of debt issuance costs 0 1,022,000
Interest expense on note payable 0 235,000
Provision for credit losses 334,000 1,822,000
Share-based compensation 595,000 850,000
Deferred income taxes 92,000 (1,450,000)
Other non-cash items (90,000) 0
Net changes in operating assets and liabilities:    
Accounts receivable (2,411,000) (2,236,000)
Escrow receivable 4,200,000 (4,950,000)
Prepaid expenses (105,000) 302,000
Other current assets 346,000 (516,000)
Deposits 20,000 73,000
Software as a service 421,000 950,000
Loss on sale of discontinued operations 0 2,892,000
Accounts payable (44,000) 1,877,000
Accrued payroll and expenses 594,000 2,642,000
Accrued interest 0 (223,000)
Income taxes receivable (payable) (322,000) 323,000
Transition services payable (2,209,000) 1,474,000
Severance payable (299,000) 0
Other current liabilities 0 1,940,000
Operating leases (30,000) (15,000)
Other long-term liabilities 0 3,406,000
Net cash used in continuing operating activities (540,000) (1,771,000)
Net cash provided by discontinued operating activities 0 227,000
Net cash used in operating activities (540,000) (1,544,000)
Cash flows from investing activities    
Proceeds from business sold 1,168,000 91,528,000
Purchases of short-term investments (20,436,000) 0
Proceeds from sale of short-term investments 8,897,000 0
Proceeds from redemptions of short-term investments 3,007,000 0
Capital expenditures (28,000) (122,000)
Net cash (used in) provided by continuing investing activities (7,392,000) 91,406,000
Net cash used in discontinued investing activities 0 (193,000)
Net cash (used in) provided by investing activities (7,392,000) 91,213,000
Cash flows from financing activities    
Net payments under line of credit 0 (10,220,000)
Principal payments on long-term debt 0 (32,725,000)
Payment of convertible note 0 (4,368,000)
Issuance of ESPP shares 0 134,000
Note payable paid (449,000) (1,289,000)
Repurchase of common stock (1,335,000) 0
Payments of debt issuance costs 0 (29,000)
Net cash provided by (used in) continuing financing activities (1,784,000) (48,497,000)
Net change in cash and cash equivalents (9,716,000) 41,172,000
Less: net change in cash and cash equivalents, discontinued operations 0 34,000
Cash and cash equivalents, beginning of period 19,018,000 32,000
Cash and cash equivalents, end of period, continuing operations 9,302,000 41,170,000
Supplemental cash flow information:    
Cash paid for interest 58,000 3,398,000
Cash paid for state taxes, net of refunds 89,000 535,000
Dividends declared $ 0 $ 22,400,000