CarParts.com, Inc.
For the period ended Dec 28, 2024. Filed Mar 26, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 26, 2025
PRTS$8.35+3.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
(In Thousands)
| | | | | | | |
|---|---|---|---|---|---|---|
| · · Year Ended | ||||||
| · · December 28, · · December 30, | ||||||
| | 2024 | 2023 | ||||
| Operating activities | | | | | | |
| Net loss | | $(40,601) | | $(8,223) | ||
| Adjustments to reconcile net loss to net cash provided by operating activities: | | | | | | |
| Depreciation and amortization expense | | 18,975 | | 16,690 | ||
| Amortization of intangible assets | | 121 | | 36 | ||
| Share-based compensation expense | | 11,985 | | 11,675 | ||
| Stock awards issued for non-employee director service | | 43 | | 23 | ||
| Stock awards related to officers and directors stock purchase plan from payroll deferral | | | 10 | | | — |
| Gain from disposition of assets | | (70) | | (78) | ||
| Amortization of deferred financing costs | | 65 | | 65 | ||
| Changes in operating assets and liabilities: | | | | | | |
| Accounts receivable | | 1,267 | | (1,101) | ||
| Inventory | | 38,547 | | 6,681 | ||
| Other current assets | | 102 | | 549 | ||
| Other non-current assets | | 1,168 | | (248) | ||
| Accounts payable and accrued expenses | | (21,187) | | 23,696 | ||
| Other current liabilities | | (615) | | 686 | ||
| Right-of-use obligation - operating leases - current | | | 1,514 | | | 631 |
| Right-of-use obligation - operating leases - long-term | | | (1,131) | | | (714) |
| Other non-current liabilities | | 145 | | (367) | ||
| Net cash provided by operating activities | | 10,338 | | 50,001 | ||
| Investing activities | | | | | | |
| Additions to property and equipment | | (20,573) | | (11,879) | ||
| Cash paid for intangible assets | | (76) | | (108) | ||
| Proceeds from sale of property and equipment | | 92 | | 86 | ||
| Net cash used in investing activities | | (20,557) | | (11,901) | ||
| Financing activities | | | | | | |
| Borrowings from revolving loan payable | | 229 | | 244 | ||
| Payments made on revolving loan payable | | (229) | | (244) | ||
| Repurchase of treasury stock | | | — | | | (4,311) |
| Payments on finance leases | | (4,311) | | (4,738) | ||
| Net proceeds from issuance of common stock for ESPP | | | 359 | | | 483 |
| Statutory tax withholding payment for share-based compensation | | (470) | | — | ||
| Proceeds from exercise of stock options | | — | | 2,650 | ||
| Net cash used in financing activities | | (4,422) | | (5,916) | ||
| Effect of exchange rate changes on cash | | 87 | | — | ||
| Net change in cash and cash equivalents | | (14,554) | | 32,184 | ||
| Cash and cash equivalents, beginning of period | | 50,951 | | 18,767 | ||
| Cash and cash equivalents, end of period | | $36,397 | | $50,951 | ||
| Supplemental disclosure of non-cash investing and financing activities: | | | | | | |
| Right-of-use operating asset acquired | | $12,857 | | $— | ||
| Right-of-use finance asset acquired | | $— | | $784 | ||
| Accrued asset purchases | | $502 | | $1,499 | ||
| Share-based compensation expense capitalized in property and equipment | | $746 | | $804 | ||
| Supplemental disclosure of cash flow information: | | | | | | |
| Cash paid during the period for income taxes | | $178 | | $210 | ||
| Cash paid during the period for interest | | $1,165 | | $1,394 | ||
| Cash received during the period for interest | | $1,466 | | $2,030 | ||
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