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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 29, 2025
Dec. 29, 2024
Current assets    
Cash and cash equivalents $ 2,777,000 $ 32,000
Accounts receivable (net of allowance for credit losses of $1,156 and $910, respectively) 13,637,000 17,148,000
Prepaid expenses 1,687,000 1,600,000
Other current assets 2,029,000 2,213,000
Current assets of discontinued operations 27,473,000 24,354,000
Total current assets 47,603,000 45,347,000
Property and equipment, net 299,000 608,000
Other assets    
Deposits 1,996,000 2,003,000
Software as a service, net 3,651,000 4,068,000
Deferred income taxes, net 9,227,000 7,849,000
Right-of-use asset - operating leases, net 856,000 1,083,000
Intangible assets, net 3,911,000 4,385,000
Goodwill 1,074,000 1,074,000
Noncurrent assets of discontinued operations 81,075,000 83,694,000
Total other assets 101,790,000 104,156,000
Total assets 149,692,000 150,111,000
Current liabilities    
Accounts payable 1,368,000 80,000
Accrued payroll and expenses 7,086,000 4,868,000
Long-term debt, current portion (net of debt issuance costs of $18 and $24, respectively) 3,807,000 3,801,000
Accrued interest 510,000 223,000
Income taxes payable 295,000 212,000
Convertible note 4,368,000 4,368,000
Lease liabilities, current portion 474,000 544,000
Current liabilities of discontinued operations 11,093,000 11,825,000
Total current liabilities 29,001,000 25,921,000
Line of credit (net of debt issuance costs of $256 and $770, respectively) 7,744,000 5,625,000
Long-term debt, less current portion (net of debt issuance costs of $149 and $198, respectively) 30,664,000 32,527,000
Lease liabilities, less current portion 506,000 698,000
Noncurrent liabilities of discontinued operations 3,491,000 3,071,000
Total liabilities 71,406,000 67,842,000
Commitments and contingencies
Preferred stock, $0.01 par value per share, 500,000 shares authorized, -0- shares issued and outstanding 0 0
Common stock, $0.01 par value per share; 19,500,000 shares authorized 11,158,828 and 11,038,623 shares issued and outstanding, respectively, net of 3,930 shares of treasury stock, at cost, respectively. 55,000 53,000
Additional paid in capital 70,733,000 70,260,000
Retained earnings 7,498,000 11,956,000
Total stockholders’ equity 78,286,000 82,269,000
Total liabilities and stockholders’ equity $ 149,692,000 $ 150,111,000