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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Mar. 31, 2024
us-gaap_AssetsCurrentAbstract    
Cash and cash equivalents (Note E) $ 25,979 $ 21,027
Accounts and other receivables, net (Note G) 20,471 14,731
Inventories 931 842
Prepaid expenses and other current assets (Note H) 1,598 2,176
Total current assets 48,979 38,776
Property and equipment, net of accumulated depreciation of $11,893 and $11,687, respectively 2,535 2,673
Operating lease assets (Note Q) 5,852 6,203
Goodwill 95 95
Intangible asset, net (Note I) 652 695
Deferred income taxes 280 275
Other assets 134 141
Total assets 58,527 48,858
CURRENT LIABILITIES    
Accounts payable 7,046 5,744
Accrued expenses and other current liabilities (Note K) 8,951 7,615
Current portion of operating lease liabilities (Note Q) 1,897 1,887
Deferred franchise fees 322 327
Total current liabilities 18,216 15,573
Long-term debt, net of unamortized debt issuance costs of $369 and $438, respectively (Note P) 59,631 59,562
Operating lease liabilities (Note Q) 4,513 4,937
Other liabilities 844 810
Deferred franchise fees 824 899
Total liabilities 84,028 81,781
Commitments and Contingencies  
STOCKHOLDERS’ DEFICIT    
Common stock, $.01 par value; 30,000,000 shares authorized; 9,374,130 shares issued; and 4,084,615 shares outstanding at June 30, 2024 and March 31, 2024 94 94
Additional paid-in capital 63,124 62,936
Accumulated deficit (2,057) (9,291)
Stockholders’ equity before treasury stock 61,161 53,739
Treasury stock, at cost, 5,289,515 shares at June 30, 2024 and March 31, 2024 (86,662) (86,662)
Total stockholders’ deficit (25,501) (32,923)
Total liabilities and stockholders’ deficit $ 58,527 $ 48,858