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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 29, 2025
Mar. 30, 2025
CURRENT ASSETS    
Cash and cash equivalents (Note E) $ 26,867 $ 27,802
Accounts and other receivables, net (Note G) 26,274 14,064
Inventories 900 1,221
Prepaid expenses and other current assets (Note H) 1,472 2,048
Total current assets 55,513 45,135
Property and equipment, net of accumulated depreciation of $12,479 and $12,295, respectively 2,097 2,114
Operating lease right-of-use assets, net (Note Q) 4,606 4,987
Goodwill 95 95
Intangible asset, net (Note I) 478 522
Deferred income taxes 541 510
Other assets 106 113
Total assets 63,436 53,476
CURRENT LIABILITIES    
Current portion of long-term debt (Note P) 2,400 2,400
Accounts payable 7,435 6,163
Accrued expenses and other current liabilities (Note K) 8,541 5,969
Current portion of operating lease liabilities (Note Q) 1,924 1,923
Deferred franchise fees 274 309
Total current liabilities 20,574 16,764
Long-term debt, net of unamortized debt issuance costs of $308 and $327, respectively (Note P) 47,492 48,073
Long-term portion of operating lease liabilities (Note Q) 3,075 3,528
Other liabilities 993 927
Deferred franchise fees 644 697
Total liabilities 72,778 69,989
COMMITMENTS AND CONTINGENCIES (Note R)  
STOCKHOLDERS’ DEFICIT    
Common stock, $.01 par value; 30,000,000 shares authorized; 9,379,025 shares issued; and 4,089,510 shares outstanding at June 29, 2025 and March 30, 2025 94 94
Additional paid-in capital 63,780 63,492
Retained earnings 13,446 6,563
Stockholders’ equity before treasury stock 77,320 70,149
Treasury stock, at cost, 5,289,515 shares at June 29, 2025 and March 30, 2025 (86,662) (86,662)
Total stockholders’ deficit (9,342) (16,513)
Total liabilities and stockholders’ deficit $ 63,436 $ 53,476