CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended
		Sep. 30, 2026	Sep. 30, 2025
Revenues:
Franchise rental income (Note 7)		$ 15,007	$ 17,354
Total revenue		54,338	58,958
Operating expenses:
General and administrative		10,677	11,351
Rent		15,000	17,400
Advertising fund expense		5,267	5,573
Depreciation and amortization		1,135	768
Total operating expenses		49,034	53,037
Segment profit		5,304	5,921
Other (expense) income:
Interest expense		(5,102)	(5,271)
Gain on earn-out liability		0	1,000
Other, net		384	242
Income from operations before income taxes		586	1,892
Income tax expense		(62)	(536)
Net income		$ 524	$ 1,356
Basic:
Net income per share (in dollars per share)		$ 0.21	$ 0.56
Diluted:
Net income per share, diluted (in dollars per share)		$ 0.18	$ 0.49
Weighted average common and common equivalent shares outstanding (Note 10):
Basic (in shares)		2,540	2,440
Diluted (in shares)		2,923	2,781
Rent
Operating expenses:
Rent		$ 3,310	$ 3,223
Franchisor
Operating expenses:
Rent		15,007	17,354
Royalties
Revenues:
Revenues		13,589	14,036
Fees
Revenues:
Revenues		1,528	1,784
Advertising fund contributions
Revenues:
Revenues		5,267	5,573
Company-owned salon revenue
Revenues:
Revenues		18,947	20,211
Operating expenses:
Company-owned salon expense	[1]	$ 13,638	$ 14,768

[1] Includes cost of services and products sold to guests in our company-owned salons. Excludes general and administrative expense, rent, and depreciation and amortization related to company-owned salons