XML 26 R3.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 29, 2019
Jun. 30, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 2,421 $ 2,264
Accounts receivable, less allowance for bad debts of $203 and $209, respectively 927 1,191
Notes receivable, less allowance for bad debt of $916 and $916, respectively 596 389
Inventories 6 7
Income tax receivable 4 4
Property held for sale 231 231
Deferred contract charges 267 38
Prepaid expenses and other 300 346
Total current assets 4,752 4,470
LONG-TERM ASSETS    
Property, plant and equipment, net 482 500
Operating lease right of use asset, net 3,313 0
Intangible assets definite-lived, net 184 196
Long-term notes receivable 484 735
Deferred tax asset, net 3,989 4,060
Long-term deferred contract charges 0 232
Deposits and other 234 233
Total assets 13,438 10,426
CURRENT LIABILITIES    
Accounts payable - trade 290 400
Accounts payable - lease termination impairments 607 832
Accrued expenses 762 834
Deferred rent 0 37
Operating lease liability, current 531 0
Deferred revenues 266 275
Total current liabilities 2,456 2,378
LONG-TERM LIABILITIES    
Convertible notes 1,529 1,584
Deferred rent, net of current portion 0 397
Operating lease liability, net of current portion 3,224 0
Deferred revenues, net of current portion 1,445 1,561
Other long-term liabilities 51 72
Total liabilities 8,705 5,992
COMMITMENTS AND CONTINGENCIES (SEE NOTE 4)
SHAREHOLDERS' EQUITY    
Common stock, $.01 par value; authorized 26,000,000 shares; issued 22,208,141 and 22,208,141 shares, respectively; outstanding 15,122,887 and 15,090,837 shares, respectively 222 222
Additional paid-in capital 33,294 33,327
Accumulated deficit (4,246) (4,483)
Treasury stock at cost Shares in treasury: 7,085,254 and 7,117,304, respectively (24,537) (24,632)
Total shareholders' equity 4,733 4,434
Total liabilities and shareholders' equity $ 13,438 $ 10,426