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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 27, 2020
Jun. 28, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 2,936 $ 2,969
Restricted cash 234 234
Accounts receivable, less allowance for bad debts of $77 and $269, respectively 1,012 965
Notes receivable 484 546
Deferred contract charges 36 44
Prepaid expenses and other 218 174
Total current assets 4,920 4,932
LONG-TERM ASSETS    
Property, plant and equipment, net 358 366
Operating lease right of use asset, net 3,421 3,567
Intangible assets definite-lived, net 146 155
Notes receivable, net of current portion 445 449
Long-term deferred contract charges 242 231
Deposits and other 0 5
Total assets 9,532 9,705
CURRENT LIABILITIES    
Accounts payable - trade 469 446
Accounts payable - lease termination impairments 421 407
Accrued expenses 685 775
Operating lease liability, current 644 632
Deferred revenues 293 254
Total current liabilities 2,512 2,514
LONG-TERM LIABILITIES    
Convertible notes 1,556 1,549
PPP loan 657 657
Operating lease liability, net of current portion 3,307 3,471
Deferred revenues, net of current portion 873 960
Other long-term liabilities 51 51
Total liabilities 8,956 9,202
COMMITMENTS AND CONTINGENCIES (SEE NOTE D)
SHAREHOLDERS' EQUITY    
Common stock, $.01 par value; authorized 26,000,000 shares; issued 22,550,376 and 22,550,376 shares, respectively; outstanding 15,465,222 and 15,465,222 shares, respectively 225 225
Additional paid-in capital 33,528 33,531
Accumulated deficit (8,640) (8,716)
Treasury stock at cost Shares in treasury: 7,085,154 and 7,085,154, respectively (24,537) (24,537)
Total shareholders' equity 576 503
Total liabilities and shareholders' equity $ 9,532 $ 9,705