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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 27, 2021
Jun. 28, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 1,520 $ (4,233)
Adjustments to reconcile net income (loss) to cash used in operating activities:    
Impairment of long-lived assets and other lease charges 21 880
Stock compensation expense 80 (104)
Depreciation and amortization 131 145
Amortization of operating right of use assets 569 471
Amortization of intangible assets definite-lived 36 41
Amortization of debt issue costs 27 29
Gain on the sale of assets (10) (24)
Provision for bad debt 7 53
Bad debt on notes receivable 114 0
Gain on forgiveness of PPP loan (657) 0
Deferred income tax 0 4,060
Changes in operating assets and liabilities:    
Accounts receivable 47 132
Notes receivable (119) 104
Deferred contract charges 33 (6)
Inventories 0 7
Prepaid expenses and other (22) 167
Deposits and other 5 0
Accounts payable - trade 198 46
Accounts payable - lease termination impairments (428) (985)
Accrued expenses 149 (46)
Other current liabilities 46 0
Operating lease liability (793) (494)
Deferred revenue 582 (581)
Other long-term liabilities (51) (22)
Cash provided by/(used in) operating activities 1,485 (360)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments received on notes receivable 47 123
Proceeds from sale of assets 1 0
Purchase of intangible assets definite-lived (74) 0
Purchase of property, plant and equipment (212) (56)
Cash provided by/(used in) investing activities (238) 67
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from sale of stock 3,761 357
Equity issuance costs - ATM offering (131) (15)
Proceeds from PPP loan 0 657
Short term loan, current 250 0
Cash provided by financing activities 3,880 999
Net increase/(decrease) in cash, cash equivalents and restricted cash 5,127 706
Cash, cash equivalents and restricted cash, beginning of period 3,203 2,497
Cash, cash equivalents and restricted cash, end of period 8,330 3,203
Reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheets    
Cash and cash equivalents 8,330 2,969
Restricted cash 0 234
Cash, cash equivalents and restricted cash, end of period 8,330 3,203
CASH PAID FOR:    
Interest 64 66
Income taxes 23 18
Non-cash activities:    
Conversion of notes to common shares 0 64
Operating lease right of use assets at adoption 0 4,150
Operating lease liability at adoption 0 4,894
Gain on forgiveness of PPP loan $ 657 $ 0