XML 14 R3.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 26, 2021
Jun. 27, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 7,876 $ 8,330
Accounts receivable, less allowance for bad debts of $25 and $47, respectively 832 911
Notes receivable, current 568 901
Deferred contract charges, current 33 35
Prepaid expenses and other 150 196
Total current assets 9,459 10,373
LONG-TERM ASSETS    
Property, plant and equipment, net 420 445
Operating lease right of use asset, net 1,981 2,085
Intangible assets definite-lived, net 202 183
Notes receivable, net of current portion 302 52
Deferred contract charges, net of current portion 212 207
Total assets 12,576 13,345
CURRENT LIABILITIES    
Accounts payable - trade 521 644
Accrued expenses 500 924
Other current liabilities 46 46
Operating lease liability, current 470 465
Short term loan, current 120 250
Convertible notes short term, net of unamortized debt issuance costs and discounts 1,583 1,576
Deferred revenues, current 648 626
Total current liabilities 3,888 4,531
LONG-TERM LIABILITIES    
Operating lease liability, net of current portion 1,792 1,911
Deferred revenues, net of current portion 836 1,170
Total liabilities 6,516 7,612
COMMITMENTS AND CONTINGENCIES (SEE NOTE D)
SHAREHOLDERS' EQUITY    
Common stock, $.01 par value; authorized 26,000,000 shares; issued 25,090,058 and 25,090,058 shares, respectively; outstanding 18,004,904 and 18,004,904 shares, respectively 251 251
Additional paid-in capital 37,257 37,215
Accumulated deficit (6,911) (7,196)
Treasury stock at cost Shares in treasury: 7,085,154 and 7,085,154, respectively (24,537) (24,537)
Total shareholders' equity 6,060 5,733
Total liabilities and shareholders' equity $ 12,576 $ 13,345