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INCOME TAXES (Tables)
12 Months Ended
Jun. 26, 2022
INCOME TAXES [Abstract]  
Benefit from Income Taxes

Benefit from income taxes from continuing operations consists of the following (in thousands):

   
Fiscal Year Ended
 
   
June 26,
2022
   
June 27,
2021
 
Current - Federal
 
$
   
$
 
Current - State
   
(115
)
   
29
 
Deferred - Federal
   
5,537
     
 
Deferred - State
   
235
     
 
Benefit from income taxes
 
$
5,657
   
$
29
 
Effective Income Tax Rate Reconciliation

The effective income tax rate varied from the statutory rate for the fiscal years ended June 26, 2022 and June 27, 2021 as reflected below (in thousands):

   
June 26,
2022
   
June 27,
2021
 
Federal income taxes based on a statutory rate of 21%
 
$
(496
)
 
$
(313
)
State income taxes (net of federal benefit)
   
127
     
23
 
Permanent adjustments
   
     
(5
)
PPP loan forgiveness
   
     
138
 
Change in valuation allowance
   
6,052
     
190
 
Other
    (26 )    
(4
)
Income tax benefit  
$
5,657
   
$
29
 
Deferred Tax Assets

The tax effects of temporary differences that give rise to the net deferred tax assets consisted of the following (in thousands):

   
June 26,
2022
   
June 27,
2021
 
Allowance for bad debt
 
$
6
   
$
10
 
Deferred fees
   
45
     
34
 
Other reserves and accruals
   
652
     
542
 
Operating lease liabilities
   
444
     
525
 
Depreciable assets
           
Credit carryforwards
   
156
     
197
 
Net operating loss carryforwards
   
4,987
     
5,563
 
Total gross deferred tax asset
   
6,290
     
6,871
 
Valuation allowance
   
     
(6,307
)
Total deferred tax assets
 
$
6,290
   
$
564
 

Right-of-use asset
   
(387
)
   
(461
)
Other deferred tax liabilities
   
(131
)
   
(103
)
Total deferred tax liabilities
 
$
(518
)
 
$
(564
)

Net deferred tax asset
 
$
5,772
   
$