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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 26, 2023
Jun. 26, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 3,867 $ 7,723
Accounts receivable, less allowance for bad debts of $59 and $27, respectively 1,492 1,981
Notes receivable, current 165 172
Property held for sale 19 0
Deferred contract charges, current 32 36
Prepaid expenses and other current assets 181 146
Total current assets 5,756 10,058
LONG-TERM ASSETS    
Property, plant and equipment, net 283 365
Operating lease right of use asset, net 1,337 1,664
Intangible assets definite-lived, net 302 232
Notes receivable, net of current portion 96 201
Deferred tax asset, net 5,500 5,772
Deferred contract charges, net of current portion 216 224
Total assets 13,490 18,516
CURRENT LIABILITIES    
Accounts payable - trade 465 669
Accrued expenses 747 1,082
Other current liabilities 1 81
Operating lease liability, current 481 490
Short term loan 0 30
Deferred revenues, current 342 538
Total current liabilities 2,036 2,890
LONG-TERM LIABILITIES    
Operating lease liability, net of current portion 1,066 1,421
Deferred revenues, net of current portion 718 793
Total liabilities 3,820 5,104
COMMITMENTS AND CONTINGENCIES (SEE NOTE D)
SHAREHOLDERS' EQUITY    
Common stock, $0.01 par value; authorized 26,000,000 shares; issued 25,090,058 and 25,090,058 shares, respectively; outstanding 14,154,453 and 17,511,430 shares, respectively 251 251
Additional paid-in capital 37,643 37,384
Retained earnings 1,804 826
Treasury stock at cost Shares in treasury: 10,935,605 and 7,578,628 respectively (30,028) (25,049)
Total shareholders' equity 9,670 13,412
Total liabilities and shareholders' equity $ 13,490 $ 18,516