XML 16 R6.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Mar. 26, 2023
Mar. 27, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 978 $ 1,235
Adjustments to reconcile net income to cash provided by operating activities:    
Impairment of long-lived assets and other lease charges 5 0
Stock-based compensation expense 259 127
Depreciation and amortization 105 105
Amortization of operating right of use assets 327 314
Amortization of intangible assets definite-lived 53 33
Amortization of debt issue costs 0 21
Allowance for bad debts 37 9
Deferred income tax 272 0
Changes in operating assets and liabilities:    
Accounts receivable 452 (273)
Notes receivable 22 28
Deferred contract charges 12 (17)
Prepaid expenses and other (35) 65
Accounts payable - trade (204) (29)
Accrued expenses (415) (175)
Operating lease liability (364) (347)
Deferred revenues (271) (571)
Cash provided by operating activities 1,233 525
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments received on notes receivable 90 240
Proceeds from sale of assets 5 0
Purchase of intangible assets definite-lived (123) (46)
Purchase of property, plant and equipment (52) (25)
Cash (used in)/provided by investing activities (80) 169
CASH FLOWS FROM FINANCING ACTIVITIES:    
Purchase of treasury stock (4,979) 0
Payment of convertible notes 0 (1,597)
Payments on short term loan (30) (190)
Cash used in financing activities (5,009) (1,787)
Net decrease in cash and cash equivalents (3,856) (1,093)
Cash and cash equivalents, beginning of period 7,723 8,330
Cash and cash equivalents, end of period 3,867 7,237
CASH PAID FOR:    
Income taxes $ 90 $ 8