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PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS
12 Months Ended
Jun. 25, 2023
PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS [Abstract]  
PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS
NOTE B - PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS:


Property and equipment consist of the following (in thousands):


Estimated
Useful Lives
 
June 25,
2023
   
June 26,
2022
 
               
Equipment, furniture and fixtures
3 - 7 yrs
 
$
1,114
   
$
1,080
 
Software
5 yrs
   
     
792
 
Leasehold improvements
10 yrs or lease term, if shorter
   
472
     
472
 
       
1,586
     
2,344
 
Less:  accumulated depreciation/amortization
     
(1,328
)
   
(1,979
)
        
$
258
   
$
365
 


Depreciation and amortization expense for property and equipment was approximately $141 thousand and $140 thousand for the fiscal years ended June 25, 2023 and June 26, 2022, respectively.


Intangible assets consist of the following (in thousands):

     
June 25,
2023
 
June 26,
2022
 

Estimated
Useful Lives
 
Acquisition
Cost
 
Accumulated
Amortization
 
Net
Value
 
Acquisition
Cost
 
Accumulated
Amortization
 
Net
Value
 
                             
Trademarks and tradenames
10 years
   
$
278
   
$
(248
)
 
$
30
   
$
279
   
$
(233
)
 
$
46
 
Name change
15 years
     
70
     
(39
)
   
31
     
70
     
(35
)
   
35
 
Prototypes
5 years
     
339
     
(72
)
   
267
     
170
     
(19
)
   
151
 
              
$
687
   
$
(359
)
 
$
328
   
$
519
   
$
(287
)
 
$
232
 


Amortization expense for intangible assets was approximately $73 thousand and $47 thousand for the fiscal years ended June 25, 2023 and June 26, 2022, respectively.