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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 24, 2023
Jun. 25, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 5,944 $ 5,328
Accounts receivable, less allowance for bad debts of $12 and $58, respectively 1,072 1,145
Notes receivable, current 122 105
Assets held for sale 34 19
Deferred contract charges, current 31 33
Prepaid expenses and other current assets 388 204
Total current assets 7,591 6,834
LONG-TERM ASSETS    
Property and equipment, net 231 258
Operating lease right of use assets, net 1,115 1,227
Intangible assets definite-lived, net 312 328
Notes receivable, net of current portion 44 28
Deferred tax asset, net 5,234 5,342
Deferred contract charges, net of current portion 202 220
Total assets 14,729 14,237
CURRENT LIABILITIES    
Accounts payable - trade 583 502
Accrued expenses 1,172 891
Operating lease liabilities, current 446 463
Deferred revenues, current 222 342
Total current liabilities 2,423 2,198
LONG-TERM LIABILITIES    
Operating lease liabilities, net of current portion 848 958
Deferred revenues, net of current portion 602 690
Total liabilities 3,873 3,846
COMMITMENTS AND CONTINGENCIES (SEE NOTE C)
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 14,154,453 shares, respectively 251 251
Additional paid-in capital 37,808 37,729
Retained earnings 2,825 2,439
Treasury stock, at cost Shares in treasury: 10,935,605 and 10,935,605 respectively (30,028) (30,028)
Total shareholders' equity 10,856 10,391
Total liabilities and shareholders' equity $ 14,729 $ 14,237