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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 24, 2023
Jun. 25, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 5,306 $ 5,328
Accounts receivable, less allowance for bad debts of $23 and $58, respectively 1,193 1,145
Notes receivable, current 82 105
Assets held for sale 37 19
Deferred contract charges, current 30 33
Prepaid expenses and other current assets 458 204
Total current assets 7,106 6,834
LONG-TERM ASSETS    
Property and equipment, net 208 258
Operating lease right of use assets, net 1,008 1,227
Intangible assets definite-lived, net 294 328
Notes receivable, net of current portion 61 28
Deferred tax asset, net 5,271 5,342
Deferred contract charges, net of current portion 212 220
Total assets 14,160 14,237
CURRENT LIABILITIES    
Accounts payable - trade 653 502
Accrued expenses 449 891
Operating lease liabilities, current 432 463
Deferred revenues, current 163 342
Total current liabilities 1,697 2,198
LONG-TERM LIABILITIES    
Operating lease liabilities, net of current portion 740 958
Deferred revenues, net of current portion 622 690
Total liabilities 3,059 3,846
COMMITMENTS AND CONTINGENCIES (SEE NOTE C)
SHAREHOLDERS' EQUITY    
Common stock, $0.01 par value; authorized 26,000,000 shares; issued 25,522,171 and 25,090,058 shares, respectively; outstanding 14,586,566 and 14,154,453 shares, respectively 255 251
Additional paid-in capital 37,496 37,729
Retained earnings 3,378 2,439
Treasury stock, at cost Shares in treasury: 10,935,605 and 10,935,605 respectively (30,028) (30,028)
Total shareholders' equity 11,101 10,391
Total liabilities and shareholders' equity $ 14,160 $ 14,237