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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Jun. 25, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 2,886 $ 5,328
Short term investments 4,945 0
Accounts receivable, less allowance for credit losses of $57 and $58, respectively 1,411 1,145
Notes receivable, current 68 105
Assets held for sale 33 19
Deferred contract charges, current 26 33
Prepaid expenses and other current assets 167 204
Total current assets 9,536 6,834
LONG-TERM ASSETS    
Property and equipment, net 182 258
Operating lease right of use assets, net 817 1,227
Intangible assets definite-lived, net 252 328
Notes receivable, net of current portion 79 28
Deferred tax asset, net 4,756 5,342
Deferred contract charges, net of current portion 197 220
Total assets 15,819 14,237
CURRENT LIABILITIES    
Accounts payable - trade 359 502
Accrued expenses 915 890
Operating lease liabilities, current 402 464
Deferred revenues, current 343 342
Total current liabilities 2,019 2,198
LONG-TERM LIABILITIES    
Operating lease liabilities, net of current portion 555 958
Deferred revenues, net of current portion 543 690
Total liabilities 3,117 3,846
COMMITMENTS AND CONTINGENCIES (SEE NOTE I)
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 37,563 37,729
Retained earnings 4,912 2,439
Treasury stock, at cost Shares in treasury: 10,935,605 and 10,935,605 respectively (30,028) (30,028)
Total shareholders' equity 12,702 10,391
Total liabilities and shareholders' equity $ 15,819 $ 14,237