EMPLOYEE RETENTION CREDIT

12 Months Ended

Jun. 29, 2025

EMPLOYEE RETENTION CREDIT [Abstract]

EMPLOYEE RETENTION CREDIT

NOTE D - EMPLOYEE RETENTION CREDIT:

On December 27, 2020, the Consolidated Appropriations Act of 2021 (the “CAA”) was signed into law. The CAA expanded eligibility for an employee retention credit for companies impacted by the COVID-19 pandemic with fewer than five hundred employees and at least a twenty percent decline in gross receipts compared to the same quarter in 2019, to encourage retention of employees. This payroll tax credit was a refundable tax credit against certain federal employment taxes. For the fiscal year ended June 26, 2022, the Company recorded $0.7 million of other income for the employee retention credit. The Company had $0.1 million outstanding and included within accounts receivable as of June 30, 2024 for the employee retention credit. The Company received $0.1 million and the full amount of employee retention credit has been received as of June 29, 2025, and no balance remains outstanding.