Segment Reporting

9 Months Ended

Mar. 29, 2026

Segment Reporting [Abstract]

Segment Reporting

Note G - Segment Reporting

The Company has three reportable operating segments as determined by management using the “management approach” as defined by ASC 280 Disclosures about Segments of an Enterprise and Related Information: (1) Pizza Inn Franchising, (2) Pie Five Franchising and (3) Corporate administration and other. These segments are a result of differences in the nature of the products and services sold. Corporate administration costs, which include, but are not limited to, general accounting, human resources, legal and credit and collections, are partially allocated to the three operating segments. The Company's chief operating decision maker (“CODM”) is the chief executive officer, who assesses segment performance primarily based on operating revenues and income before taxes to inform decisions regarding resource allocation. In addition, the CODM uses segment income to evaluate investment opportunities and strategic priorities across the Company's brands.

The Pizza Inn and Pie Five Franchising segments establish franchisees, licensees and territorial rights. Revenues for these segments are derived from franchise royalties, franchise fees, sale of area development and foreign master license rights and incentive payments from third-party suppliers and distributors. Assets for these segments include equipment, furniture and fixtures.

Corporate administration and other assets primarily include cash and short-term investments, as well as furniture and fixtures located at the corporate office and trademarks and other intangible assets. All assets are located within the United States.

Summarized in the following tables are revenues, expenses, operating income, and income before taxes for the Company’s reportable segments as of the three and nine months ended March 29, 2026 and March 30, 2025 (in thousands):

	Pizza Inn				Pie Five
	Franchising				Franchising				Corporate						Total
	Three Months Ended				Three Months Ended				Three Months Ended						Three Months Ended
		March 29,		March 30,		March 29,		March 30,		March 29,			March 30,			March 29,		March 30,
		2026		2025		2026		2025		2026			2025			2026		2025
REVENUES:
Franchise royalties	$	1,065	$	996	$	119	$	160	$	-		$	-		$	1,184	$	1,156
Supplier and distributor incentive revenues		1,384		1,165		65		65		-			-			1,449		1,230
Franchise license fees		23		35		4		17		-			-			27		52
Area development exclusivity fees and foreign master license fees		3		2		-		1		-			-			3		3
Advertising fund contributions		510		463		38		51		-			-			548		514
Supplier convention funds		-		-		-		-		-			-			-		-
Rental income		-		-		-		-		-			7			-		7
Other franchise revenue		-		-		12		4		-			-			12		4
Total revenues		2,985		2,661		238		298		-			7			3,223		2,966
COSTS AND EXPENSES:
General and administrative expenses		-		-		-		-		1,468			1,313			1,468		1,313
Franchise expenses		686		671		61		97		-			-			747		768
Provision for credit losses		-		-		-		-		9			(14	)		9		(14	)
Depreciation and amortization expense		-		-		-		-		42			44			42		44
Total costs and expenses		686		671		61		97		1,519			1,343			2,266		2,111
OPERATING INCOME		2,299		1,990		177		201		(1,519	)		(1,336	)		957		855
Interest income		-		-		-		-		98			84			98		84
Other income		-		-		-		-		-			11			-		11
Total other income		-		-		-		-		98			95			98		95
INCOME/(LOSS) BEFORE TAXES		2,299		1,990		177		201		(1,421	)		(1,241	)		1,055		950
Income tax expense		-		-		-		-		255			228			255		228
NET INCOME/(LOSS)	$	2,299	$	1,990	$	177	$	201	$	(1,676	)	$	(1,469	)	$	800	$	722

	Pizza Inn				Pie Five
	Franchising				Franchising				Corporate						Total
	Nine Months Ended				Nine Months Ended				Nine Months Ended						Nine Months Ended
		March 29,		March 30,		March 29,		March 30,		March 29,			March 30,			March 29,		March 30,
		2026		2025		2026		2025		2026			2025			2026		2025
REVENUES:
Franchise royalties	$	3,107	$	2,929	$	388	$	491	$	-		$	-		$	3,495	$	3,420
Supplier and distributor incentive revenues		3,912		3,371		173		207		-			-			4,085		3,578
Franchise license fees		58		76		12		40		-			-			70		116
Area development exclusivity fees and foreign master license fees		7		7		2		3		-			-			9		10
Advertising fund contributions		1,474		1,321		124		159		-			-			1,598		1,480
Supplier convention funds		209		217		-		-		-			-			209		217
Rental income		-		-		-		-		-			53			-		53
Other franchise revenue		-		-		12		11		-			-			12		11
Total revenues		8,767		7,921		711		911		-			53			9,478		8,885
COSTS AND EXPENSES:		-		-		-		-		-			-			-		-
General and administrative expenses		-		-		-		-		4,365			4,047			4,365		4,047
Franchise expenses		2,345		2,284		171		308		-			-			2,516		2,592
Provision (recovery) for credit losses		-		-		-		-		20			(22	)		20		(22	)
Depreciation and amortization expense		-		-		-		-		126			140			126		140
Total costs and expenses		2,345		2,284		171		308		4,511			4,165			7,027		6,757
OPERATING INCOME		6,422		5,637		540		603		(4,511	)		(4,112	)		2,451		2,128
Interest income		-		-		-		-		280			253			280		253
Other Income		-		-		-		-		17			15			17		15
Total other income		-		-		-		-		297			268			297		268
INCOME/(LOSS) BEFORE TAXES		6,422		5,637		540		603		(4,214	)		(3,844	)		2,748		2,396
Income tax expense		-		-		-		-		666			541			666		541
NET INCOME/(LOSS)	$	6,422	$	5,637	$	540	$	603	$	(4,880	)	$	(4,385	)	$	2,082	$	1,855