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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 26, 2017
Jun. 26, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 2,373 $ 873
Accounts receivable, less allowance for bad debts accounts of $471 and $198, respectively 2,576 2,780
Notes receivable 85 167
Inventories 132 197
Income tax receivable 194 194
Property held for sale 811 0
Prepaid expenses and other 727 430
Total current assets 6,898 4,641
LONG-TERM ASSETS    
Property, plant and equipment, net 4,427 12,979
Long-term notes receivable 206 382
Deposits and other 463 503
Total assets 11,994 18,505
CURRENT LIABILITIES    
Accounts payable - trade 4,327 3,815
Short-term debt 1,000 0
Accrued expenses 1,331 1,220
Deferred rent 192 160
Deferred revenues 386 304
Total current liabilities 7,236 5,499
LONG-TERM LIABILITIES    
Convertible notes 2,758 0
Deferred rent, net of current portion 1,511 1,710
Deferred revenues, net of current portion 1,375 1,440
Other long-term liabilities 21 453
Total liabilities 12,901 9,102
COMMITMENTS AND CONTINGENCIES (See Note 3)
SHAREHOLDERS' EQUITY    
Common stock, $.01 par value; authorized 26,000,000 shares; issued 17,775,951 and 17,460,951 shares, respectively; outstanding 10,656,551 and 10,341,551 shares, respectively 178 175
Additional paid-in capital 26,848 25,778
Retained earnings (accumulated deficit) (3,297) 8,086
Treasury stock at cost Shares in treasury: 7,119,400 (24,636) (24,636)
Total shareholders' equity (907) 9,403
Total liabilities and shareholders' equity $ 11,994 $ 18,505