PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSETS

12 Months Ended

Jun. 28, 2020

PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSETS [Abstract]

PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSETS

NOTE B – PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSETS:

Property, and plant and equipment consist of the following (in thousands):

	Estimated Useful Lives	June 28 2020			June 30, 2019
Equipment, furniture and fixtures	3 - 7 yrs	$	808		$	867
Software	5 yrs		809			810
Leasehold improvements	10 yrs or lease term, if shorter		472			434
			2,089			2,111
Less:  accumulated depreciation/amortization			(1,723	)		(1,611	)
		$	366		$	500

Depreciation and amortization expense was approximately $0.2 million and $0.5 million for the fiscal years ended June 28, 2020 and June 30, 2019, respectively.

Intangible assets consist of the following (in thousands):

		June 28, 2020							June 30, 2019
	Estimated Useful Lives	Acquisition Cost		Accumulated Amortization			Net Value		Acquisition Cost		Accumulated Amortization			Net Value
Trademarks and tradenames	10 years	$	278	$	(181	)	$	97	$	278	$	(153	)	$	125
Name change	15 years		70		(25	)		45		70		(21	)		49
Prototypes	5 years		230		(217	)		13		230		(208	)		22
		$	578	$	(423	)	$	155	$	578	$	(382	)	$	196

Amortization expense for intangible assets was approximately $41 thousand and $43 thousand for the fiscal years ended June 28, 2020 and June 30, 2019, respectively.