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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Dec. 27, 2020
Dec. 29, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 178 $ 251
Adjustments to reconcile net income to cash (used in) provided by operating activities:    
Impairment of long-lived assets and other lease charges 21 341
Stock compensation expense 0 (85)
Depreciation and amortization 87 96
Amortization of right of use assets 293 230
Amortization of debt issue costs 13 15
Gain on the sale of assets 0 (11)
Provision for bad debt 115 28
Deferred income tax 0 60
Changes in operating assets and liabilities:    
Restricted cash (1) 0
Accounts receivable (69) 126
Notes receivable (102) 0
Deferred contract charges 8 (2)
Inventories 0 1
Prepaid expenses and other (87) 59
Deposits and other 5 0
Accounts payable - trade 203 (35)
Accounts payable - lease termination impairments (428) (658)
Accrued expenses 17 (2)
Operating lease liability (307) (241)
Deferred revenue (253) (505)
Deferred rent and other 0 (21)
Cash used in operating activities (307) (353)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments received on notes receivable from fixed asset sales 26 108
Purchase of property, plant and equipment (26) (47)
Cash provided by investing activities 0 61
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from sale of stock 3,761 0
Equity issuance costs (130) (1)
Cash (used in) provided by financing activities 3,631 (1)
Net (decrease)/increase in cash, cash equivalents and restricted cash 3,324 (293)
Cash, cash equivalents and restricted cash, beginning of period 3,203 2,264
Cash, cash equivalents and restricted cash, end of period 6,527 1,971
CASH PAID FOR:    
Interest 0 2
Income taxes 16 18
Non-cash activities:    
Conversion of notes to common shares 0 64
Operating lease right of use assets at adoption of ASC 842 0 3,428
Operating lease liability at adoption of ASC 842 $ 0 $ 3,875