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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 25, 2023
Jun. 26, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 1,613 $ 8,022
Adjustments to reconcile net income to cash provided by operating activities:    
Impairment of long-lived assets and other lease charges 5 6
Stock-based compensation expense 345 169
Depreciation and amortization 141 140
Amortization of operating right of use assets 437 421
Amortization of intangible assets definite-lived 73 47
Amortization of debt issue costs 0 21
Allowance for bad debts 73 46
Deferred income tax 430 (5,772)
Changes in operating assets and liabilities:    
Accounts receivable 763 (1,116)
Notes receivable 28 80
Deferred contract charges 7 (18)
Prepaid expenses and other (58) 50
Accounts payable - trade (167) 25
Accrued expenses (272) 158
Other current liabilities 0 35
Operating lease liability (490) (465)
Deferred revenues (299) (465)
Cash provided by operating activities 2,629 1,384
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments received on notes receivable 212 500
Proceeds from sale of assets 7 0
Purchase of intangible assets definite-lived (169) (96)
Purchase of property and equipment (65) (66)
Cash (used in)/provided by investing activities (15) 338
CASH FLOWS FROM FINANCING ACTIVITIES:    
Purchase of treasury stock (4,979) (512)
Payment of convertible notes 0 (1,597)
Payments on short term loan (30) (220)
Cash used in financing activities (5,009) (2,329)
Net decrease in cash and cash equivalents (2,395) (607)
Cash and cash equivalents, beginning of period 7,723 8,330
Cash and cash equivalents, end of period 5,328 7,723
CASH PAID FOR:    
Interest 1 64
Income taxes (net of refunds) $ 87 $ 31