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STOCK-BASED COMPENSATION PLANS (Tables)
12 Months Ended
Jun. 30, 2024
STOCK-BASED COMPENSATION PLANS [Abstract]  
Summary of Stock Options

A summary of stock option transactions under all of the Company’s stock option plans and information about fixed-price stock options is as follows:

   
Fiscal Year Ended
    Fiscal Year Ended  
    June 30, 2024     June 25, 2023     June 30, 2024     June 25, 2023  
   
Shares
    Shares    
Weighted-
Average
Exercise Price
   
Weighted-
Average
Exercise Price
 
Outstanding at beginning of year
   
151,750
      111,750    
$
5.19
   
$
6.67
 
                                 
Granted
   
      40,000      
     
1.06
 
Exercised
   
           
     
 
Forfeited/Canceled/Expired
   
(37,464
)
         
(6.12
)
   
 
                                 
Outstanding at end of year
   
114,286
      151,750    
$
4.89
   
$
5.19
 
                                 
Exercisable at end of year
   
114,286
      111,750    
$
4.89
   
$
6.67
 
Information on Options Outstanding and Options Exercisable

The following table provides information on options outstanding and options exercisable as of June 30, 2024:

     
Options Outstanding
   
Options Exercisable
 
Range of
Exercise Prices
   
Options
Outstanding
at June 30, 2024
   
Weighted-Average
Remaining
Contractual
Life (Years)
   
Weighted-
Average
Exercise Price
   
Shares
Exercisable
at June 30, 2024
   
Weighted-
Average
Exercise Price
 
                                 
$ 1.00 - 1.90       40,000       7.99     $ 1.06       40,000     $ 1.06  
$
3.31 - 3.95
     
50,000
     
1.99
   
$
3.95
     
50,000
   
$
3.95
 
$
6.26 - 13.11
     
24,286
     
1.01
   
$
13.11
     
24,286
   
$
13.11
 
         
114,286
     
3.88
   
$
4.89
     
114,286
   
$
4.89
 
Fair Value of Stock Option Assumptions

The following assumptions were used to estimate the fair value of stock options for the years ended:

   
June 30,
2024
   
June 25,
2023
 
Fair value of awards
 
$
   
$
1.06
 
Risk-free interest rate
   
0.0
%
   
2.9
%
Dividend yield
 
$
   
$
 
Volatility factor
   
0.0
%
   
79.6
%
Expected life
 
0.0 Years
   
5.5 Years
 
Summary of Restricted Stock Units

A summary of the status of restricted stock units as of June 30, 2024 and June 25, 2023, and changes during the fiscal years then ended is presented below:


   
June 30,
2024
   
June 25,
2023
 
Unvested at beginning of year
   
885,687
     
885,687
 
Performance adjustment     (58,035 )      
Granted during the year
   
131,460
     
 
Vested during the year
   
(588,589
)
   
 
Forfeited during the year
   
(101,460
)
   
 
Unvested at end of year
   
269,063
     
885,687