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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 28, 2019
Dec. 29, 2018
Current Assets:    
Cash and cash equivalents $ 25,130,300 $ 2,496,000
Restricted cash 50,000 80,000
Receivables, less allowance for doubtful accounts of $1,900 and $400 1,669,500 1,553,100
Net investment in leases - current 12,800,100  
Net investment in leases - current   18,547,500
Income tax receivable 497,900 565,500
Inventories 86,000 107,600
Prepaid expenses 968,100 901,600
Total current assets 41,201,900 24,251,300
Net investment in leases - long-term 12,505,500  
Net investment in leases - long-term   20,455,500
Property and equipment:    
Furniture and equipment 3,910,900 3,518,600
Building and building improvements 2,955,100 1,466,400
Less - accumulated depreciation and amortization (4,093,400) (4,118,800)
Property and equipment, net 2,772,600 866,200
Operating lease right of use asset 3,595,200  
Goodwill 607,500 607,500
Other assets 492,500 482,600
Deferred income taxes 667,000  
Total assets 61,842,200 46,663,100
Current Liabilities:    
Notes payable, net of unamortized debt issuance costs of $13,900 and $13,900 3,736,100 3,236,100
Accounts payable 1,015,000 1,351,800
Accrued liabilities 2,783,100 3,128,600
Discounted lease rentals 2,680,700 3,021,900
Deferred revenue 1,717,000 1,744,900
Total current liabilities 11,931,900 12,483,300
Long-term Liabilities:    
Notes payable, net of unamortized debt issuance costs of $68,700 and $82,600 21,868,800 25,604,900
Discounted lease rentals 836,900 2,723,500
Deferred revenue 7,858,500 8,432,400
Operating lease liabilities 5,846,100  
Other liabilities 1,051,700 1,079,200
Deferred income taxes   1,148,300
Total long-term liabilities 37,462,000 38,988,300
Commitments and Contingencies
Shareholders' Equity (Deficit):    
Common stock, no par value, 10,000,000 shares authorized, 3,947,858 and 3,907,686 shares issued and outstanding 11,929,300 4,425,600
Retained earnings (accumulated deficit) 519,000 (9,234,100)
Total shareholders' equity (deficit) 12,448,300 (4,808,500)
Total liabilities and shareholders' equity (deficit) $ 61,842,200 $ 46,663,100