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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
Sep. 24, 2022
Dec. 25, 2021
Current Assets:    
Cash and cash equivalents $ 16,986,000 $ 11,407,000
Restricted cash 55,000 30,000
Receivables, less allowance for doubtful accounts of $700 and $600 1,633,600 1,103,400
Net investment in leases - current 839,900 2,890,600
Income tax receivable 43,400 667,500
Inventories 637,900 325,200
Prepaid expenses 1,006,100 1,008,600
Total current assets 21,201,900 17,432,300
Net investment in leases - long-term 63,600 229,300
Property and equipment, net 1,740,700 1,976,900
Operating lease right of use assets 2,796,300 2,982,000
Intangible assets, net 3,436,700  
Goodwill 607,500 607,500
Other assets 416,300 418,300
Deferred income taxes 3,467,400 3,252,700
Total assets 33,730,400 26,899,000
Current Liabilities:    
Notes payable, net of unamortized debt issuance costs of $32,100 and $17,400 4,217,900 4,232,600
Accounts payable 1,909,900 2,099,000
Accrued liabilities 3,870,000 2,001,000
Deferred revenue 1,647,000 1,645,000
Total current liabilities 11,644,800 9,977,600
Long-term Liabilities:    
Line of credit/Term loan 30,000,000  
Notes payable, net of unamortized debt issuance costs of $128,800 and $61,100 40,121,200 43,376,400
Deferred revenue 7,026,200 6,863,500
Operating lease liabilities 4,432,800 4,810,100
Other liabilities 940,500 954,800
Total long-term liabilities 82,520,700 56,004,800
Shareholders' Equity (Deficit):    
Common stock, no par value, 10,000,000 shares authorized, 3,439,832 and 3,635,806 shares issued and outstanding 382,100  
Retained earnings (accumulated deficit) (60,817,200) (39,083,400)
Total shareholders' equity (deficit) (60,435,100) (39,083,400)
Total liabilities and shareholders' equity (deficit) $ 33,730,400 $ 26,899,000