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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
Mar. 30, 2024
Dec. 30, 2023
Current Assets:    
Cash and cash equivalents $ 22,872,200 $ 13,361,500
Restricted cash   25,000
Receivables, less allowance for credit losses of $600 and $600 1,688,600 1,475,300
Net investment in leases - current 34,100 75,100
Income tax receivable   31,400
Inventories 420,900 386,100
Prepaid expenses 1,265,600 1,392,100
Total current assets 26,281,400 16,746,500
Property and equipment:    
Property and equipment, net 1,649,400 1,669,800
Operating lease right of use asset 2,351,700 2,425,900
Intangible assets, net 2,905,800 2,994,300
Goodwill 607,500 607,500
Other assets 487,800 471,300
Deferred income taxes 4,052,400 4,052,400
Total assets 38,336,000 28,967,700
Current Liabilities:    
Notes payable, net of unamortized debt issuance costs of $32,100 and $32,100 4,217,900 4,217,900
Accounts payable 1,296,300 1,719,400
Income tax payable 2,469,000  
Accrued liabilities 4,734,000 2,858,200
Deferred revenue 1,657,300 1,666,100
Total current liabilities 14,374,500 10,461,600
Long-term Liabilities:    
Line of credit/Term loan 30,000,000 30,000,000
Notes payable, net of unamortized debt issuance costs of $80,700 and $88,700 33,794,300 34,848,800
Deferred revenue 7,744,400 7,657,500
Operating lease liabilities 3,566,600 3,715,800
Other liabilities 1,435,300 1,440,100
Total long-term liabilities 76,540,600 77,662,200
Shareholders' Equity (Deficit):    
Common stock, no par value, 10,000,000 shares authorized, 3,497,430 and 3,496,977 shares issued and outstanding 8,324,700 7,768,800
Retained earnings (accumulated deficit) (60,903,800) (66,924,900)
Total shareholders' equity (deficit) (52,579,100) (59,156,100)
Total liabilities and shareholders' equity (deficit) $ 38,336,000 $ 28,967,700