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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 28, 2025
Mar. 31, 2025
CURRENT ASSETS    
Cash and cash equivalents (Note E) $ 32,175 $ 27,802
Accounts and other receivables, net (Note G) 21,613 14,064
Inventories 945 1,221
Prepaid expenses and other current assets (Note H) 683 2,048
Total current assets 55,416 45,135
Property and equipment, net of accumulated depreciation of $12,672 and $12,295, respectively 2,013 2,114
Operating lease right-of-use assets, net (Note Q) 4,242 4,987
Goodwill 95 95
Intangible asset, net (Note I) 435 522
Deferred income taxes 570 510
Other assets 96 113
Total assets 62,867 53,476
CURRENT LIABILITIES    
Current portion of long-term debt (Note P) 2,400 2,400
Accounts payable 8,142 6,163
Accrued expenses and other current liabilities (Note K) 5,010 5,969
Current portion of operating lease liabilities (Note Q) 1,933 1,923
Deferred franchise fees 250 309
Total current liabilities 17,735 16,764
Long-term debt, net of unamortized debt issuance costs of $291 and $327, respectively (Note P) 46,909 48,073
Long-term portion of operating lease liabilities (Note Q) 2,631 3,528
Other liabilities 864 927
Deferred franchise fees 631 697
Total liabilities 68,770 69,989
STOCKHOLDERS’ DEFICIT    
Common stock, $.01 par value; 30,000,000 shares authorized; 9,379,025 shares issued; and 4,089,510 shares outstanding at September 28, 2025 and March 30, 2025 94 94
Additional paid-in capital 64,064 63,492
Retained earnings 16,601 6,563
Stockholders’ equity before treasury stock 80,759 70,149
Treasury stock, at cost, 5,289,515 shares at September 28, 2025 and March 30, 2025 (86,662) (86,662)
Total stockholders’ deficit (5,903) (16,513)
Total liabilities and stockholders’ deficit $ 62,867 $ 53,476