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PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS | 12 Months Ended
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Jun. 25, 2023
PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS [Abstract] |
PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS | NOTE B - PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS: Property and equipment consist of the following (in thousands):
| Estimated Useful Lives |  | June 25, 2023 |  |  | June 26, 2022 |
Equipment, furniture and fixtures | 3 - 7 yrs |  | $ | 1,114 |  |  | $ | 1,080 |
Software | 5 yrs |  |  | — |  |  |  | 792 |
Leasehold improvements | 10 yrs or lease term, if shorter |  |  | 472 |  |  |  | 472 |
|  |  |  | 1,586 |  |  |  | 2,344 |
Less: accumulated depreciation/amortization |  |  |  | (1,328 | ) |  |  | (1,979 | )
|  |  | $ | 258 |  |  | $ | 365 |
Depreciation and amortization expense for property and equipment was approximately $141 thousand and $140 thousand for the fiscal years ended June 25, 2023 and June 26, 2022, respectively. Intangible assets consist of the following (in thousands):
|  |  | June 25, 2023 |  | June 26, 2022 |
| Estimated Useful Lives |  | Acquisition Cost |  | Accumulated Amortization |  | Net Value |  | Acquisition Cost |  | Accumulated Amortization |  | Net Value |
Trademarks and tradenames | 10 years |  |  | $ | 278 |  |  | $ | (248 | ) |  | $ | 30 |  |  | $ | 279 |  |  | $ | (233 | ) |  | $ | 46 |
Name change | 15 years |  |  |  | 70 |  |  |  | (39 | ) |  |  | 31 |  |  |  | 70 |  |  |  | (35 | ) |  |  | 35 |
Prototypes | 5 years |  |  |  | 339 |  |  |  | (72 | ) |  |  | 267 |  |  |  | 170 |  |  |  | (19 | ) |  |  | 151 |
|  |  |  | $ | 687 |  |  | $ | (359 | ) |  | $ | 328 |  |  | $ | 519 |  |  | $ | (287 | ) |  | $ | 232 |
Amortization expense for intangible assets was approximately $73 thousand and $47 thousand for the fiscal years ended June 25, 2023 and June 26, 2022, respectively.

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- Definition The entire disclosure for intangible assets and long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//360/tableOfContent Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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