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ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Jun. 29, 2025
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract] |
Financial Assets and Liabilities Measured at Fair Value | The following table summarizes the Company’s financial assets and financial liabilities measured at fair value (in thousands):
|  | June 29, 2025 |  | June 30, 2024
Fair Value Measurements |  |  | Level 1 |  |  |  | Level 2 |  |  |  | Level 3 |  |  |  | Total |  |  |  | Level 1 |  |  |  | Level 2 |  |  |  | Level 3 |  |  |  | Total |
U.S. Treasury bills |  | $ | 7,024 |  |  | $ | — |  |  | $ | — |  |  |  | 7024 |  |  | $ | 4,945 |  |  | $ | — |  |  | $ | — |  |  | $ | 4,945 |
|  | $ | 7,024 |  |  | $ | — |  |  | $ | — |  |  | $ | 7,024 |  |  | $ | 4,945 |  |  | $ | — |  |  | $ | — |  |  | $ | 4,945 |
Future Minimum Rental Payments for Guaranteed Leases | Future minimum rental payments for guaranteed leases with initial or remaining terms of one year or more at June 29, 2025 were as follows (in thousands):
| Guaranteed Leases
2026 | $ | 108 |
2027 |  | 87 |
2028 |  | 87 |
| $ | 282 |
Allowance for Credit Losses | Changes in the allowance for credit losses consisted of the following (in thousands):
|  | June 29, 2025 |  |  |  | June 30, 2024 |
Balance at beginning of year | $ | 57 |  |  | $ | 58 |
Provision (recovery) for credit losses |  | (21 | ) |  |  | 69 |
Amounts written off |  | (5 | ) |  |  | (70 | )
Ending balance | $ | 31 |  |  | $ | 57 |
Notes Receivable | The expected principal collections on notes receivable for the next three years are as follows as of June 29, 2025 (in thousands):
| Notes Receivable |
2026 | $ | 46 |
2027 |  | 42 |
2028 |  | 32 |
| $ | 120 |
Revenues | Total revenues consist of the following (in thousands):
|  | Fiscal Year Ended |
|  | June 29, 2025 |  |  |  | June 30, 2024 |  |  |  | June 25, 2023 |
Franchise royalties | $ | 4,620 |  |  | $ | 4,844 |  |  | $ | 4,978 |
Supplier and distributor incentive revenues |  | 4,940 |  |  |  | 4,833 |  |  |  | 4,418 |
Franchise license fees |  | 153 |  |  |  | 281 |  |  |  | 152 |
Area development exclusivity fees and foreign master license fees |  | 13 |  |  |  | 15 |  |  |  | 18 |
Advertising fund contributions |  | 2,031 |  |  |  | 1,814 |  |  |  | 1,943 |
Supplier convention funds |  | 217 |  |  |  | 217 |  |  |  | 172 |
Rental income |  | 53 |  |  |  | 131 |  |  |  | 186 |
Other |  | 12 |  |  |  | 15 |  |  |  | 22 |
| $ | 12,039 |  |  | $ | 12,150 |  |  | $ | 11,889 |
Changes Deferred Franchise and Development Fees | The following table reflects the changes in deferred franchise and development fees for the fiscal years ended on June 29, 2025 and June 30, 2024 (in thousands):
|  | June 29, 2025 |  |  |  | June 30, 2024 |
Beginning balance | $ | 549 |  |  | $ | 718 |
Additions |  | 77 |  |  |  | 127 |
Amount recognized to franchise revenues |  | (166 | ) |  |  | (296 | )
Ending balance | $ | 460 |  |  | $ | 549 |
Franchise and Development Fees | The following table illustrates franchise and development fees expected to be recognized in the future related to performance obligations that were unsatisfied or partially satisfied as of June 29, 2025 (in thousands):
Fiscal Year |  | Franchise and Development Fees Revenue Recognition |
2026 | $ | 76 |
2027 |  | 59 |
2028 |  | 52 |
2029 |  | 50 |
2030 |  | 39 |
Thereafter |  | 184 |
| $ | 460 |

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