XML 27 R13.htm IDEA: XBRL DOCUMENT v3.25.2

LEASES

12 Months Ended

Jun. 29, 2025

LEASES [Abstract]

LEASES

NOTE F - LEASES:

The Company leases its 19,576 square foot corporate office facility with average annual lease payments of approximately $18.00 per square foot. This lease began on January 2, 2017 and has a ten-year term. The Company amended its lease agreement in June 2020 and has elected to defer one-half of the monthly base rent for the period from June 2020 through May 2021. As of June 29, 2025 and June 30, 2024, the unpaid balance of deferred base rent was approximately $24 thousand and $56 thousand, respectively which is included in accounts payable on the accompanying Consolidated Balance Sheets.

The components of total lease expense for the fiscal years ended June 29, 2025, June 30, 2024, and June 25, 2023, where operating lease cost is included in general and administrative expense and sublease income is included in revenues in the accompanying Consolidated Statements of Income, are as follows (in thousands):

	Fiscal Year Ended
		June 29, 2025				June 30, 2024				June 25, 2023
Operating lease cost	$	377			$	447			$	494
Sublease income		(53	)			(131	)			(186	)
Total lease expense, net of sublease income	$	324			$	316			$	308

Supplemental cash flow information related to operating leases is included in the table below (in thousands):

	Fiscal Year Ended
		June 29, 2025				June 30, 2024				June 25, 2023
Cash paid for amounts included in the measurement of lease liabilities	$	429			$	511			$	558

Weighted average remaining lease term and weighted average discount rate for operating leases are as follows:

	Fiscal Year Ended
		June 29, 2025				June 30, 2024
Weighted average remaining lease term		1.6 Years				1.5 Years
Weighted average discount rate		4.2	%			4.0	%

Remaining operating lease liabilities with enforceable contract terms that are greater than one year mature as follows (in thousands):

		Operating Leases
Fiscal Year 2026	$	388
Fiscal Year 2027		197
Fiscal Year 2028		6
Fiscal Year 2029		6
Thereafter		1
Total operating lease payments	$	598
Less: imputed interest		(22	)
Total operating lease liability	$	576

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/842-20/tableOfContent

+ Details

Name:	us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration