v3.25.4
Note 10 - Revolving Line of Credit
 12 Months Ended
Dec. 27, 2025
Notes to Financial Statements  
Debt Disclosure [Text Block]

(10) Revolving Line of Credit

 

In May 2023, the Company entered into a line of credit (LOC) agreement in the amount of $3.0 million with Rockland Trust Company. The LOC is secured by the accounts receivable and other assets of the Company and has an interest rate of the National Prime Rate as published by the Wall Street Journal (6.75% at December 27, 2025). On December 27, 2025 and December 28, 2024, the Company had $0 of borrowings under this LOC and its borrowing base at the time would have permitted an additional $3.0 million to have been borrowed.  The LOC remains in effect until terminated per mutual agreement by both parties.  Total Interest Expense was $0 for 2025 and 2024.