v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 29, 2026
Mar. 30, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 24,404 $ 27,802
Accounts and other receivables, net (Note D) 19,841 14,064
Inventories 891 1,221
Prepaid expenses and other current assets (Note E) 1,984 2,048
Total current assets 47,120 45,135
Property and equipment, net of accumulated depreciation of $12,225 and $12,295, respectively (Note F) 1,733 2,114
Operating lease right-of-use assets, net (Note K) 3,672 4,987
Goodwill 95 95
Intangible asset, net 348 522
Deferred income taxes (Note H) 598 510
Other assets 85 113
Total assets 53,651 53,476
CURRENT LIABILITIES    
Current portion of long-term debt (Note J) 2,400 2,400
Accounts payable 7,904 6,163
Accrued expenses and other current liabilities (Note G) 6,466 5,969
Current portion of operating lease liabilities (Note K) 1,940 1,923
Deferred franchise fees 192 309
Total current liabilities 18,902 16,764
Long-term debt, net of unamortized debt issuance costs of $257 and $327, respectively (Note J) 45,743 48,073
Long-term portion of operating lease liabilities (Note K) 2,003 3,528
Other liabilities 717 927
Deferred franchise fees 509 697
Total liabilities 67,874 69,989
Commitments and Contingencies  
STOCKHOLDERS’ DEFICIT    
Common stock, $.01 par value; 30,000,000 shares authorized; 9,383,920 and 9,379,025 shares issued; and 4,094,405 and 4,089,510 shares outstanding at March 29, 2026 and March 30, 2025, respectively 94 94
Additional paid-in capital 64,165 63,492
Retained earnings 8,180 6,563
Stockholders’ equity before treasury stock 72,439 70,149
Treasury stock, at cost, 5,289,515 shares at March 29, 2026 and March 30, 2025 (86,662) (86,662)
Total stockholders’ deficit (14,223) (16,513)
Total liabilities and stockholders’ deficit $ 53,651 $ 53,476