Operating Leases:

9 Months Ended

Sep. 26, 2026

Operating Leases:

Operating Leases:

11. Operating Leases:

As of September 26, 2026, the Company leases its Minnesota corporate headquarters in a facility with an operating lease that expires in December 2029. The remaining lease term for this lease is 3.25 years and the discount rate is 5.5%. The Company recognized $847,500 and $761,100 of rent expense for the periods ended September 26, 2026 and September 27, 2025, respectively.

Maturities of operating lease liabilities are as follows for the remainder of fiscal 2026 and full fiscal years thereafter as of September 26, 2026:


Operating Lease Liabilities expected to be recognized in		Amount
2026		$	210,800
2027			851,100
2028			874,600
2029			898,700
2030			—
Thereafter			—
Total lease payments			2,835,200
Less imputed interest			(241,200)
Present value of lease liabilities		$	2,594,000

Of the $2.6 million operating lease liability outstanding at September 26, 2026, $0.7 million is included in Accrued liabilities in the Current liabilities section of the Consolidated Condensed Balance Sheets.

Supplemental cash flow information related to our operating leases is as follows for the period ended September 26, 2026:


		Nine Months Ended
		September 26, 2026			September 27, 2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flow outflow from operating leases		$	617,400		$	669,200