Quarterly report [Sections 13 or 15(d)]

Unaudited Condensed Consolidated Balance Sheets

v3.25.4
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 28, 2025
Mar. 30, 2025
Cash and cash equivalents $ 2,402 $ 521
Accounts receivable - net of allowances of $1,898 and $1,723, respectively    
Due from factor 14,669 21,854
Other 3,193 2,654
Inventory, Net 31,151 27,800
Prepaid expenses 3,189 2,474
Total current assets 54,604 55,303
Operating lease right of use assets 9,270 12,253
Property, plant and equipment - net of accumulated depreciation of $5,615 and $5,037, respectively 1,938 1,888
Intangible assets - net of accumulated amortization of $11,428 and $10,840, respectively 6,462 7,050
Deferred income taxes 3,654 4,508
Other assets 176 152
Total Assets 76,104 81,154
Current liabilities:    
Accounts payable 7,139 5,225
Accrued royalties 830 1,507
Dividends payable 921 876
Operating lease liabilities, current 3,975 3,987
Accrued liabilities 1,074 1,920
Current maturities of long-term debt 1,991 1,990
Total current liabilities 15,930 15,505
Non-current liabilities:    
Long-term debt 14,432 16,512
Operating lease liabilities, noncurrent 6,109 9,107
Reserve for unrecognized tax liabilities 434 411
Total non-current liabilities 20,975 26,030
Shareholders' equity:    
Common stock - $0.01 par value per share; Authorized 40,000,000 shares at December 28, 2025 and March 30, 2025; Issued 13,611,749 shares at December 28, 2025 and 13,478,402 shares at March 30, 2025 136 135
Additional paid-in capital 59,213 58,637
Treasury stock - at cost - 2,913,962 shares at December 28, 2025 and 2,910,859 shares at March 30, 2025 (15,889) (15,880)
Retained Earnings (accumulated deficit) (4,261) (3,273)
Total shareholders' equity 39,199 39,619
Total Liabilities and Shareholders' Equity $ 76,104 $ 81,154