2019 Q2 Form 10-K Financial Statement
#000114036119017524 Filed on September 30, 2019
Income Statement
Concept | 2019 Q2 | 2018 Q2 | 2018 |
---|---|---|---|
Revenue | $3.060M | $2.830M | $15.12M |
YoY Change | 8.13% | -46.9% | -42.02% |
Cost Of Revenue | $410.0K | $210.0K | $3.654M |
YoY Change | 95.24% | -88.77% | -73.77% |
Gross Profit | $2.660M | $2.610M | $11.47M |
YoY Change | 1.92% | -24.78% | -5.63% |
Gross Profit Margin | 86.93% | 92.23% | 75.83% |
Selling, General & Admin | $1.710M | $1.660M | $8.060M |
YoY Change | 3.01% | -29.96% | -28.74% |
% of Gross Profit | 64.29% | 63.6% | 70.29% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $80.00K | $150.0K | $835.0K |
YoY Change | -46.67% | -60.53% | -66.06% |
% of Gross Profit | 3.01% | 5.75% | 7.28% |
Operating Expenses | $2.720M | $2.490M | $11.59M |
YoY Change | 9.24% | -30.64% | -29.63% |
Operating Profit | -$60.00K | $120.0K | -$124.0K |
YoY Change | -150.0% | -200.0% | -97.13% |
Interest Expense | -$30.00K | -$30.00K | $183.0K |
YoY Change | 0.0% | -57.14% | -266.36% |
% of Operating Profit | -25.0% | ||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$1.070M | -$40.00K | -$1.048M |
YoY Change | 2575.0% | -95.0% | -90.63% |
Income Tax | -$240.0K | -$3.310M | -$3.322M |
% Of Pretax Income | |||
Net Earnings | -$830.0K | $3.340M | $1.912M |
YoY Change | -124.85% | -400.9% | -115.31% |
Net Earnings / Revenue | -27.12% | 118.02% | 12.65% |
Basic Earnings Per Share | $0.14 | ||
Diluted Earnings Per Share | -$55.08K | $170.8K | $0.13 |
COMMON SHARES | |||
Basic Shares Outstanding | 13.85M | ||
Diluted Shares Outstanding | 14.98M |
Balance Sheet
Concept | 2019 Q2 | 2018 Q2 | 2018 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.260M | $1.390M | $1.390M |
YoY Change | 62.59% | 208.89% | 208.89% |
Cash & Equivalents | $2.264M | $1.386M | $1.390M |
Short-Term Investments | |||
Other Short-Term Assets | $580.0K | $810.0K | $810.0K |
YoY Change | -28.4% | -16.49% | -16.49% |
Inventory | $7.000K | $6.000K | $10.00K |
Prepaid Expenses | |||
Receivables | $1.191M | $1.518M | $1.520M |
Other Receivables | $0.00 | $300.0K | $1.020M |
Total Short-Term Assets | $4.703M | $4.739M | $4.740M |
YoY Change | -0.76% | -7.62% | -7.6% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $500.0K | $1.510M | $1.510M |
YoY Change | -66.89% | -60.37% | -60.37% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $4.290M | $3.720M | $3.720M |
YoY Change | 15.32% | 659.18% | 659.18% |
Total Long-Term Assets | $5.723M | $6.247M | $6.250M |
YoY Change | -8.39% | 41.33% | 41.4% |
TOTAL ASSETS | |||
Total Short-Term Assets | $4.703M | $4.739M | $4.740M |
Total Long-Term Assets | $5.723M | $6.247M | $6.250M |
Total Assets | $10.43M | $10.99M | $10.99M |
YoY Change | -5.1% | 15.04% | 15.08% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.230M | $770.0K | $770.0K |
YoY Change | 59.74% | -81.53% | -81.53% |
Accrued Expenses | $834.0K | $1.109M | $1.110M |
YoY Change | -24.8% | -12.68% | -12.6% |
Deferred Revenue | $275.0K | $65.00K | |
YoY Change | 323.08% | ||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $2.378M | $1.980M | $1.980M |
YoY Change | 20.1% | -70.62% | -70.62% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.580M | $1.560M | $1.560M |
YoY Change | 1.28% | -43.27% | -43.27% |
Other Long-Term Liabilities | $72.00K | $42.00K | $1.150M |
YoY Change | 71.43% | -98.03% | -46.01% |
Total Long-Term Liabilities | $72.00K | $42.00K | $2.710M |
YoY Change | 71.43% | -99.14% | -44.47% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.378M | $1.980M | $1.980M |
Total Long-Term Liabilities | $72.00K | $42.00K | $2.710M |
Total Liabilities | $5.992M | $4.687M | $4.690M |
YoY Change | 27.84% | -59.7% | -59.67% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$4.483M | -$2.493M | |
YoY Change | 79.82% | ||
Common Stock | $33.55M | $33.43M | |
YoY Change | 0.36% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $24.63M | $24.64M | |
YoY Change | -0.02% | ||
Treasury Stock Shares | $7.117M | $7.119M | |
Shareholders Equity | $4.434M | $6.299M | $6.300M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $10.43M | $10.99M | $10.99M |
YoY Change | -5.1% | 15.04% | 15.08% |
Cashflow Statement
Concept | 2019 Q2 | 2018 Q2 | 2018 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$830.0K | $3.340M | $1.912M |
YoY Change | -124.85% | -400.9% | -115.31% |
Depreciation, Depletion And Amortization | $80.00K | $150.0K | $835.0K |
YoY Change | -46.67% | -60.53% | -66.06% |
Cash From Operating Activities | $240.0K | $530.0K | -$3.902M |
YoY Change | -54.72% | -121.03% | -29.69% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | -$190.0K | $1.081M |
YoY Change | -100.0% | -38.71% | -289.65% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $40.00K | $80.00K | $1.790M |
YoY Change | -50.0% | -91.11% | 79.0% |
Cash From Investing Activities | $40.00K | -$100.0K | $708.0K |
YoY Change | -140.0% | -116.95% | 64.65% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $5.129M | ||
YoY Change | 533.21% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 60.00K | -10.00K | 4.129M |
YoY Change | -700.0% | -200.0% | -12.15% |
NET CHANGE | |||
Cash From Operating Activities | 240.0K | 530.0K | -3.902M |
Cash From Investing Activities | 40.00K | -100.0K | 708.0K |
Cash From Financing Activities | 60.00K | -10.00K | 4.129M |
Net Change In Cash | 340.0K | 420.0K | 935.0K |
YoY Change | -19.05% | -121.88% | -322.62% |
FREE CASH FLOW | |||
Cash From Operating Activities | $240.0K | $530.0K | -$3.902M |
Capital Expenditures | $0.00 | -$190.0K | $1.081M |
Free Cash Flow | $240.0K | $720.0K | -$4.983M |
YoY Change | -66.67% | -132.58% | 0.06% |
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<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify; font-style: italic; font-weight: bold;">Concentration of Credit Risk:</div><div><br /></div><div style="text-align: justify; text-indent: 36pt;">Financial instruments, which potentially subject the Company to concentrations of credit risk, consist primarily of cash and cash equivalents.  At June 30, 2019 and June 24, 2018, and at various times during the fiscal years then ended, cash and cash equivalents were in excess of Federal Depository Insurance Corporation insured limits.  We do not believe we are exposed to any significant credit risk on cash and cash equivalents.</div><div><br /></div><div style="text-align: justify; text-indent: 36pt;">Notes receivable, which potentially subject the Company to concentrations of credit risk, consist primarily of structured Company-financed sales of assets.  At June 30, 2019 and June 24, 2018, and at various times during the fiscal years then ended, the Company had concentrations of credit risk with five franchisees on notes receivables with both short and long term maturities.  As of June 30, 2019, the Company had one short term note receivable with one franchisee with a balloon payment of $0.2 million due during the third quarter of fiscal 2020.  At June 30, 2019, the Company had two additional notes receivable with one franchisee totaling $0.9 million with an allowance reserve of $0.9 million. In addition, the Company had five notes receivable with four franchisees totaling $0.9 million. Each of the financed asset sales was executed with a 4.0-5.0% stated interest rate, principal and interest payments due monthly and a balloon payment due after 24 months.</div></div> | |
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CY2019Q2 | us-gaap |
Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
|
4060000 | |
CY2018 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
0 | |
CY2019 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-8000 | |
CY2018Q2 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
3479000 | |
CY2019Q2 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
4060000 | |
CY2018Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
5122000 | |
CY2019Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
|
17000 | |
CY2019Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
|
795000 | |
CY2019Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
5206000 | |
CY2018Q2 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
|
152000 | |
CY2019Q2 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
|
156000 | |
CY2019Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
48000 | |
CY2018Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
36000 | |
CY2018Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
|
15000 | |
CY2018Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
|
562000 | |
CY2019Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
2425000 | |
CY2018Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
2425000 | |
CY2019 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
|
0.5 | |
CY2018 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
|
0.5 | |
CY2018 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
44000 | |
CY2019 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
39000 | |
CY2018 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
|
0.04 | |
CY2019 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
|
0.04 | |
CY2019Q2 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
233000 | |
CY2018Q2 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
243000 | |
CY2019 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
466000 | |
CY2018 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
874000 | |
CY2019 | us-gaap |
Depreciation
Depreciation
|
423000 | |
CY2018 | us-gaap |
Depreciation
Depreciation
|
835000 | |
CY2019 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.05 | |
CY2018 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.13 | |
CY2018 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.14 | |
CY2019 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.05 | |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.276 | |
CY2019 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Percent
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Percent
|
11.73 | |
CY2018 | us-gaap |
Franchisor Costs
FranchisorCosts
|
2645000 | |
CY2019 | us-gaap |
Franchisor Costs
FranchisorCosts
|
3778000 | |
CY2019Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
578000 | |
CY2018Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
552000 | |
CY2018Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
212000 | |
CY2019Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
196000 | |
CY2019Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
382000 | |
CY2018Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
340000 | |
CY2019 | us-gaap |
Fiscal Period
FiscalPeriod
|
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify; font-style: italic; font-weight: bold;">Fiscal Year:</div><div><br /></div><div style="text-align: justify; text-indent: 36pt;">The Company's fiscal year ends on the last Sunday in June.  The fiscal year ended June 30, 2019 contained 53 weeks and the fiscal year ended June 24, 2018 contained 52 weeks.</div></div> | |
CY2019Q2 | us-gaap |
Future Minimum Sublease Rentals Sale Leaseback Transactions Within One Year
FutureMinimumSubleaseRentalsSaleLeasebackTransactionsWithinOneYear
|
168000 | |
CY2019Q2 | us-gaap |
Future Minimum Sublease Rentals Sale Leaseback Transactions Within Three Years
FutureMinimumSubleaseRentalsSaleLeasebackTransactionsWithinThreeYears
|
175000 | |
CY2019Q2 | us-gaap |
Future Minimum Sublease Rentals Sale Leaseback Transactions Thereafter
FutureMinimumSubleaseRentalsSaleLeasebackTransactionsThereafter
|
53000 | |
CY2019Q2 | us-gaap |
Future Minimum Sublease Rentals Sale Leaseback Transactions Within Five Years
FutureMinimumSubleaseRentalsSaleLeasebackTransactionsWithinFiveYears
|
128000 | |
CY2019Q2 | us-gaap |
Future Minimum Sublease Rentals Sale Leaseback Transactions Within Four Years
FutureMinimumSubleaseRentalsSaleLeasebackTransactionsWithinFourYears
|
177000 | |
CY2019Q2 | us-gaap |
Future Minimum Sublease Rentals Sale Leaseback Transactions Within Two Years
FutureMinimumSubleaseRentalsSaleLeasebackTransactionsWithinTwoYears
|
174000 | |
CY2019Q2 | us-gaap |
Future Minimum Sublease Rentals Sale Leaseback Transactions
FutureMinimumSubleaseRentalsSaleLeasebackTransactions
|
875000 | |
CY2019 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
551000 | |
CY2018 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
144000 | |
CY2019 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5274000 | |
CY2018 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
7597000 | |
CY2019 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
800000 | |
CY2018 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.17 | |
CY2019 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.05 | |
CY2018 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-362000 | |
CY2019 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
0 | |
CY2019 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-801000 | |
CY2018 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1048000 | |
CY2019 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-0.05 | |
CY2018 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.16 | |
CY2018 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-0.03 | |
CY2019 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0 | |
CY2018 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.03 | |
CY2019 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0 | |
CY2018 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-3322000 | |
CY2019 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-51000 | |
CY2019 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-168000 | |
CY2018 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-291000 | |
CY2018 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
30000 | |
CY2019 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
15000 | |
CY2019 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0 | |
CY2018 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-6597000 | |
CY2018 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
3416000 | |
CY2019 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
0 | |
CY2019 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
93000 | |
CY2018 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
51000 | |
CY2018Q2 | us-gaap |
Inventory Net
InventoryNet
|
6000 | |
CY2019Q2 | us-gaap |
Inventory Net
InventoryNet
|
7000 | |
CY2019 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
608000 | |
CY2018 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
953000 | |
CY2018 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
34000 | |
CY2019 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
1000 | |
CY2019Q2 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
4000 | |
CY2018Q2 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
5000 | |
CY2018 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
2274000 | |
CY2019 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-750000 | |
CY2019 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
168000 | |
CY2018 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
64000 | |
CY2018 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-767000 | |
CY2019 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-139000 | |
CY2019 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-21000 | |
CY2018 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-4241000 | |
CY2019 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-226000 | |
CY2018 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-908000 | |
CY2019 | us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
270000 | |
CY2018 | us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
0 | |
CY2019 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1000 | |
CY2018 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-73000 | |
CY2019 | us-gaap |
Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
|
-50000 | |
CY2018 | us-gaap |
Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
|
0 | |
CY2018 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | |
CY2019 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | |
CY2018 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
1129000 | |
CY2019 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | |
CY2019 | us-gaap |
Interest Expense
InterestExpense
|
104000 | |
CY2018 | us-gaap |
Interest Expense
InterestExpense
|
183000 | |
CY2018 | us-gaap |
Interest Paid Net
InterestPaidNet
|
187000 | |
CY2019 | us-gaap |
Interest Paid Net
InterestPaidNet
|
72000 | |
CY2018 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
90000 | |
CY2019 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
63000 | |
CY2018 | us-gaap |
Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
|
1114000 | |
CY2018Q2 | us-gaap |
Liabilities
Liabilities
|
4687000 | |
CY2019Q2 | us-gaap |
Liabilities
Liabilities
|
5992000 | |
CY2018Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
10986000 | |
CY2019Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
10426000 | |
CY2018Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1980000 | |
CY2019Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2378000 | |
CY2019 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
659000 | |
CY2018 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3902000 | |
CY2019 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
131000 | |
CY2018 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
708000 | |
CY2019 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
88000 | |
CY2018 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
4129000 | |
CY2018 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1912000 | |
CY2019 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-750000 | |
CY2019 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-750000 | |
CY2018 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1912000 | |
CY2019 | us-gaap |
Notes Issued1
NotesIssued1
|
654000 | |
CY2018 | us-gaap |
Notes Issued1
NotesIssued1
|
0 | |
CY2018Q2 | us-gaap |
Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
|
803000 | |
CY2019Q2 | us-gaap |
Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
|
735000 | |
CY2019 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | |
CY2019Q2 | us-gaap |
Number Of Restaurants
NumberOfRestaurants
|
1 | |
CY2018 | us-gaap |
Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
|
161000 | |
CY2019 | us-gaap |
Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
|
149000 | |
CY2019 | us-gaap |
Operating Loss Carryforwards Expiration Date
OperatingLossCarryforwardsExpirationDate
|
2032-12-31 | |
CY2019Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
1927000 | |
CY2019Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
856000 | |
CY2019Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
1659000 | |
CY2019Q2 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
23900000 | |
CY2019Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
1865000 | |
CY2019 | us-gaap |
Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
|
757000 | |
CY2019Q2 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
10517000 | |
CY2019Q2 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
1862000 | |
CY2019Q2 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
2348000 | |
CY2019Q2 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
0 | |
CY2018Q2 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
300000 | |
CY2018 | us-gaap |
Other Asset Impairment Charges
OtherAssetImpairmentCharges
|
894000 | |
CY2019 | us-gaap |
Other Asset Impairment Charges
OtherAssetImpairmentCharges
|
1664000 | |
CY2018Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
42000 | |
CY2019Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
72000 | |
CY2018Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
404000 | |
CY2019Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
478000 | |
CY2018 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1081000 | |
CY2019 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
81000 | |
CY2019 | us-gaap |
Pre Opening Costs
PreOpeningCosts
|
0 | |
CY2018 | us-gaap |
Pre Opening Costs
PreOpeningCosts
|
114000 | |
CY2018Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
273000 | |
CY2019Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
346000 | |
CY2019 | us-gaap |
Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
|
0 | |
CY2018 | us-gaap |
Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
|
-1000000 | |
CY2018 | us-gaap |
Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
|
0 | |
CY2019 | us-gaap |
Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
|
201000 | |
CY2018 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
5129000 | |
CY2019 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
88000 | |
CY2019 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
11000 | |
CY2018 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
1789000 | |
CY2018Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
2901000 | |
CY2019Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
2111000 | |
CY2018Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1510000 | |
CY2019Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
500000 | |
CY2018 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
351000 | |
CY2019 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1265000 | |
CY2018 | rave |
Adjusted Net Income Loss
AdjustedNetIncomeLoss
|
2002000 | |
CY2019 | rave |
Adjusted Net Income Loss
AdjustedNetIncomeLoss
|
-687000 | |
CY2019 | rave |
Other Lease Charges
OtherLeaseCharges
|
900000 | |
CY2019Q2 | us-gaap |
Restricted Cash
RestrictedCash
|
200000 | |
CY2018Q2 | us-gaap |
Restricted Cash
RestrictedCash
|
200000 | |
CY2019Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-4483000 | |
CY2018Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-2493000 | |
CY2019 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
12319000 | |
CY2018 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
15120000 | |
CY2018 | rave |
Increase Decrease In Prepaid Expense Deposits And Other Assets
IncreaseDecreaseInPrepaidExpenseDepositsAndOtherAssets
|
-25000 | |
CY2019 | rave |
Increase Decrease In Prepaid Expense Deposits And Other Assets
IncreaseDecreaseInPrepaidExpenseDepositsAndOtherAssets
|
446000 | |
CY2018 | rave |
Provision For Doubtful Accounts From Accounts Receivable
ProvisionForDoubtfulAccountsFromAccountsReceivable
|
351000 | |
CY2019 | rave |
Provision For Doubtful Accounts From Accounts Receivable
ProvisionForDoubtfulAccountsFromAccountsReceivable
|
349000 | |
CY2019 | rave |
Provision For Doubtful Accounts From Notes Receivable
ProvisionForDoubtfulAccountsFromNotesReceivable
|
916000 | |
CY2018 | rave |
Provision For Doubtful Accounts From Notes Receivable
ProvisionForDoubtfulAccountsFromNotesReceivable
|
0 | |
CY2019 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
36000 | |
CY2018 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
115000 | |
CY2018Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
908293 | |
CY2019Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
155106 | |
CY2018 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
1314000 | |
CY2019 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
4000 | |
CY2019Q2 | us-gaap |
Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
|
848425 | |
CY2018 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
5178000 | |
CY2019 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
88000 | |
CY2019 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
0 | |
CY2018 | rave |
Increase Decrease In Accrued Liabilities Deferred Rent And Other
IncreaseDecreaseInAccruedLiabilitiesDeferredRentAndOther
|
-458000 | |
CY2019 | rave |
Increase Decrease In Accrued Liabilities Deferred Rent And Other
IncreaseDecreaseInAccruedLiabilitiesDeferredRentAndOther
|
-276000 | |
CY2018Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6299000 | |
CY2019Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4434000 | |
CY2017Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-2079000 | |
CY2018 | us-gaap |
Tax Cuts And Jobs Act Of2017 Change In Tax Rate Deferred Tax Asset Income Tax Expense
TaxCutsAndJobsActOf2017ChangeInTaxRateDeferredTaxAssetIncomeTaxExpense
|
3400000 | |
CY2019Q2 | us-gaap |
Time Sharing Transactions Aggregate Maturities Of Notes Receivable Gross
TimeSharingTransactionsAggregateMaturitiesOfNotesReceivableGross
|
1124000 | |
CY2019Q2 | us-gaap |
Time Sharing Transactions Maturities Of Notes Receivable Year One
TimeSharingTransactionsMaturitiesOfNotesReceivableYearOne
|
389000 | |
CY2019Q2 | us-gaap |
Time Sharing Transactions Maturities Of Notes Receivable Year Two
TimeSharingTransactionsMaturitiesOfNotesReceivableYearTwo
|
542000 | |
CY2019Q2 | us-gaap |
Time Sharing Transactions Maturities Of Notes Receivable Year Three
TimeSharingTransactionsMaturitiesOfNotesReceivableYearThree
|
193000 | |
CY2018Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
7119204 | |
CY2019Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
7117304 | |
CY2019Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
24632000 | |
CY2018Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
24636000 | |
CY2019 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify; font-style: italic; font-weight: bold;">Use of Management Estimates:</div><div><br /></div><div style="text-align: justify; text-indent: 36pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Company’s management to make estimates and assumptions that affect its reported amounts of assets, liabilities, revenues, expenses and related disclosure of contingent liabilities.  The Company bases its estimates on historical experience and other various assumptions that it believes are reasonable under the circumstances.  Estimates and assumptions are reviewed periodically.  Actual results could differ materially from estimates.</div></div> | |
CY2019 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15070000 | |
CY2018 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13854000 | |
CY2019 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
15070000 | |
CY2018 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14983000 | |
CY2018Q2 | rave |
Accounts Payable Lease Termination Impairments Current
AccountsPayableLeaseTerminationImpairmentsCurrent
|
353000 | |
CY2019Q2 | rave |
Accounts Payable Lease Termination Impairments Current
AccountsPayableLeaseTerminationImpairmentsCurrent
|
832000 | |
CY2018 | rave |
Accounts Payable Lease Termination Impairments
AccountsPayableLeaseTerminationImpairments
|
0 | |
CY2019 | rave |
Accounts Payable Lease Termination Impairments
AccountsPayableLeaseTerminationImpairments
|
-418000 | |
CY2019 | rave |
Lease Amount Per Square Foot
LeaseAmountPerSquareFoot
|
17.50 | |
CY2019Q2 | rave |
Available Area For Lease
AvailableAreaForLease
|
19576 | |
CY2018 | rave |
Effective Income Tax Rate Reconciliation Permanent Adjustments Amount
EffectiveIncomeTaxRateReconciliationPermanentAdjustmentsAmount
|
35000 | |
CY2019 | rave |
Effective Income Tax Rate Reconciliation Permanent Adjustments Amount
EffectiveIncomeTaxRateReconciliationPermanentAdjustmentsAmount
|
8000 | |
CY2019 | rave |
Tax Cuts And Jobs Act Operating Loss Carryforwards Percentage Limitations On Use
TaxCutsAndJobsActOperatingLossCarryforwardsPercentageLimitationsOnUse
|
0.8 | |
CY2019 | rave |
Tax Cuts And Jobs Act Operating Loss Carryforwards Amount Limited With No Expiration
TaxCutsAndJobsActOperatingLossCarryforwardsAmountLimitedWithNoExpiration
|
300000 | |
CY2019 | rave |
Accounts Receivable Annual Finance Charges Percentage
AccountsReceivableAnnualFinanceChargesPercentage
|
0.18 | |
CY2019 | rave |
Current State And Foreign Tax Expense Benefit
CurrentStateAndForeignTaxExpenseBenefit
|
100000 | |
CY2019Q2 | rave |
Notes Receivable Weighted Average Interest Rate
NotesReceivableWeightedAverageInterestRate
|
0.048 | |
CY2019 | rave |
Defined Contribution Plan Minimum Age Limit For Eligibility To Participate In Plan
DefinedContributionPlanMinimumAgeLimitForEligibilityToParticipateInPlan
|
P21Y |