Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Income (Loss) Per Share (Tables)

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Note 9 - Income (Loss) Per Share (Tables)
9 Months Ended
Dec. 25, 2021
Notes Tables  
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

Anti-dilutive securities

 

December 25, 2021

   

December 26, 2020

 

Common shares issuable upon exercise of stock options

          250  

Restricted stock awards

    38       10  

Common shares issuable upon conversion of convertible preferred stock

    157       61  

Common shares issuable upon exercise of warrants

    462       169  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

(In thousands except per share data)

 

Three Months ended

 
   

December 25, 2021

   

December 26, 2020

 

Net income (loss)

  $ (795 )   $ 830  
                 

Weighted average basic shares outstanding

    2,725       2,549  

Effect of dilutive securities

          384  

Weighted-average dilutive shares

    2,725       2,933  
                 

Basic earnings per share

  $ (0.29 )   $ 0.33  

Diluted earnings per share

  $ (0.29 )   $ 0.28  

(In thousands except per share data)

 

Nine Months ended

 
   

December 25, 2021

   

December 26, 2020

 

Net income (loss)

  $ (1,593 )   $ 425  
                 

Weighted average basic shares outstanding

    2,725       2,549  

Effect of dilutive securities

          384  

Weighted-average dilutive shares

    2,725       2,933  
                 

Basic earnings per share

  $ (0.58 )   $ 0.17  

Diluted earnings per share

  $ (0.58 )   $ 0.14