Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
 3 Months Ended
Jun. 25, 2022
Jun. 26, 2021
Revenue $ 1,930,000 $ 2,050,000
Cost of revenue 1,516,000 1,250,000
Gross profit 414,000 800,000
Operating expenses:    
Engineering 298,000 402,000
Selling, general and administrative 1,162,000 1,098,000
Transaction expenses 164,000 0
Total operating expenses 1,624,000 1,500,000
Operating income (loss) (1,210,000) (700,000)
Interest expense, net and other:    
Interest expense, net (33,000) (3,000)
Other expense, net (3,000) (111,000)
Loss before income taxes (1,246,000) (814,000)
Provision for income taxes 0 0
Net income (loss) (1,246,000) (814,000)
Deemed dividend on Series E preferred stock (2,000) (3,000)
Cumulative dividends on converted Series E preferred stock 0 (43,000)
Net income (loss) attributable to common shareholders $ (1,248,000) $ (860,000)
Income (loss) per common share – basic (in dollars per share) $ (0.45) $ (0.32)
Income (loss) per common share – diluted (in dollars per share) $ (0.45) $ (0.32)
Weighted average common shares used in computing net loss per common share attributable to common shareholders - basic (in shares) 2,777,000 2,725,000
Weighted average common shares used in computing net loss per common share attributable to common shareholders - diluted (in shares) 2,777,000 2,725,000
Goods [Member]    
Revenue $ 1,167,000 $ 51,000
Services [Member]    
Revenue $ 763,000 $ 1,999,000