Stock-Based Compensation

9 Months Ended

Mar. 29, 2026

Note D - Stock-Based Compensation

Stock Options:

For the three and nine months ended March 29, 2026 and March 30, 2025, the Company recognized stock-based compensation expense related to stock options of zero. As of March 29, 2026, there was no unamortized stock-based compensation expense related to stock options.

The following table summarizes the number of shares of the Company’s common stock subject to outstanding stock options:


	Nine Months Ended
	March 29, 2026			March 30, 2025
	Shares			Shares
Outstanding at beginning of year		114,286			114,286

Granted		-			-
Exercised		-			-
Forfeited/Canceled/Expired		(24,286	)		-

Outstanding at end of period		90,000			114,286

Exercisable at end of period		90,000			114,286

Restricted Stock Units:

For the three and nine months ended March 29, 2026, the Company had stock-based compensation expense related to RSUs of $111 thousand and $211 thousand, respectively. For the three and nine months ended March 30, 2025, the Company had stock-based compensation expense related to RSUs of $52 thousand and $178 thousand, respectively. As of March 29, 2026, there was $531 thousand unamortized stock-based compensation expense related to RSUs.

As of March 29, 2026 the RSUs will be amortized during the next 31 months. A summary of the status of restricted stock units as of March 29, 2026 and March 30, 2025, and changes during the nine months then ended is presented below:


	Nine Months Ended
	March 29, 2026		March 30, 2025
Unvested at beginning of year		181,703		269,063
Performance adjustment		20,213		34,351
Granted		135,072		142,328
Issued		-		(198,414	)
Forfeited		-		-
Unvested at end of period		336,988		247,328