Annual report pursuant to section 13 and 15(d)

Property and Equipment

v2.4.0.8
Property and Equipment
12 Months Ended
Sep. 29, 2013
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 4 - Property and Equipment

 

A summary of property and equipment at September 29, 2013 and September 30, 2012 is as follows:

 

        (Thousands)  
    Estimated Useful Life   Year Ended
September 29, 2013
    Year Ended
September 30, 2012
 
Property and Equipment                    
Furniture and Equipment   3-5yrs   $ 257     $ 253  
Machinery and Equipment   5 yrs     1,171       1,077  
Leasehold Improvements   7 yrs     276       254  
Less: Accumulated Depreciation         (1,460 )     (1,392 )
Net Property & Equipment       $ 244     $ 192  
                     
Depreciation Expense       $ 69     $ 165  

 

Depreciation expense included in cost of goods sold and general and administrative expense for fiscal 2013 is $19 thousand and $50 thousand, respectively. Depreciation expense included in cost of goods sold and general and administrative expense for fiscal 2012 is $106 thousand and $59 thousand, respectively and included $101 thousand of additional depreciation expense related to changes in net book values and estimated remaining lives.