Quarterly report pursuant to Section 13 or 15(d)

Accounting Policies (Tables)

v2.4.1.9
Accounting Policies (Tables)
3 Months Ended
Dec. 28, 2014
Accounting Policies [Abstract]  
Schedule of inventory
    (Thousands)  
       
             
    December 28, 2014     September 28, 2014  
Raw Material   $ 4,872     $ 5,136  
Work in Process     3,041       1,854  
Finished Goods     516       265  
Gross Inventory   $ 8,429     $ 7,255  
Less: Inventory Reserves     (1,345 )     (1,345 )
Net Inventory   $ 7,084     $ 5,910  
Schedule of certain assets and liabilities measured and recorded at fair value on a recurring basis

The following table represents certain assets and liabilities of Optex Systems Holdings measured and recorded at fair value on a recurring basis and their level within the fair value hierarchy as of December 28, 2014.

 

    (Thousands)  
    Level 1     Level 2     Level 3  
Derivatives Liabilities – Long Term   $ -     $ -     $ 6,127  
(Note Conversion Feature)