Quarterly report pursuant to Section 13 or 15(d)

Purchase of Applied Optics Products Line (Details 1)

v2.4.1.9
Purchase of Applied Optics Products Line (Details 1) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Dec. 28, 2014
Sep. 28, 2014
Assets    
Current Assets $ 9,346us-gaap_AssetsCurrent $ 8,367us-gaap_AssetsCurrent
Total Assets 12,152us-gaap_Assets 8,747us-gaap_Assets
Liabilities    
Total Liabilities 9,016us-gaap_Liabilities 2,849us-gaap_Liabilities
Equity    
Optex Systems Holdings, Inc. Preferred Stock ($0.001 par 5,000 authorized, 1,001 and 1,001 series A preferred shares issued and outstanding, respectively)      
Optex Systems Holdings, Inc. - (par $0.001, 2,000,000,000 authorized, 170,913,943 and 170,913,943 shares issued and outstanding, respectively) 171us-gaap_CommonStockValue 171us-gaap_CommonStockValue
Retained Earnings (Deficit) (15,114)us-gaap_RetainedEarningsAccumulatedDeficit (12,285)us-gaap_RetainedEarningsAccumulatedDeficit
Total Stockholders' Equity 3,136us-gaap_StockholdersEquity 5,898us-gaap_StockholdersEquity
Total Liabilities and Stockholders' Equity 12,152us-gaap_LiabilitiesAndStockholdersEquity 8,747us-gaap_LiabilitiesAndStockholdersEquity
L-3 Communications Applied Optics Products Line ("Purchased Assets")    
Assets    
Current Assets 9,346us-gaap_AssetsCurrent
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember 		 
Noncurrent Assets 2,806us-gaap_AssetsNoncurrent
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember 		 
Total Assets 12,152us-gaap_Assets
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember 		 
Liabilities    
Convertible Notes (Net) at Fair Value 6,182opxs_ConvertibleDebtCurrentFairValue
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember 		 
Other Current Liabilities 2,834us-gaap_OtherLiabilitiesCurrent
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember 		 
Total Liabilities 9,016us-gaap_Liabilities
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember 		 
Equity    
Optex Systems Holdings, Inc. Preferred Stock ($0.001 par 5,000 authorized, 1,001 and 1,001 series A preferred shares issued and outstanding, respectively)     
Optex Systems Holdings, Inc. - (par $0.001, 2,000,000,000 authorized, 170,913,943 and 170,913,943 shares issued and outstanding, respectively) 171us-gaap_CommonStockValue
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember 		 
Additional Paid-in-capital 18,079us-gaap_AdditionalPaidInCapitalCommonStock
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember 		 
Retained Earnings (Deficit) (15,114)us-gaap_RetainedEarningsAccumulatedDeficit
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember 		 
Total Stockholders' Equity 3,136us-gaap_StockholdersEquity
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember 		 
Total Liabilities and Stockholders' Equity 12,152us-gaap_LiabilitiesAndStockholdersEquity
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember 		 
Current Assets (321)opxs_BusinessCombinationProFormaAdjustmentsCurrentAssets
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember 		[1]  
Noncurrent Assets (44)opxs_BusinessCombinationProFormaAdjustmentsNoncurrentAssets
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember 		[2]  
Total Assets (365)opxs_BusinessCombinationProFormaAdjustmentsAssets
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember 		 
Convertible Notes (Net) at Fair Value     
Other Current Liabilities (16)opxs_BusinessCombinationProFormaAdjustmentsOtherCurrentLiabilities
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember 		[3]  
Total Liabilities (16)opxs_BusinessCombinationProFormaAdjustmentsLiabilities
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember 		 
Optex Systems Holdings, Inc. Preferred Stock ($0.001 par 5,000 authorized, 1,001 and 1, 016 series A preferred shares issued and outstanding, respectively)     
Optex Systems Holdings, Inc. - (par $0.001, 2,000,000,000 authorized, 170,913,943 and 170,913,943 shares issued and outstanding, respectively)     
Additional Paid-in-capital     
Retained Earnings (Deficit) (349)opxs_BusinessCombinationProFormaAdjustmentsRetainedEarningsDeficit
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember 		[4]  
Total Stockholders' Equity (349)opxs_BusinessCombinationProFormaAdjustmentsStockholdersEquity
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember 		 
Total Liabilities and Stockholders' Equity (365)opxs_BusinessCombinationProFormaAdjustmentsLiabilitiesAndStockholdersEquity
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember 		 
L-3 Communications Applied Optics Products Line ("Purchased Assets") | Pro forma Adjustments    
Assets    
Current Assets 9,025us-gaap_AssetsCurrent
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember
/ us-gaap_StatementScenarioAxis
= us-gaap_ProFormaMember 		 
Noncurrent Assets 2,762us-gaap_AssetsNoncurrent
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember
/ us-gaap_StatementScenarioAxis
= us-gaap_ProFormaMember 		 
Total Assets 11,787us-gaap_Assets
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember
/ us-gaap_StatementScenarioAxis
= us-gaap_ProFormaMember 		 
Liabilities    
Convertible Notes (Net) at Fair Value 6,182opxs_ConvertibleDebtCurrentFairValue
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember
/ us-gaap_StatementScenarioAxis
= us-gaap_ProFormaMember 		 
Other Current Liabilities 2,818us-gaap_OtherLiabilitiesCurrent
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember
/ us-gaap_StatementScenarioAxis
= us-gaap_ProFormaMember 		 
Total Liabilities 9,000us-gaap_Liabilities
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember
/ us-gaap_StatementScenarioAxis
= us-gaap_ProFormaMember 		 
Equity    
Optex Systems Holdings, Inc. Preferred Stock ($0.001 par 5,000 authorized, 1,001 and 1,001 series A preferred shares issued and outstanding, respectively)     
Optex Systems Holdings, Inc. - (par $0.001, 2,000,000,000 authorized, 170,913,943 and 170,913,943 shares issued and outstanding, respectively) 171us-gaap_CommonStockValue
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember
/ us-gaap_StatementScenarioAxis
= us-gaap_ProFormaMember 		 
Additional Paid-in-capital 18,079us-gaap_AdditionalPaidInCapitalCommonStock
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember
/ us-gaap_StatementScenarioAxis
= us-gaap_ProFormaMember 		 
Retained Earnings (Deficit) (15,463)us-gaap_RetainedEarningsAccumulatedDeficit
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember
/ us-gaap_StatementScenarioAxis
= us-gaap_ProFormaMember 		 
Total Stockholders' Equity 2,787us-gaap_StockholdersEquity
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember
/ us-gaap_StatementScenarioAxis
= us-gaap_ProFormaMember 		 
Total Liabilities and Stockholders' Equity $ 11,787us-gaap_LiabilitiesAndStockholdersEquity
/ us-gaap_BusinessAcquisitionAxis
= opxs_LThreeCommunicationsIncMember
/ us-gaap_StatementScenarioAxis
= us-gaap_ProFormaMember 		 
[1] Accounts for changes in working capital for collections against accounts receivable against October booked revenue, $69 thousand, less the estimated cash requirements for October's cash-based operating expenses for payroll, utilities, rent, maintenance & supplies of approximately ($390) thousand.
[2] Assumes one additional month of depreciation on Property, Plant & Equipment acquired in the acquisition of ($44) thousand
[3] Assumes month of accrued property tax liability for taxes for October 2014 of ($16) thousand.
[4] The change in retained earnings is based on the October pro forma net loss. The pro forma loss was derived based on sales reported for September 29, 2014 through November 2, 2014 as reported on L-3 communications product line financial summary for Applied Optics, less the October month incurred direct costs (materials $46 thousand, labor, $70 thousand, and manufacturing overhead spending $255 thousand) for October, adjusted for the changes in inventory of $8 thousand, plus the L3 Communications reported G&A expenses for the Applied Optics facility, excluding any L3 Communications corporate intercompany allocated costs.