Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.5.0.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Jun. 26, 2016
Jun. 28, 2015
Cash flows from operating activities:    
Net loss $ (357) $ (202)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 260 247
Noncash interest expense (17) 142
Stock compensation expense 112 116
(Increase) decrease in accounts receivable 1,029 (337)
(Increase) decrease in inventory (net of progress billed) (797) (867)
(Increase) decrease in prepaid expenses 62 (23)
(Increase) decrease in security deposits 3
Increase (decrease) in accounts payable and accrued expenses 234 837
Increase (decrease) in accrued warranty costs 3
Increase (decrease) in customer advance deposits (526) (677)
Total adjustments 357 (556)
Net cash (used in) operating activities (758)
Cash flows from investing activities    
Purchases of property and equipment (34) (2,100)
Decrease in prepaid royalties - long term 22 22
Net cash (used in) investing activities (12) (2,078)
Cash flows from financing activities    
Proceeds from convertible notes issued 1,560
Debt issuance fees (74)
Proceeds (to) from credit facility (net) (70) 550
Net cash (used in) provided by financing activities (70) 2,036
Net increase (decrease) in cash (82) (800)
Cash at beginning of period 683 1,685
Cash at end of period 601 885
Supplemental cash flow information:    
Cash paid for interest 45 23
Exchange of preferred stock for common stock 3,165 10
6% Series A Preferred Stock [Member]    
Supplemental cash flow information:    
Beneficial conversion feature on preferred stock 1,554
Series B Preferred Stock [Member]    
Supplemental cash flow information:    
Exchange of convertible note and accrued interest to series B preferred stock 1,629
Beneficial conversion feature on preferred stock $ 0 $ 4,887