Annual report pursuant to Section 13 and 15(d)

Restatements (Details Narrative)

v3.7.0.1
Restatements (Details Narrative) - USD ($)
$ / shares in Units, $ in Thousands
 12 Months Ended
Aug. 26, 2016
Oct. 02, 2016
Sep. 27, 2015
Conversion price $ 1.20    
Number of shares issued upon conversion 2,698,431    
Proceeds received $ 4,750 $ 4,750 [1]
Deferred public offering cost   45 [1]
Net proceeds from offering 4,245    
Underwriter expenses 505    
As Reported [Member]      
Proceeds received   4,247  
Deferred public offering cost   $ (252)  
Public Offering [Member]      
Value of shares converted $ 800    
Preferred Stock Series C [Member]      
Number of shares issued 400 400 [2]  
Share price (in dollars per share) $ 5,000    
Conversion price $ 1.20    
Number of shares issued upon conversion   166,667  
Proceeds received $ 2,000    
Value of shares converted $ 200 $ 200  
Preferred Stock Series C [Member] | Public Offering [Member]      
Number of shares issued 400    
Conversion price $ 1.20    
Number of shares issued upon conversion 4,167    
Value of shares converted $ 5,000    
Warrant [Member]      
Number of shares issued 4,125,200 3,958,700 [2]  
Share price (in dollars per share) [4] $ 0.7558 [3] $ 0.9349  
Warrant term 5 years [3] 4 years 10 months 24 days  
Underwriter warrants issued with offering 166,500 166,500 [5]  
Common Stock [Member]      
Number of shares issued 2,291,900 2,291,900 [2]  
Share price (in dollars per share) $ 1.20    
Warrant term 5 years    
Number of shares issued upon conversion   5,318,896  
Proceeds received $ 2,750    
Common Stock [Member] | Public Offering [Member]      
Number of shares issued upon conversion   2,291,900  
[1] Restated
[2] On August 26, 2016, we consummated a public offering of 2,291,000 Class A units consisting of common stock and warrants and 400 Class B units consisting of shares of Series C convertible stock and warrants for a total gross purchase price of $4,750,280. The offering is comprised of Class A Units, priced at a public offering price of $1.20 per unit, with each unit consisting of one share of common stock and one five-year warrant to purchase one share of common stock with an exercise price of $1.50 per share (each, a "warrant"), and Class B Units, priced at a public offering price of $5,000 per unit, with each unit comprised of one share of preferred stock with a conversion price of $1.20 which is convertible into 4,167 shares of common stock and warrants to purchase 4,167 shares of common stock. The securities comprising the units are immediately separable and will be issued separately.
[3] Based on the terms provided in the warrant agreement to purchase common stock of Optex Systems Holdings, Inc. dated August 26, 2016.
[4] Based on the trading value of common stock of Optex Systems Holdings, Inc. as of August 26, 2016 and October 2, 2016.
[5] On August 26, 2016, 166,500 five-year warrants to purchase one share of common stock with an exercise price of $1.50 per share were issued to the underwriter in connection with the offering.