Annual report pursuant to Section 13 and 15(d)

Warrant Liabilities (Details 1)

v3.8.0.1
Warrant Liabilities (Details 1) - Warrant [Member] - $ / shares
 12 Months Ended
Aug. 26, 2016
Oct. 01, 2017
Oct. 02, 2016
Jul. 12, 2017
Exercise Price [1] $ 1.50 $ 1.50 $ 1.50  
Warrant Expiration Date [1] Aug. 26, 2021 Aug. 26, 2021 Aug. 26, 2021  
Share price (in dollars per share) $ 0.9349 [2] $ 0.98 [2] $ 0.77 [2] $ 0.02
Interest Rate (annual) [3] 1.23% 1.62% 1.14%  
Volatility (annual) [4] 246.44% 179.36% 242.17%  
Time to Maturity (Years) 5 years 3 years 10 months 24 days 4 years 10 months 24 days  
Number of Steps (Quarters) 20 years 16 years 20 years  
Calculated fair value per share $ 0.93 $ 0.87 $ 0.76  
Quarterly Dividend per share for Next Four Quarters [5] 0.02  
Future Estimated Quarterly Dividend per share [6] $ 0.01  
[1] Based on the terms provided in the warrant agreement to purchase common stock of Optex Systems Holdings, Inc. dated August 26, 2016.
[2] Based on the trading value of common stock of Optex Systems Holdings, Inc. as of August 26, 2016 and each presented period ending date.
[3] Interest rate for U.S. Treasury Bonds, as of August 26, 2016 and each presented period ending date, as published by the U.S. Federal Reserve.
[4] Based on the historical daily volatility of Optex Systems Holdings, Inc. as of August 26, 2016 and each presented period ending date.
[5] Pursuant to June 12, 2017 Board of Directors authorization of a $0.02 per share (and per warrant) dividend payment in July for shareholders and warrant holders of record on July 5, 2017 and for three subsequent quarterly record dates thereafter.
[6] Current estimated dividend payments beyond initial four quarters. At a future date, the company will review the working capital needs and make a final determination of any future dividend payments and amounts beyond the initial four quarter payments.