Annual report pursuant to Section 13 and 15(d)

Segment Reporting (Tables)

v3.10.0.1
Segment Reporting (Tables)
12 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Schedule of information for each of the reportable segments profit or loss as well as segment assets for each year

The financial table below presents the information for each of the reportable segments profit or loss as well as segment assets for each year. The Company does not allocate interest expense, income taxes or unusual items to segments.

 

    Reportable Segment Financial Information
(thousands)
                 
    Twelve months ended September 30, 2018
       Optex Systems
Richardson
       Applied Optics
Center
Dallas
       Other
(non-allocated costs
and intersegment eliminations)
       Consolidated
Total
 
                                 
Revenues from external customers   $ 12,739     $ 8,114     $     $ 20,853  
Intersegment revenues           1,556       (1,556 )      
Total Revenue   $ 12,739     $ 9,670     $ (1,556 )   $ 20,853  
                                 
 Interest expense   $     $     $ 20     $ 20  
                                 
 Depreciation and Amortization   $ 39     $ 288     $     $ 327  
                                 
 Income (Loss) before taxes   $ 882     $ 757     $ (78 )   $ 1,561  
                                 
 Other significant noncash items:                                
 Allocated home office expense   $ (669 )   $ 669     $     $  
 Gain on change in fair value of warrants   $     $     $ (95 )   $ (95 )
 Stock compensation expense   $     $     $ 153     $ 153  
 Royalty expense amortization   $ 30     $     $     $ 30  
                                 
 Segment Assets   $ 8,343     $ 4,344     $     $ 12,687  
 Expenditures for segment assets   $ 54     $ 113     $     $ 167  

 

    Reportable Segment Financial Information
(thousands)
                 
    Twelve months ended October 1, 2017
       Optex Systems
Richardson
       Applied Optics
Center
Dallas  
       Other
(non-allocated costs
and intersegment eliminations)
       Consolidated
Total
 
                                 
Revenues from external customers   $ 11,256     $ 7,291     $     $ 18,547  
Intersegment revenues           1,694       (1,694 )      
Total Revenue   $ 11,256     $ 8,985     $ (1,694 )   $ 18,547  
                                 
 Interest expense   $     $     $ 19     $ 19  
                                 
 Depreciation and Amortization   $ 56     $ 281     $     $ 337  
                                 
 Income (Loss) before taxes   $ 338     $ 46     $ (688 )   $ (304 )
                                 
 Other significant noncash items:                                
 Allocated home office expense   $ (776 )   $ 776     $     $  
 Gain on change in fair value of warrants   $     $     $ 489     $ 489  
 Stock option compensation expense   $ 40     $     $ 180     $ 220  
 Royalty expense amortization   $ 30     $     $     $ 30  
                                 
 Segment Assets   $ 8,663     $ 5,364     $     $ 14,027  
 Expenditures for segment assets   $ 23     $ 126     $     $ 149