Annual report pursuant to Section 13 and 15(d)

Warrant Liabilities (Details 1)

v3.10.0.1
Warrant Liabilities (Details 1) - USD ($)
$ / shares in Units, $ in Thousands
 12 Months Ended
Sep. 17, 2018
Sep. 30, 2018
Oct. 01, 2017
Oct. 02, 2016
 [3]
Aug. 26, 2016
Warrant Liability   $ 3,500 $ 3,607    
Reclassification to additional paid in capital for correction to underwriter warrants outstanding   (41) [1]    
Reclassification to additional paid in capital upon exercise of warrants   146 [2]    
(Gain) Loss on Change in Fair Value of Warrants   $ (95) $ 489    
Warrant [Member]          
Warrants Outstanding   4,260,785 4,323,135 [3] 4,323,135 4,323,135
Fair Value per Share   $ 0.82 $ 0.87 [3] $ 0.76 $ 0.93 [4]
Warrant Liability   $ 3,500 $ 3,607 [3] $ 3,118  
Reclassification to additional paid in capital for correction to underwriter warrants outstanding [3]   41      
Reclassification to additional paid in capital upon exercise of warrants $ 53 $ (53) [5]      
Reclassification to additional paid in capital upon exercise of warrants, Warrants Outstanding [5]   (62,350)      
(Gain) Loss on Change in Fair Value of Warrants   $ (95) $ 489    
[1] Correction related to 197,935 outstanding warrants issued to underwriters for August 26, 2016 public offering.
[2] Exercise of warrants for gross proceeds of $93 thousand and a warrant liability fair market value of $53 thousand as of the exercise date
[3] Correction to Additional Paid in Capital and Warrant Liability for 197,935 outstanding warrants issued to underwriters on August 26, 2016. Total warrants were incorrectly reflected as 4,125,200 and should have been 4,323,135.
[4] Based on the terms provided in the warrant agreement to purchase common stock of Optex Systems Holdings, Inc. dated August 26, 2016.
[5] Warrants exercised on September 17, 2017 for gross proceeds of $93.5 thousand. The fair market value of the warrants as of the exercise date was $53 thousand and was reclassed to additional paid in capital.