Debt Financing |
3 Months Ended | |||||||||
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Dec. 30, 2018 | ||||||||||
| Debt Disclosure [Abstract] | ||||||||||
| Debt Financing |
Note 5 - Debt Financing
Credit Facility — Avidbank
As of December 30, 2018 and September 30, 2018, the outstanding principal balance on the line of credit was $500 thousand and $300 thousand, respectively. For the three months ended December 30, 2018 and December 31, 2017, the total interest expense against the outstanding line of credit balance was $6 thousand and $3 thousand.
The Company amended its revolving credit facility with Avidbank pursuant to a Seventh Amendment to Amended and Restated Loan Agreement, dated as of April 5, 2018. The substantive amendments are as follows:
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