Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Sep. 29, 2019
Sep. 30, 2018
Cash Flows from Operating Activities:    
Net Income $ 5,668 $ 1,394
Adjustments to Reconcile Net Income to Net Cash provided by (used in) Operating Activities:    
Depreciation and Amortization 340 327
(Gain) on Change in Fair Value of Warrants (1,344) (95)
Stock Compensation Expense 113 153
Deferred Tax (1,414)
(Gain) On Sale of Fixed Assets (7)
Accounts Receivable (608) 666
Inventory, net (2,896) (75)
Prepaid Expenses (243) (41)
Accounts Payable and Accrued Expenses 903 (700)
Federal Income Taxes Payable (22) 22
Accrued Warranty Costs (55) (73)
Prepaid Royalties 30 30
Customer Advance Deposits (305) (619)
Total Adjustments (5,508) (355)
Net Cash provided by Operating Activities 160 1,039
Cash Flows (used in) provided by Investing Activities    
Purchases of Property and Equipment (143) (167)
Proceeds From Sale of Fixed Assets 8
Net Cash used in Investing Activities (135) (167)
Cash Flows (used in) provided by Financing Activities    
Dividends Paid (784)
Cash Paid for Taxes Withheld On Net Settled Restricted Stock Unit Share Issue (37) (30)
Payments on Credit Facility (50)
Proceeds From Warrant Exercise 72 93
Warrant Repurchase (75)
Stock Repurchase (700)
Net Cash used in Financing Activities (90) (1,421)
Net Decrease in Cash and Cash Equivalents (65) (549)
Cash and Cash Equivalents at Beginning of Year 1,133 1,682
Cash and Cash Equivalents at End of Year 1,068 1,133
Non Cash Transactions:    
Exchange of Preferred Stock for Common Stock 870
Correction for Warrants 41
Cash Transactions:    
Cash Paid for Taxes 360 144
Cash Paid for Interest $ 23 $ 20