Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 27, 2020
Sep. 29, 2019
ASSETS    
Cash and Cash Equivalents $ 4,700 $ 1,068
Accounts Receivable, Net 2,953 3,066
Inventory, Net 8,791 10,535
Prepaid Expenses 229 348
Current Assets 16,673 15,017
Property and Equipment, Net 1,006 1,102
Other Assets    
Deferred Tax Asset 1,227 1,414
Right-of-use Asset 1,416
Security Deposits 23 23
Other Assets 2,666 1,437
Total Assets 20,345 17,556
Current Liabilities    
Accounts Payable 833 1,833
Operating Lease Liability 417
Accrued Expenses 1,077 1,180
Warrant Liability 2,544
Accrued Warranty Costs 83 46
Credit Facility 250
Customer Advance Deposits 1 3
Current Liabilities 2,411 3,312
Credit Facility - Long Term 377
Operating Lease Liability, net of current portion 1,037
Warrant Liability - Long Term 2,036
Total Liabilities 6,369 5,348
Commitments and Contingencies  
Stockholders' Equity    
Common Stock - ($0.001 par, 2,000,000,000 authorized, 8,795,869 and 8,436,422 shares issued, and 8,690,136 and 8,436,422 outstanding, respectively) 9 8
Treasury Stock (at cost, 105,733 shares and zero shares held, respectively) (200)
Additional Paid in capital 26,276 26,134
Accumulated Deficit (12,109) (13,934)
Stockholders' Equity 13,976 12,208
Total Liabilities and Stockholders' Equity $ 20,345 $ 17,556