Annual report pursuant to Section 13 and 15(d)

Warrant Liabilities - Schedule of Fair Value Warrant Liabilities (Details)

v3.20.4
Warrant Liabilities - Schedule of Fair Value Warrant Liabilities (Details)
Sep. 27, 2020
$ / shares
Sep. 29, 2019
$ / shares
Jun. 12, 2019
$ / shares
Sep. 30, 2018
$ / shares
Oct. 01, 2017
$ / shares
Aug. 26, 2016
$ / shares
Exercise Price   $ 0.85 $ 1.50      
Warrant [Member]            
Exercise Price [1] $ 1.50 $ 1.50   $ 1.50 $ 1.50 $ 1.50
Warrant Expiration Date [1] Aug. 26, 2021 Aug. 26, 2021   Aug. 26, 2021 Aug. 26, 2021 Aug. 26, 2021
Stock Price [2] $ 1.96 $ 1.56   $ 1.71 $ 0.98 $ 0.95
Time to Maturity (Years) 10 months 25 days 1 year 10 months 25 days   2 years 10 months 25 days 3 years 10 months 25 days 5 years
Calculated fair value per share $ 0.62 $ 0.49   $ 0.82 $ 0.87 $ 0.93
Warrant [Member] | Interest Rate (Annual) [Member]            
Fair value measurement input [3] 0.12 1.63   2.88 1.62 1.23
Warrant [Member] | Volatility (Annual) [Member]            
Fair value measurement input [4] 51.67 53.66   64.05 179.36 246.44
[1] Based on the terms provided in the warrant agreement to purchase common stock of Optex Systems Holdings, Inc. dated August 26, 2016.
[2] Based on the trading value of common stock of Optex Systems Holdings, Inc. as of each presented period ending date.
[3] Interest rate for U.S. Treasury Bonds, as of each presented period ending date, as published by the U.S. Federal Reserve.
[4] Based on the historical daily volatility of Optex Systems Holdings, Inc. as of each presented period ending date.