Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.4
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 27, 2020
Sep. 27, 2020
ASSETS    
Cash and Cash Equivalents $ 4,627 $ 4,700
Accounts Receivable, Net 2,138 2,953
Inventory, Net 9,348 8,791
Prepaid Expenses 167 229
Current Assets 16,280 16,673
Property and Equipment, Net 1,024 1,006
Other Assets    
Deferred Tax Asset 1,211 1,227
Right-of-use Asset 1,312 1,416
Security Deposits 23 23
Other Assets 2,546 2,666
Total Assets 19,850 20,345
Current Liabilities    
Accounts Payable 844 833
Operating Lease Liability 345 417
Accrued Expenses 1,022 1,077
Warrant Liability 1,517 2,544
Accrued Warranty Costs 49 83
Customer Advance Deposits 1
Current Liabilities 3,777 4,955
Other Liabilities    
Credit Facility - Long Term 377 377
Operating Lease Liability, net of current portion 991 1,037
Other Liabilities 1,368 1,414
Total Liabilities 5,145 6,369
Commitments and Contingencies
Stockholders' Equity    
Common Stock - ($0.001 par, 2,000,000,000 authorized, 8,795,869 and 8,795,869 shares issued, and 8,481,544 and 8,690,136 outstanding, respectively) 9 9
Treasury Stock (at cost, 314,325 shares and 105,733 shares held, respectively) (615) (200)
Additional Paid in capital 26,333 26,276
Accumulated Deficit (11,022) (12,109)
Stockholders' Equity 14,705 13,976
Total Liabilities and Stockholders' Equity $ 19,850 $ 20,345