Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 27, 2021
Sep. 27, 2020
ASSETS    
Cash and Cash Equivalents $ 4,758 $ 4,700
Accounts Receivable, Net 1,382 2,953
Inventory, Net 8,645 8,791
Prepaid Expenses 324 229
Current Assets 15,109 16,673
Property and Equipment, Net 1,026 1,006
Other Assets    
Deferred Tax Asset 1,309 1,227
Right-of-use Asset 3,721 [1] 1,416
Security Deposits 23 23
Other Assets 5,053 2,666
Total Assets 21,188 20,345
Current Liabilities    
Accounts Payable 408 833
Credit Facility 377
Operating Lease Liability 529 417
Accrued Expenses 872 1,077
Warrant Liability 519 2,544
Accrued Warranty Costs 68 83
Customer Advance Deposits 1
Current Liabilities 2,773 4,955
Other Liabilities    
Credit Facility 377
Operating Lease Liability, net of current portion 3,254 1,037
Other Liabilities 3,254 1,414
Total Liabilities 6,027 6,369
Commitments and Contingencies  
Stockholders’ Equity    
Common Stock – ($0.001 par, 2,000,000,000 authorized, 8,334,995 and 8,795,869 shares issued, and 8,334,995 and 8,690,136 outstanding, respectively) 8 9
Treasury Stock (at cost, zero and 105,733 shares held, respectively) (200)
Additional Paid in capital 25,403 26,276
Accumulated Deficit (10,250) (12,109)
Stockholders’ Equity 15,161 13,976
Total Liabilities and Stockholders’ Equity $ 21,188 $ 20,345
[1] Includes $62 thousand of unamortized deferred rent.