|
The
financial tables below present information on the reportable segments’ profit or loss for each period, as well as segment assets
as of each period end The Company does not allocate interest expense, income taxes or unusual items to segments.
Schedule
of Segment Reporting Information
| |
|
Reportable
Segment Financial Information
(thousands) |
|
| |
|
As
of and for the three months ended January 2, 2022 |
|
| |
|
Optex
Systems
Richardson |
|
|
Applied
Optics Center
Dallas |
|
|
Other
(non-allocated costs and intersegment eliminations) |
|
|
Consolidated
Total |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues from external customers |
|
$ |
1,857 |
|
|
$ |
2,483 |
|
|
$ |
- |
|
|
$ |
4,340 |
|
| Intersegment revenues |
|
|
- |
|
|
|
180 |
|
|
|
(180 |
) |
|
|
- |
|
| Total Revenue |
|
$ |
1,857 |
|
|
$ |
2,663 |
|
|
$ |
(180 |
) |
|
$ |
4,340 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and Amortization |
|
$ |
10 |
|
|
$ |
62 |
|
|
$ |
- |
|
|
$ |
72 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income (loss) before taxes |
|
$ |
) |
|
$ |
|
|
$ |
) |
|
$ |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other significant noncash items: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Allocated home office expense |
|
$ |
(236 |
) |
|
$ |
236 |
|
|
$ |
- |
|
|
$ |
- |
|
| Stock compensation expense |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
57 |
|
|
$ |
57 |
|
| Warranty expense |
|
$ |
- |
|
|
$ |
46 |
|
|
$ |
- |
|
|
$ |
46 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segment Assets |
|
$ |
14,267 |
|
|
$ |
7,088 |
|
|
$ |
- |
|
|
$ |
21,355 |
|
| Expenditures for segment assets |
|
$ |
25 |
|
|
$ |
65 |
|
|
$ |
- |
|
|
$ |
90 |
|
| |
|
Reportable
Segment Financial Information
(thousands) |
|
| |
|
As
of and for the three months ended December 27, 2020 |
|
| |
|
Optex
Systems
Richardson |
|
|
Applied
Optics Center
Dallas |
|
|
Other
(non-allocated costs and intersegment eliminations) |
|
|
Consolidated
Total |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues from external customers |
|
$ |
3,029 |
|
|
$ |
1,442 |
|
|
$ |
- |
|
|
$ |
4,471 |
|
| Intersegment revenues |
|
|
- |
|
|
|
366 |
|
|
|
(366 |
) |
|
|
- |
|
| Total Revenue |
|
$ |
3,029 |
|
|
$ |
1,808 |
|
|
$ |
(366 |
) |
|
$ |
4,471 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest expense |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
3 |
|
|
$ |
3 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and Amortization |
|
$ |
11 |
|
|
$ |
52 |
|
|
$ |
- |
|
|
$ |
63 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income (loss) before taxes |
|
$ |
|
|
$ |
) |
|
$ |
|
|
$ |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other significant noncash items: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Allocated home office expense |
|
$ |
(200 |
) |
|
$ |
200 |
|
|
$ |
- |
|
|
$ |
- |
|
| Gain on change in fair
value of warrants |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
(1,027 |
) |
|
$ |
(1,027 |
) |
| Stock compensation expense |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
57 |
|
|
$ |
57 |
|
| Warranty expense |
|
$ |
- |
|
|
$ |
9 |
|
|
$ |
- |
|
|
$ |
9 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segment Assets |
|
$ |
13,985 |
|
|
$ |
5,865 |
|
|
$ |
- |
|
|
$ |
19,850 |
|
| Expenditures for segment assets |
|
$ |
20 |
|
|
$ |
61 |
|
|
$ |
- |
|
|
$ |
81 |
|
|