Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 01, 2023
Oct. 02, 2022
ASSETS    
Cash and Cash Equivalents $ 1,280 $ 934
Accounts Receivable, Net 1,605 2,908
Inventory, Net 10,798 9,212
Contract Asset 336
Prepaid Expenses 249 328
Current Assets 14,268 13,382
Property and Equipment, Net 977 968
Other Assets    
Deferred Tax Asset 1,001 942
Right-of-use Asset 3,104 [1] 3,222
Security Deposits 23 23
Other Assets 4,128 4,187
Total Assets 19,373 18,537
Current Liabilities    
Accounts Payable 1,433 706
Operating Lease Liability 608 604
Federal Income Taxes Payable 331 331
Accrued Expenses 977 958
Accrued Selling Expense 336
Accrued Warranty Costs 229 169
Contract Loss Reserves 282 289
Customer Advance Deposits 326 311
Current Liabilities 4,522 3,368
Other Liabilities    
Operating Lease Liability, net of current portion 2,646 2,761
Other Liabilities 2,646 2,761
Total Liabilities 7,168 6,129
Stockholders’ Equity    
Common Stock – ($0.001 par, 2,000,000,000 authorized, 6,763,070 and 6,716,638 shares issued, and 6,763,070 and 6,716,638 shares outstanding, respectively) 7 7
Additional Paid in capital 21,116 21,096
Accumulated Deficit (8,918) (8,695)
Stockholders’ Equity 12,205 12,408
Total Liabilities and Stockholders’ Equity $ 19,373 $ 18,537
[1] Includes $150 thousand of unamortized deferred rent.