Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 02, 2023
Oct. 02, 2022
ASSETS    
Cash and Cash Equivalents $ 676 $ 934
Accounts Receivable, Net 2,276 2,908
Inventory, Net 11,292 9,212
Contract Asset 336
Prepaid Expenses 442 328
Current Assets 15,022 13,382
Property and Equipment, Net 948 968
Other Assets    
Deferred Tax Asset 873 942
Right-of-use Asset 2,984 [1] 3,222
Security Deposits 23 23
Other Assets 3,880 4,187
Total Assets 19,850 18,537
Current Liabilities    
Accounts Payable 1,308 706
Operating Lease Liability 612 604
Federal Income Taxes Payable 331
Accrued Expenses 890 958
Accrued Selling Expense 336
Accrued Warranty Costs 266 169
Contract Loss Reserves 113 289
Customer Advance Deposits 131 311
Current Liabilities 3,656 3,368
 Other Liabilities    
Credit Facility 1,007
Operating Lease Liability, net of current portion 2,528 2,761
Other Liabilities 3,535 2,761
Total Liabilities 7,191 6,129
Commitments and Contingencies  
Stockholders’ Equity    
Common Stock – ($0.001 par, 2,000,000,000 authorized, 6,723,070 and 6,716,638 shares issued and outstanding, respectively) 7 7
Additional Paid in Capital 21,091 21,096
Accumulated Deficit (8,439) (8,695)
Stockholders’ Equity 12,659 12,408
Total Liabilities and Stockholders’ Equity $ 19,850 $ 18,537
[1] Includes $156 thousand of unamortized deferred rent.