Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Stockholders' Equity

v3.23.2
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Common Stock [Member]
Treasury Stock, Common [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Oct. 03, 2021 $ 9 $ (69) $ 25,752 $ (9,978) $ 15,714
Balance, Shares at Oct. 03, 2021 8,523,704 35,555      
Stock Compensation Expense 127 127
Net Income (Loss) 306 306
Common Stock Repurchase [1] $ (366) (366)
Common Stock Repurchase, shares [1]   188,414      
Cancellation of Treasury Shares [1] $ (1) $ 435 (434)
Cancellation of Treasury Shares, shares [1] (223,969) (223,969)      
Vested Restricted Stock Units Issued Net of Tax Withholding (19) (19)
Vested Restricted Stock Units Issued Net of Tax Withholding, shares 23,216        
Ending balance, value at Jul. 03, 2022 $ 8 25,426 (9,672) 15,762
Balance, Shares at Jul. 03, 2022 8,322,951      
Balance at Apr. 03, 2022 $ 8 25,534 (10,100) 15,442
Balance, Shares at Apr. 03, 2022 8,395,394      
Stock Compensation Expense 36 36
Net Income (Loss) 428 428
Common Stock Repurchase [1] $ (144) (144)
Common Stock Repurchase, shares [1]   72,443      
Cancellation of Treasury Shares [1] $ 144 (144)
Cancellation of Treasury Shares, shares [1] (72,443) (72,443)      
Ending balance, value at Jul. 03, 2022 $ 8 25,426 (9,672) 15,762
Balance, Shares at Jul. 03, 2022 8,322,951      
Balance at Oct. 02, 2022 $ 7 21,096 (8,695) 12,408
Balance, Shares at Oct. 02, 2022 6,716,638      
Stock Compensation Expense 134 134
Restricted/Unvested Shares Issued [2]
Restricted/Unvested Shares Issued, shares [2] 40,000        
Net Income (Loss) 832 832
Taxes on Shares Issued for Vested Restricted Stock Units (58) (58)
Taxes on Shares Issued for Vested Restricted Stock Units, shares 46,432        
Unvested Shares Forfeited [3]
Unvested Shares Forfeited, shares [3] (40,000)        
Ending balance, value at Jul. 02, 2023 $ 7 21,172 (7,863) 13,316
Balance, Shares at Jul. 02, 2023 6,763,070      
Balance at Apr. 01, 2023 $ 7 21,091 (8,439) 12,659
Balance, Shares at Apr. 01, 2023 6,723,070      
Stock Compensation Expense 81 81
Restricted/Unvested Shares Issued [2]
Restricted/Unvested Shares Issued, shares [2] 40,000        
Net Income (Loss) 576 576
Ending balance, value at Jul. 02, 2023 $ 7 $ 21,172 $ (7,863) $ 13,316
Balance, Shares at Jul. 02, 2023 6,763,070      
[1] Common shares repurchased in the open market through July 3, 2022 were held as treasury stock using the cost method and cancelled prior to July 3, 2022.
[2] Restricted and unvested shares issued to board member on May 9, 2023.  Shares vest on 50% January 1, 2024 and 50% January 1, 2025.
[3] Unvested common restricted shares which were forfeited and cancelled in February 2023.