| Schedule of Segment Reporting Information |
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 March 31, 2024 |
|
| |
|
Optex
Richardson |
|
|
Applied Optics Center
Dallas |
|
|
Other
(non-allocated costs and intersegment eliminations) |
|
|
Consolidated
Total |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues from external customers |
|
$ |
4,274 |
|
|
$ |
4,249 |
|
|
$ |
- |
|
|
$ |
8,523 |
|
| Intersegment revenues |
|
|
- |
|
|
|
231 |
|
|
|
(231 |
) |
|
|
- |
|
| Total revenue |
|
$ |
4,274 |
|
|
$ |
4,480 |
|
|
$ |
(231 |
) |
|
$ |
8,523 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest expense |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
9 |
|
|
$ |
9 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and amortization |
|
$ |
38 |
|
|
$ |
79 |
|
|
$ |
- |
|
|
$ |
117 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income before taxes |
|
$ |
|
|
$ |
|
|
$ |
) |
|
$ |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other significant noncash items: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Allocated home office expense |
|
$ |
(337 |
) |
|
$ |
337 |
|
|
$ |
- |
|
|
$ |
- |
|
| Stock compensation expense |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
157 |
|
|
$ |
157 |
|
| Warranty expense |
|
$ |
- |
|
|
$ |
26 |
|
|
$ |
- |
|
|
$ |
26 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segment assets |
|
$ |
15,155 |
|
|
$ |
8,643 |
|
|
$ |
- |
|
|
$ |
23,798 |
|
| Expenditures for segment assets |
|
$ |
1,139 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
1,139 |
|
| |
|
Reportable Segment Financial Information
(thousands)
|
|
| |
|
As of and for the three months ended April 2, 2023 |
|
| |
|
Optex
Richardson |
|
|
Applied Optics Center
Dallas |
|
|
Other
(non-allocated costs and intersegment eliminations) |
|
|
Consolidated
Total |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues from external customers |
|
$ |
3,053 |
|
|
$ |
3,317 |
|
|
$ |
- |
|
|
$ |
6,370 |
|
| Intersegment revenues |
|
|
- |
|
|
|
130 |
|
|
|
(130 |
) |
|
|
- |
|
| Total revenue |
|
$ |
3,053 |
|
|
$ |
3,447 |
|
|
$ |
(130 |
) |
|
$ |
6,370 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest expense |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
8 |
|
|
$ |
8 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and amortization |
|
$ |
13 |
|
|
$ |
72 |
|
|
$ |
- |
|
|
$ |
85 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income (loss) before taxes |
|
$ |
) |
|
$ |
|
|
$ |
) |
|
$ |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other significant noncash items: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Allocated home office expense |
|
$ |
(312 |
) |
|
$ |
312 |
|
|
$ |
- |
|
|
$ |
- |
|
| Stock compensation expense |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
17 |
|
|
$ |
17 |
|
| Warranty expense |
|
$ |
- |
|
|
$ |
53 |
|
|
$ |
- |
|
|
$ |
53 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segment assets |
|
$ |
11,283 |
|
|
$ |
8,567 |
|
|
$ |
- |
|
|
$ |
19,850 |
|
| Expenditures for segment assets |
|
$ |
25 |
|
|
$ |
31 |
|
|
$ |
- |
|
|
$ |
56 |
|
| |
|
Reportable Segment Financial Information
(thousands)
|
|
| |
|
As of and for the six months ended March 31, 2024 |
|
| |
|
Optex
Richardson |
|
|
Applied Optics Center
Dallas |
|
|
Other
(non-allocated costs and intersegment eliminations) |
|
|
Consolidated
Total |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues from external customers |
|
$ |
7,669 |
|
|
$ |
7,823 |
|
|
$ |
- |
|
|
$ |
15,492 |
|
| Intersegment revenues |
|
|
- |
|
|
|
418 |
|
|
|
(418 |
) |
|
|
- |
|
| Total revenue |
|
$ |
7,669 |
|
|
$ |
8,241 |
|
|
$ |
(418 |
) |
|
$ |
15,492 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest expense |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
16 |
|
|
$ |
16 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and amortization |
|
$ |
48 |
|
|
$ |
161 |
|
|
$ |
- |
|
|
$ |
209 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income before taxes |
|
$ |
|
|
$ |
|
|
$ |
) |
|
$ |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other significant noncash items: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Allocated home office expense |
|
$ |
(680 |
) |
|
$ |
680 |
|
|
$ |
- |
|
|
$ |
- |
|
| Stock compensation expense |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
270 |
|
|
$ |
270 |
|
| Warranty expense |
|
$ |
17 |
|
|
$ |
14 |
|
|
$ |
- |
|
|
$ |
31 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segment assets |
|
$ |
15,155 |
|
|
$ |
8,643 |
|
|
$ |
- |
|
|
$ |
23,798 |
|
| Expenditures for segment assets |
|
$ |
1,172 |
|
|
$ |
25 |
|
|
$ |
- |
|
|
$ |
1,197 |
|
| |
|
Reportable Segment Financial Information
(thousands)
|
|
| |
|
As of and for the six months ended April 2, 2023 |
|
| |
|
Optex
Richardson |
|
|
Applied Optics Center
Dallas |
|
|
Other
(non-allocated costs and intersegment eliminations) |
|
|
Consolidated
Total |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues from external customers |
|
$ |
4,672 |
|
|
$ |
5,738 |
|
|
$ |
- |
|
|
$ |
10,410 |
|
| Intersegment revenues |
|
|
- |
|
|
|
245 |
|
|
|
(245 |
) |
|
|
- |
|
| Total revenue |
|
$ |
4,672 |
|
|
$ |
5,983 |
|
|
$ |
(245 |
) |
|
$ |
10,410 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest expense |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
8 |
|
|
$ |
8 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and amortization |
|
$ |
24 |
|
|
$ |
142 |
|
|
$ |
- |
|
|
$ |
166 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income (loss) before taxes |
|
$ |
) |
|
$ |
|
|
$ |
) |
|
$ |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other significant noncash items: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Allocated home office expense |
|
$ |
(592 |
) |
|
$ |
592 |
|
|
$ |
- |
|
|
$ |
- |
|
| Stock compensation expense |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
53 |
|
|
$ |
53 |
|
| Warranty expense |
|
$ |
- |
|
|
$ |
113 |
|
|
$ |
- |
|
|
$ |
113 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segment assets |
|
$ |
11,283 |
|
|
$ |
8,567 |
|
|
$ |
- |
|
|
$ |
19,850 |
|
| Expenditures for segment assets |
|
$ |
25 |
|
|
$ |
121 |
|
|
$ |
- |
|
|
$ |
146 |
|
|