Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

Segment Reporting (Tables)

9 Months Ended

Jun. 30, 2024

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.

	Reportable Segment Financial Information (thousands)
	As of and for the three months ended June 30, 2024
	Optex Richardson			Applied Optics Center Dallas			Other (non-allocated costs and intersegment eliminations)			Consolidated Total

Revenues from external customers	$	4,675		$	4,385		$	-		$	9,060
Intersegment revenues		-			282			(282	)		-
Total revenue	$	4,675		$	4,667		$	(282	)	$	9,060

Interest expense	$	-		$	-		$	17		$	17

Depreciation and amortization	$	54		$	78		$	-		$	132

Income (loss) before taxes	$	442		$	1,263		$	(107	)	$	1,598

Other significant noncash items:
Allocated home office expense	$	(339	)	$	339		$	-		$	-
Stock compensation expense	$	-		$	-		$	90		$	90
(Reversal of) Warranty expense	$	-		$	(18	)	$	-		$	(18	)

Segment assets	$	16,449		$	8,413		$	-		$	24,862
Expenditures for segment assets	$	159		$	147		$	-		$	306

	Reportable Segment Financial Information (thousands)
	As of and for the three months ended July 2, 2023
	Optex Systems Richardson			Applied Optics Center Dallas		Other (non-allocated costs and intersegment eliminations)			Consolidated Total

Revenues from external customers	$	3,069		$	4,103	$	-		$	7,172
Intersegment revenues		-			265		(265	)		-
Total revenue	$	3,069		$	4,368	$	(265	)	$	7,172

Interest expense	$	-		$	-	$	22		$	22

Depreciation and amortization	$	14		$	72	$	-		$	86

Income (loss) before taxes	$	(60	)	$	893	$	(103	)	$	730

Other significant noncash items:
Allocated home office expense	$	(386	)	$	386	$	-		$	-
Stock compensation expense	$	-		$	-	$	81		$	81
Warranty expense	$	-		$	57	$	-		$	57

Segment assets	$	11,671		$	9,293	$	-		$	20,964
Expenditures for segment assets	$	-		$	222	$	-		$	222

	Reportable Segment Financial Information (thousands)
	As of and for the nine months ended June 30, 2024
	Optex Richardson			Applied Optics Center Dallas			Other (non-allocated costs and intersegment eliminations)			Consolidated Total

Revenues from external customers	$	12,344		$	12,208		$	-		$	24,552
Intersegment revenues		-			700			(700	)		-
Total revenue	$	12,344		$	12,908		$	(700	)	$	24,552

Interest expense	$	-		$	-		$	32		$	32

Depreciation and amortization	$	103		$	238		$	-		$	341

Income (loss) before taxes	$	850		$	3,033		$	(392	)	$	3,491

Other significant noncash items:
Allocated home office expense	$	(1,019	)	$	1,019		$	-		$	-
Stock compensation expense	$	-		$	-		$	360		$	360
Warranty expense	$	17		$	(4	)	$	-		$	13

Segment assets	$	16,449		$	8,413		$	-		$	24,862
Expenditures for segment assets	$	1,331		$	172		$	-		$	1,503

	Reportable Segment Financial Information (thousands)
	As of and for the nine months ended July 2, 2023
	Optex Richardson			Applied Optics Center Dallas		Other (non-allocated costs and intersegment eliminations)			Consolidated Total

Revenues from external customers	$	7,742		$	9,840	$	-		$	17,582
Intersegment revenues		-			511		(511	)		-
Total revenue	$	7,742		$	10,351	$	(511	)	$	17,582

Interest expense	$	-		$	-	$	31		$	31

Depreciation and amortization	$	38		$	214	$	-		$	252

Income (loss) before taxes	$	(527	)	$	1,747	$	(165	)	$	1,055

Other significant noncash items:
Allocated home office expense	$	(978	)	$	978	$	-		$	-
Stock compensation expense	$	-		$	-	$	134		$	134
Warranty expense	$	-		$	171	$	-		$	171

Segment assets	$	11,671		$	9,293	$	-		$	20,964
Expenditures for segment assets	$	25		$	343	$	-		$	368