Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.25.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Mar. 30, 2025
Mar. 31, 2024
Cash Flows from Operating Activities:    
Net Income $ 2,612 $ 1,493
Adjustments to Reconcile Net Income to Net Cash provided by Operating Activities:    
Depreciation and Amortization 255 209
Stock Compensation Expense 164 270
Deferred Tax 196 47
Accounts Receivable (475) (56)
Inventory 941 (1,530)
Contract Asset 36 86
Prepaid Expenses (190) (185)
Leases (4) 5
Accounts Payable and Accrued Expenses 602 1,063
Federal Income Taxes Payable (74) (247)
Accrued Warranty Costs 54 (6)
Accrued Selling Expense (12) (78)
Customer Advance Deposits (87)
Estimated Contract Losses Accrued (33) (93)
Total Adjustments 1,373 (515)
Net Cash provided by Operating Activities 3,985 978
Cash Flows from Investing Activities    
Purchase of Intangible Assets (10) (1,030)
Purchases of Property and Equipment (453) (167)
Net Cash used in Investing Activities (463) (1,197)
Cash Flows from Financing Activities    
Borrowing from Credit Facility 500
Payments to Credit Facility (1,000) (1,000)
Cash Paid for Taxes Withheld on Net Settled Restricted Stock Unit Shares Issued (164)
Net Cash used in Financing Activities (1,000) (664)
Net Increase (Decrease) in Cash and Cash Equivalents 2,522 (883)
Cash and Cash Equivalents at Beginning of Period 1,009 1,204
Cash and Cash Equivalents at End of Period 3,531 321
Cash Transactions:    
Cash Paid for Taxes 608 758
Cash Paid for Interest $ 12 $ 12