Quarterly report [Sections 13 or 15(d)]

Accounting Policies (Tables)

v3.25.1
Accounting Policies (Tables)
6 Months Ended
Mar. 30, 2025
Accounting Policies [Abstract]  
Schedule of Inventory

   

March 30,

2025

   

September 29,

2024

 
    (Thousands)  
   

March 30, 2025

   

September 29, 2024

 
Raw Material   $ 8,073     $ 9,460  
Work in Process     6,207       5,954  
Finished Goods     707       556  
Gross Inventory   $ 14,987     $ 15,970  
Less: Inventory Reserves     (1,065 )     (1,107 )
Net Inventory   $ 13,922     $ 14,863  
Schedule of Warranty Reserves

   

March 30,

2025

   

March 31,

2024

   

March 30,

2025

   

March 31,

2024

 
   

(Thousands)

 
    Three months ended     Six Months ended  
   

March 30, 2025

   

March 31, 2024

   

March 30, 2025

   

March 31, 2024

 
Beginning balance   $ 22     $ 48     $ 52     $ 75  
                                 
Incurred costs for warranties satisfied during the period     -       (5 )     -       (37 )
                                 
Warranty Expenses:                                
Warranties reserved for new product shipped during the period(1)     13       26       25       64  
Change in estimate for pre-existing warranty liabilities(2)     71       -       29       (33 )
Warranty Expense     84       26       54       31  
                                 
Ending balance   $ 106     $ 69     $ 106     $ 69  

 

(1) Warranty expenses accrued to cost of sales (based on current period shipments and historical warranty return rate.)
   
(2) Changes in estimated warranty liabilities recognized in cost of sales associated with: the period end customer returned warranty backlog, or the actual costs of repaired/replaced warranty units which were shipped to the customer during the current period.