Quarterly report [Sections 13 or 15(d)]

Segment Reporting (Tables)

Segment Reporting (Tables)

6 Months Ended

Mar. 30, 2025

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 March 30, 2025
		Optex Richardson			Applied Optics Center Dallas		Other (non-allocated costs and intersegment eliminations)			Consolidated Total

Revenues from external customers	$	6,319		$	4,411	$	-		$	10,730
Intersegment revenues		-			322		(322	)		-
Total revenue	$	6,319		$	4,733	$	(322	)	$	10,730

Interest (income) expense	$	-		$	-	$	(1	)	$	(1	)

Depreciation and amortization	$	67		$	59	$	-		$	126

Income before taxes	$	1,111		$	1,198	$	(71	)	$	2,238

Other significant noncash items:
Allocated home office expense	$	(328	)	$	328	$	-		$	-
Stock compensation expense	$	-		$	-	$	72		$	72
Warranty expense	$	-		$	84	$	-		$	84

Segment assets	$	19,313		$	8,164	$	-		$	27,477
Expenditures for segment assets	$	134		$	-	$	-		$	134

	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 (loss) before taxes	$	393		$	1,120	$	(166	)	$	1,347

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 six months ended March 30, 2025
	Optex Richardson			Applied Optics Center Dallas		Other (non-allocated costs and intersegment eliminations)			Consolidated Total

Revenues from external customers	$	9,734		$	9,194	$	-		$	18,928
Intersegment revenues		-			593		(593	)		-
Total revenue	$	9,734		$	9,787	$	(593	)	$	18,928

Interest expense	$	-		$	-	$	12		$	12

Depreciation and amortization	$	131		$	124	$	-		$	255

Income before taxes	$	826		$	2,491	$	(176	)	$	3,141

Other significant noncash items:
Allocated home office expense	$	(655	)	$	655	$	-		$	-
Stock compensation expense	$	-		$	-	$	164		$	164
Warranty expense	$	-		$	54	$	-		$	54

Segment assets	$	19,313		$	8,164	$	-		$	27,477
Expenditures for segment assets	$	218		$	245	$	-		$	463

	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 (loss) before taxes	$	409		$	1,770	$	(286	)	$	1,893

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