Quarterly report [Sections 13 or 15(d)]

Segment Reporting (Tables)

Segment Reporting (Tables)

9 Months Ended

Jun. 29, 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 June 29, 2025
	Optex Richardson			Applied Optics Center Dallas		Other (non- allocated costs and intersegment eliminations)			Consolidated Total

Revenues from external customers	$	6,838		$	4,272	$	-		$	11,110
Intersegment revenues		-			325		(325	)		-
Total revenue	$	6,838		$	4,597	$	(325	)	$	11,110

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

Depreciation and amortization	$	72		$	59	$	-		$	131

Income before taxes	$	1,103		$	891	$	(83	)	$	1,911

Other significant noncash items:
Allocated home office expense	$	(328	)	$	328	$	-		$	-
Stock compensation expense	$	-		$	-	$	83		$	83
Warranty expense	$	-		$	68	$	-		$	68

Segment assets	$	20,626		$	8,554	$	-		$	29,180
Expenditures for segment assets	$	-		$	-	$	-		$	-

	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
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 nine months ended June 29, 2025
	Optex Richardson			Applied Optics Center Dallas		Other (non- allocated costs and intersegment eliminations)			Consolidated Total

Revenues from external customers	$	16,572		$	13,466	$	-		$	30,038
Intersegment revenues		-			917		(917	)		-
Total revenue	$	16,572		$	14,383	$	(917	)	$	30,038

Interest expense	$	-		$	-	$	12		$	12

Depreciation and amortization	$	203		$	183	$	-		$	386

Income before taxes	$	1,930		$	3,382	$	(259	)	$	5,053

Other significant noncash items:
Allocated home office expense	$	(983	)	$	983	$	-		$	-
Stock compensation expense	$	-		$	-	$	247		$	247
Warranty expense	$	-		$	121	$	-		$	121

Segment assets	$	20,626		$	8,554	$	-		$	29,180
Expenditures for segment assets	$	218		$	245	$	-		$	463

	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