Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Balance Sheets

v3.25.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 28, 2025
Sep. 29, 2024
ASSETS    
Cash and Cash Equivalents $ 6,389 $ 1,009
Accounts Receivable, Net 4,569 3,764
Inventory, Net 14,322 14,863
Contract Asset 142 219
Prepaid Expenses 285 217
Current Assets 25,707 20,072
Property and Equipment, Net 1,427 1,292
Other Assets    
Deferred Tax Asset 1,199 947
Intangibles, net 951
Right-of-use Asset 1,700 [1] 2,233
Security Deposits 23 23
Other Assets 2,922 4,154
Total Assets 30,056 25,518
Current Liabilities    
Accounts Payable 1,525 1,177
Credit Facility 1,000
Operating Lease Liability 645 638
Federal Income Taxes Payable 87 74
Accrued Expenses 1,634 1,258
Accrued Selling Expense 141 237
Accrued Warranty Costs 162 52
Contract Loss Reserves 132 259
Customer Advance Deposits 234 255
Current Liabilities 4,560 4,950
Other Liabilities    
Operating Lease Liability, net of current portion 1,205 1,760
Total Liabilities 5,765 6,710
Commitments and Contingencies  
Stockholders’ Equity    
Common Stock – ($0.001 par, 2,000,000,000 authorized, 6,920,658 and 6,873,938 shares issued and outstanding, respectively) 7 7
Additional Paid in Capital 21,801 21,465
Retained Earnings (Accumulated Deficit) 2,483 (2,664)
Stockholders’ Equity 24,291 18,808
Total Liabilities and Stockholders’ Equity $ 30,056 $ 25,518
[1] Includes $150 thousand of unamortized deferred rent.