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

Property and Equipment

v3.25.3
Property and Equipment
12 Months Ended
Sep. 28, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 5 — Property and Equipment

 

A summary of property and equipment at September 28, 2025 and September 29, 2024 is as follows:

 

   

Estimated

Useful Life

 

September 28,

2025

   

September 29,

2024

 
        (Thousands)  
   

Estimated

Useful Life

 

September 28,

2025

   

September 29,

2024

 
Property and Equipment                    
Furniture and Fixtures   3-5 yrs   $ 485     $ 451  
Machinery and Equipment   5 yrs     5,605       5,145  
Leasehold Improvements   7 yrs     448       448  
                     
                     
Less: Accumulated Depreciation         (5,111 )     (4,752 )
Net Property & Equipment       $ 1,427     $ 1,292  
                     
Depreciation Expense       $ 359     $ 387  

 

During the twelve months ended September 28, 2025, Optex Systems Holdings purchased $34 thousand in new furniture and fixtures, $460 thousand in machinery and equipment and zero leasehold improvements. During the twelve months ended September 29, 2024, Optex Systems Holdings purchased $23 thousand in new furniture and fixtures, $614 thousand in machinery and equipment and $44 thousand in leasehold improvements. During the twelve months ended September 28, 2025 and September 29, 2024, there were no sales or retirements of fixed assets.