Annual report pursuant to section 13 and 15(d)

Condensed Consolidated Balance Sheets

v2.3.0.11
Condensed Consolidated Balance Sheets (USD $)
In Thousands
Oct. 02, 2011
Oct. 03, 2010
ASSETS    
Cash $ 1,514 $ 1,030
Accounts Receivable 2,392 2,375
Deferred Tax Asset - Short Term 0 376
Net Inventory 4,088 5,890
Prepaid Expenses 17 245
Total Current Assets 8,011 9,916
Property and Equipment    
Property Plant and Equipment 1,488 1,457
Accumulated Depreciation (1,227) (1,161)
Total Property and Equipment 261 296
Other Assets    
Deferred Tax Asset - Long Term 1,204 617
Security Deposits 21 21
Total Other Assets 1,225 638
Total Assets 9,497 10,850
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts Payable 716 763
Accrued Expenses 547 574
Accrued Warranties 25 25
Accrued Contract Losses 0 1,357
Credit Facility 507 1,107
Total Current Liabilities 1,795 3,826
Total Liabilities 1,795 3,826
Stockholders' Equity    
Optex Systems Holdings, Inc. - (par $0.001, 2,000,000,000 authorized, 139,444,940 shares issued and outstanding) 139 139
Optex Systems Holdings, Inc. Preferred Stock ($0.001 par 5,000 authorized, 1,027 series A preferred issued and outstanding) 0 0
Additional Paid-in-capital 17,662 17,162
Retained Earnings (Deficit) (10,099) (10,277)
Total Stockholders' Equity 7,702 7,024
Total Liabilities and Stockholders' Equity $ 9,497 $ 10,850