Annual report pursuant to section 13 and 15(d)

Consolidated Statements of Cash Flows

v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Sep. 29, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net income (loss) $ 137 $ (367)
Adjustments to reconcile net loss to net cash (used in)/provided by operating activities:    
Depreciation and amortization 69 165
Provision for allowance for inventory valuation 149 328
(Increase) decrease in deferred tax asset (net of valuation allowance) 80 48
Noncash interest expense (income)   (16)
Stock option compensation expense 128 152
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable (1,276) 549
(Increase) decrease in inventory (net of progress billed) (634) (3,334)
(Increase) decrease in prepaid expenses (8) (11)
Increase (decrease) in accounts payable and accrued expenses (165) 612
Increase (decrease) in customer advance deposits (16) 2,720
Increase (decrease) in accrued estimated loss on contracts (2) 2
Total adjustments (1,675) 1,215
Net cash (used in)/provided by operating activities (1,538) 848
Cash flows from investing activities:    
(Increase) decrease in prepaid royalties - long term 30 (210)
Purchased of property and equipment (121) (96)
Net cash (used in) provided by investing activities (91) (306)
Cash flows from financing activities:    
Proceeds (to) from credit facility (net) 858 (507)
Proceeds from issuance of common stock   50
Proceeds from warrant exercise   54
Net cash (used In) provided by financing activities 858 (403)
Net increase (decrease) in cash and cash equivalents (771) 139
Cash and cash equivalents at beginning of period 1,653 1,514
Cash and cash equivalents at end of period 882 1,653
Supplemental cash flow information:    
Cash paid for interest 42 35
Supplemental noncash financing information:    
Exchange of preferred stock for common stock $ 50 $ 25