Annual report pursuant to Section 13 and 15(d)

Debt Financing (Details Narrative 1)

v3.7.0.1
Debt Financing (Details Narrative 1) - Revolving Credit Facility [Member] - Avidbank [Member] - USD ($)
$ in Thousands
12 Months Ended
Apr. 20, 2016
Oct. 02, 2016
Sep. 27, 2015
Maturity date Jan. 22, 2018    
Maximum borrowing capacity $ 2,000    
Maturity term 20 months    
Description of interest rate

Prime rate plus 2.5%.

   
Renewal fees $ 10    
Percentage of facility fee 0.50%    
Frequency of interest payments

Monthly

   
Periodic interest $ 10    
Description of term period

The loan period is from April 20 through January 22, 2018 at which time any outstanding advances, and accrued and unpaid interest thereon, will be due and payable.

   
Line of credit outstanding   $ 300  
Total interest (income) expense   $ 36 $ 33
Optex Systems, Inc (Delaware) [Member]      
Description of collateral

Secured by a first lien on all of its assets (including intellectual property assets should it have any in the future) in favor of Avidbank.

   
Prime Rate [Member]      
Basis spread on variable rate 2.50%