v3.24.2.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Oct. 01, 2023
ASSETS    
Cash and Cash Equivalents $ 486 $ 1,204
Accounts Receivable, Net 3,321 3,624
Inventory, Net 15,118 12,153
Contract Asset 237 336
Prepaid Expenses 316 219
Current Assets 19,478 17,536
Property and Equipment, Net 1,192 998
Other Assets    
Deferred Tax Asset 838 922
Intangible Assets, Net 969
Right-of-use Asset 2,362 [1] 2,740
Security Deposits 23 23
Other Assets 4,192 3,685
Total Assets 24,862 22,219
Current Liabilities    
Accounts Payable 1,709 810
Credit Facility 1,000
Operating Lease Liability 634 620
Federal Income Taxes Payable 247
Accrued Expenses 1,187 1,265
Accrued Selling Expense 250 336
Accrued Warranty Costs 36 75
Contract Loss Reserves 101 243
Customer Advance Deposits 320 481
Current Liabilities 5,237 4,077
Other Liabilities    
Credit Facility-Long Term 1,000
Operating Lease Liability, net of current portion 1,894 2,282
Other Liabilities 1,894 3,282
Total Liabilities 7,131 7,359
Commitments and Contingencies
Stockholders’ Equity    
Common Stock – ($0.001 par, 2,000,000,000 authorized, 6,873,234 and 6,763,070 shares issued and outstanding, respectively) 7 7
Additional Paid in Capital 21,402 21,285
Accumulated Deficit (3,678) (6,432)
Stockholders’ Equity 17,731 14,860
Total Liabilities and Stockholders’ Equity $ 24,862 $ 22,219
[1] Short-term and Long-term portion of Operating Lease Liability is $634 thousand and $1,894 thousand, respectively.

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