v3.20.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jun. 28, 2020
Jun. 30, 2019
Cash Flows from Operating Activities:    
Net Income $ 1,170 $ 1,428
Adjustments to Reconcile Net Income to Net Cash provided by (used in) Operating Activities:    
Depreciation and Amortization 185 255
Loss on Change in Fair Value of Warrants 504 465
Stock Compensation Expense 120 84
Deferred Tax 144
(Gain) On Sale of Fixed Assets (3)
Accounts Receivable 89 273
Inventory, net 332 (1,939)
Prepaid Expenses 69 (177)
Accounts Payable and Accrued Expenses (814) (38)
Federal Income Taxes Payable (22)
Accrued Warranty Costs 65 (60)
Prepaid Royalties 23
Customer Advance Deposits (3) (304)
Increase (Decrease) In Accrued Estimated Loss On Contracts
Total Adjustments 691 (1,443)
Net Cash provided by (used in) Operating Activities 1,861 (15)
Cash Flows used in Investing Activities    
Purchases of Property and Equipment (150) (136)
Proceeds From Sale of Fixed Assets 4
Net Cash used in Investing Activities (150) (132)
Cash Flows provided by (used in) Financing Activities    
Cash Paid for Taxes Withheld On Net Settled Restricted Stock Unit Share Issue (54) (37)
Borrowings from payments (to) Credit Facility 127 (50)
Proceeds from Warrant Exercise 72
Warrant Repurchase (75)
Stock Repurchase (64)
Net Cash provided by (used in) Financing Activities 9 (90)
Net Increase (Decrease) in Cash and Cash Equivalents 1,720 (237)
Cash and Cash Equivalents at Beginning of Year 1,068 1,133
Cash and Cash Equivalents at End of Period 2,788 896
Non Cash Transactions:    
Right-of-Use Asset 1,811
Operating Lease Liabilities (1,894)
Cash Paid for Taxes 289 360
Cash Paid for Interest $ 16 $ 18

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