v3.19.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2019
Apr. 01, 2018
Mar. 31, 2019
Apr. 01, 2018
Income Statement [Abstract]        
Revenue $ 7,088 $ 4,550 $ 12,979 $ 9,327
Cost of Sales 5,107 3,557 9,556 7,218
Gross Margin 1,981 993 3,423 2,109
General and Administrative Expense 799 786 1,542 1,559
Operating Income 1,182 207 1,881 550
Gain (Loss) on Change in Fair Value of Warrants (1,932) 2,350 (547) 2,006
Total Other Income (1,932) 2,350 (547) 2,006
Other Expenses        
Interest Expense (6) (9) (12) (12)
Other Income (Expense) (1,938) 2,341 (559) 1,994
Income (Loss) Before Taxes (756) 2,548 1,322 2,544
Current Income Tax Expense (Benefit) 217 (83) 270 8
Net income (loss) (973) 2,631 1,052 2,536
Dividends declared on participating securities (88) (178)
Deemed dividends on participating securities (820) (348) (693)
Net income (loss) applicable to common shareholders $ (973) $ 1,723 $ 704 $ 1,665
Basic income (loss) per share (in dollars per share) $ (0.12) $ (0.20) $ 0.08 $ (0.20)
Weighted Average Common Shares Outstanding - basic (in shares) 8,387,086 8,417,438 8,360,220 8,482,273
Diluted income (loss) per share (in dollars per share) $ (0.12) $ 0.2 $ 0.08 $ 0.19
Weighted Average Common Shares Outstanding - diluted (in shares) 8,387,086 8,744,759 8,846,253 8,815,922

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