v3.20.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 28, 2020
Jun. 30, 2019
Jun. 28, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Revenue $ 5,849 $ 5,347 $ 18,682 $ 18,325
Cost of Sales 4,368 4,274 14,114 13,829
Gross Margin 1,481 1,073 4,568 4,496
General and Administrative Expense 855 808 2,442 2,350
Operating Income 626 265 2,126 2,146
(Loss) Gain on Change in Fair Value of Warrants (585) 81 (504) (465)
Interest Expense (5) (5) (17) (17)
Other (Expense) Income (590) 76 (521) (482)
Income Before Taxes 36 341 1,605 1,664
Income Tax Expense (Benefit), net 131 (35) 435 236
Net (Loss) Income (95) 376 1,170 1,428
Deemed dividends on participating securities (124) (372) (471)
Net (loss) income applicable to common shareholders $ (95) $ 252 $ 798 $ 957
Basic (loss) income per share $ (0.01) $ 0.03 $ 0.09 $ 0.11
Weighted Average Common Shares Outstanding - basic 8,491,803 8,398,314 8,472,739 8,372,918
Diluted (loss) income per share $ (0.01) $ 0.03 $ 0.09 $ 0.11
Weighted Average Common Shares Outstanding - diluted 8,491,803 9,649,660 8,596,745 9,114,055

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