Quarterly report pursuant to Section 13 or 15(d)

Accounting Policies (Tables)

v3.22.4
Accounting Policies (Tables)
3 Months Ended
Jan. 01, 2023
Accounting Policies [Abstract]  
Schedule of Inventory

 

    January 1, 2023     October 2, 2022  
    (Thousands)  
    January 1, 2023     October 2, 2022  
Raw Materials   $ 6,240     $ 6,953  
Work in Process     4,822       2,722  
Finished Goods     547       348  
Gross Inventory   $ 11,609     $ 10,023  
Less: Inventory Reserves     (811 )     (811 )
Net Inventory   $ 10,798     $ 9,212  
Schedule of Warranty Reserves

 

    Three months ended  
    January 1, 2023     January 2, 2022  
Beginning balance   $ 169     $ 78  
                 
Incurred costs for warranties satisfied during the period     -        (2 )
                 
Warranty expenses for new product shipped during the period(1)     60       46  
                 
Ending balance   $ 229     $ 122  

 

(1) Warranty expenses accrued to cost of sales (based on current period shipments and historical warranty return rate).