|
The
financial tables below present information on the reportable segments’ profit or loss for each period, as well as segment assets
as of each period end. The Company does not allocate interest expense, income taxes or unusual items to segments.
Schedule of Segment Reporting Information
| |
|
Reportable
Segment Financial Information
(thousands) |
|
| |
|
As
of and for the three months ended January 1, 2023 |
|
| |
|
Optex
Systems
Richardson |
|
|
Applied
Optics Center
Dallas |
|
|
Other
(non-allocated costs and intersegment eliminations) |
|
|
Consolidated
Total |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues
from external customers |
|
$ |
1,619 |
|
|
$ |
2,421 |
|
|
$ |
- |
|
|
$ |
4,040 |
|
| Intersegment
revenues |
|
|
- |
|
|
|
116 |
|
|
|
(116 |
) |
|
|
- |
|
| Total
Revenue |
|
$ |
1,619 |
|
|
$ |
2,537 |
|
|
$ |
(116 |
) |
|
$ |
4,040 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation
and Amortization |
|
$ |
11 |
|
|
$ |
70 |
|
|
$ |
- |
|
|
$ |
81 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (Loss) income before taxes |
|
$ |
) |
|
$ |
|
|
$ |
) |
|
$ |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other
significant noncash items: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Allocated
home office expense |
|
$ |
(280 |
) |
|
$ |
280 |
|
|
$ |
- |
|
|
$ |
- |
|
| Stock
compensation expense |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
35 |
|
|
$ |
35 |
|
| Warranty
expense |
|
$ |
- |
|
|
$ |
60 |
|
|
$ |
- |
|
|
$ |
60 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segment
Assets |
|
$ |
11,745 |
|
|
$ |
7,628 |
|
|
$ |
- |
|
|
$ |
19,373 |
|
| Expenditures
for segment assets |
|
$ |
23 |
|
|
$ |
67 |
|
|
$ |
- |
|
|
$ |
90 |
|
| |
|
Reportable
Segment Financial Information
(thousands) |
|
| |
|
As
of and for the three months ended January 2, 2022 |
|
| |
|
Optex
Systems
Richardson |
|
|
Applied
Optics Center
Dallas |
|
|
Other
(non-allocated costs and intersegment eliminations) |
|
|
Consolidated
Total |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues
from external customers |
|
$ |
1,857 |
|
|
$ |
2,483 |
|
|
$ |
- |
|
|
$ |
4,340 |
|
| Intersegment
revenues |
|
|
- |
|
|
|
180 |
|
|
|
(180 |
) |
|
|
- |
|
| Total
Revenue |
|
$ |
1,857 |
|
|
$ |
2,663 |
|
|
$ |
(180 |
) |
|
$ |
4,340 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation
and Amortization |
|
$ |
10 |
|
|
$ |
62 |
|
|
$ |
- |
|
|
$ |
72 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income
(loss) before taxes |
|
$ |
) |
|
$ |
|
|
$ |
) |
|
$ |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other
significant noncash items: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Allocated
home office expense |
|
$ |
(236 |
) |
|
$ |
236 |
|
|
$ |
- |
|
|
$ |
- |
|
| Stock
compensation expense |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
57 |
|
|
$ |
57 |
|
| Warranty
expense |
|
$ |
- |
|
|
$ |
46 |
|
|
$ |
- |
|
|
$ |
46 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segment
Assets |
|
$ |
14,267 |
|
|
$ |
7,088 |
|
|
$ |
- |
|
|
$ |
21,355 |
|
| Expenditures
for segment assets |
|
$ |
25 |
|
|
$ |
65 |
|
|
$ |
- |
|
|
$ |
90 |
|
|