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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Dec. 26, 2020
Sep. 26, 2020
Current Assets:    
Cash and cash equivalents $ 666,383 $ 1,513,852
Accounts receivable - trade 147,930 134,412
Inventories, net 965,618 902,051
Other current assets 129,074 153,483
Total current assets 1,909,005 2,703,798
Equipment and leasehold improvements 4,595,152 4,595,152
Less: accumulated depreciation and amortization (4,580,183) (4,576,423)
Equipment and leasehold improvements, net 14,969 18,729
Operating lease right-of-use asset 521,237 558,767
Total Assets 2,445,211 3,281,294
Current Liabilities:    
Current operating lease liabilities 153,680 152,248
Current portion of long-term debt 992
Accounts payable 178,580 66,154
Customer deposits 227,470 161,953
Deferred income 474,400
Accrued liabilities:    
Accrued compensation and related expenses 201,588 250,750
Accrued commissions 114,094 229,314
Other current liabilities 16,064 25,531
Total current liabilities 892,468 1,360,350
Long-term operating lease liability 367,558 406,519
Note payable – long-term (Note 7) 149,008 150,000
Total Liabilities 1,409,034 1,916,869
Commitments and contingencies
Stockholders’ Equity:    
Common stock, par value $0.10 per share; 7,000,000 shares authorized; 1,850,403 shares issued and outstanding at December 26, 2020 and September 26, 2020 185,041 185,041
Additional paid-in capital 4,258,828 4,244,965
Accumulated deficit (3,407,692) (3,065,581)
Total stockholders’ equity 1,036,177 1,364,425
Total Liabilities and Stockholders’ Equity $ 2,445,211 $ 3,281,294