Note 8 - Income Taxes

6 Months Ended

Mar. 27, 2021

Income Tax Disclosure [Text Block]

NOTE

Income Taxes

The Company has

not

recorded an income tax benefit on its net loss for the

six

month periods ended

March 27, 2021

and

March 28, 2020

due to its uncertain realizability. During previous fiscal years, the Company recorded a valuation allowance for the full amount of its net deferred tax assets since it could

not

predict the realization of these assets.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

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