Discontinued Operations (Tables)

9 Months Ended

Jun. 30, 2013

Discontinued Operations

Summarized financial information related to the Thermal Imaging Business and is segregated from continuing operations and reported as discontinued operations

	Three Months Ended				Nine Months Ended
	(Unaudited)				(Unaudited)
	June 30,		July 1,		June 30,		July 1,
	2013		2012		2013		2012
Total revenues	$	-	$	-	$	-	$	1,982,000
Cost and expenses
Cost of revenues		-		-		-		1,809,000
General and administrative expense		-		-		-		87,000
Research and development expense		-		-		-		574,000
Total costs and expenses		-		-		-		2,470,000
Loss from operations		-		-		-		(488,000)
Gain on disposal (net of $0 tax)		-		-		-		7,748,000
Net (loss) from discontinued operations (net of $0 tax)	$	-	$	-	$	-	$	7,260,000

	Three Months Ended						Nine Months Ended
	(Unaudited)						(Unaudited)
	June 30,			July 1,			June 30,			July 1,
	2013			2012			2013			2012
Total revenues	$	605,000		$	933,000		$	2,119,000		$	3,432,000
Cost of revenues		500,000			1,569,000			3,106,000			2,495,000
General and administrative expense		231,000			194,000			1,113,000			3,032,000
Research and development expense		(62,000	)		487,000			702,000			1,293,000
Total costs and expenses		669,000			2,250,000			4,921,000			6,820,000
(Loss) on disposal of assets		(270,000	)		-			(270,000	)		-
Net (loss) from discontinued operations (net of $0 tax)	$	(334,000	)	$	(1,317,000	)	$	(3,072,000	)	$	(3,388,000	)

	June 30, 2013		September 30, 2012
	(Unaudited)		(Unaudited)
Accounts receivable, net	$	153,000	$	445,000
Unbilled revenues on uncompleted contracts		562,000		549,000
Prepaid expenses and other current assets		11,000		54,000
Current assets of discontinued operations	$	726,000	$	1,048,000
Property and equipment, net	$	64,000	$	824,000
Other assets		36,000		117,000
Non-current assets of discontinued operations	$	100,000	$	941,000
Accounts payable	$	256,000	$	211,000
Accrued expenses		508,000		311,000
Advance billings on uncompleted contracts		141,000		297,000
Current liabilities from discontinued operations	$	905,000	$	819,000