Annual report pursuant to Section 13 and 15(d)

11. Major Customers and Suppliers

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11. Major Customers and Suppliers
12 Months Ended
Dec. 31, 2016
Major Customers and Suppliers [Abstract]  
Major Customers and Suppliers

For the fiscal year ended December 31, 2016, no customer represented more than 10% of our total revenues. For the fiscal year ended January 2, 2016, no customer represented more than 10% of our total revenues. As of December 31, 2016, two customers, each represented more than 10% of our total trade receivables, for a total of 25% of our total trade receivables. As of January 2, 2016, two customers, each represented more than 10% of our total trade receivables, for a total of 39% of our total trade receivables.

 

During the two fiscal years ended December 31, 2016 and January 2, 2016, we purchased a vast majority of appliances for resale from three suppliers.  We have and are continuing to secure other vendors from which to purchase appliances. However, the curtailment or loss of one of these suppliers or any appliance supplier could adversely affect our operations.