Quarterly report pursuant to Section 13 or 15(d)

8. Receivables

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8. Receivables
3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Receivables

Note 8:          Receivables

 

    March 31,
2018
    December 30,
2017
 
Trade receivables, net   $ 5,471     $ 8,826  
Factored accounts receivable     (716 )      
Prestige Capital reserve receivable     130        
Due from Recleim     819       819  
Other receivables     172       391  
Trade and other receivables, net   $ 5,876     $ 10,036  

 

 

For the 13 weeks ended March 31, 2018, two customers represented more than 10% of our total revenues. For the 13 weeks ended April 1, 2017, three customers represented more than 10% of our total revenues. As of March 31, 2018, two customers, each represented more than 10% of our total trade receivables, for a total of 43% of our total trade receivables. As of December 30, 2017, two customers, each represented more than 10% of our total trade receivables, for a total of 25% of our total trade receivables.

 

During the 13 weeks ended March 31, 2018 and April 1, 2017, respectively, we purchased 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.