Annual report pursuant to Section 13 and 15(d)

Major Customers and Suppliers

v3.22.1
Major Customers and Suppliers
12 Months Ended
Jan. 01, 2022
Risks and Uncertainties [Abstract]  
Major Customers and Suppliers

Note 19: Major customers and suppliers

For the fiscal year ended January 1, 2022, two customers represented approximately 22% of the Company's total revenues. For the fiscal year ended January 2, 2021, one customer represented 13% of the Company's total revenues. As of January 1, 2022, five customers each represented five percent or more of the Company's total trade receivables for a combined total of approximately 38%. As of January 2, 2021, three customers, each represented more than 10% of the Company's total trade receivables, for a total of 38% of the Company's total trade receivables.

The Company purchased appliances for resale from five suppliers. The Company is 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.