Quarterly report pursuant to Section 13 or 15(d)

Trade and Other Receivables

v3.22.1
Trade and Other Receivables
 3 Months Ended
Apr. 02, 2022
Receivables [Abstract]  
Trade and Other Receivables

Note 3: Trade and other receivables

The Company’s trade and other receivables as of April 2, 2022 and January 1, 2022, respectively, were as follows (in $000’s):

 

 

 

April 2,
2022

 

 

January 1,
2022

 

Trade receivables, net

 

$

6,052

 

 

$

6,105

 

Factored accounts receivable

 

 

(1,613

)

 

 

(2,194

)

Prestige Capital reserve receivable

 

 

294

 

 

 

172

 

Other receivables

 

 

97

 

 

 

137

 

Trade and other receivables, net

 

$

4,830

 

 

$

4,220

 

 

 

 

 

 

 

 

Trade accounts receivable

 

$

4,005

 

 

$

4,449

 

Un–billed trade receivables

 

 

2,047

 

 

 

1,656

 

Total trade receivables, net

 

$

6,052

 

 

$

6,105