Annual report pursuant to Section 13 and 15(d)

Major Customers and Suppliers

v3.23.1
Major Customers and Suppliers
12 Months Ended
Dec. 31, 2022
Risks and Uncertainties [Abstract]  
Major Customers and Suppliers

Note 22: Major customers and suppliers

For the fiscal year ended December 31, 2022, five customers represented approximately 37% of the Company's total revenues. For the fiscal year ended January 1, 2022, two customers represented 22% of the Company's total revenues. As of December 31, 2022, five customers each represented seven percent or more of the Company's total trade receivables for a combined total of approximately 53%. As of January 1, 2022, five customers represented five percent or more 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.