Note 2 - Revision of Prior Period Financial Statements

12 Months Ended

Mar. 30, 2014

Accounting Changes and Error Corrections [Abstract]

Accounting Changes and Error Corrections [Text Block]

NOTE 2. REVISION OF PRIOR PERIOD FINANCIAL STATEMENTS

During the first quarter of fiscal 2013, we identified an error in our accounting for stock-based compensation previously recorded in the fourth quarter of fiscal 2012. We assessed the materiality of the error on prior periods' financial statements and concluded that the error was not material to any of our prior period annual or interim financial statements. We elected to revise previously issued consolidated financial statements the next time they were filed. As each subsequent filing is made in the future, the previous period consolidated financial statements affected by the errors will be revised. We have revised the April 1, 2012 consolidated balance sheet and the statements of operations for fiscal year 2012 included herein to reflect the correct balances. We reduced the additional paid-in capital and accumulated deficit each by $741,000 as of the end of fiscal year 2012 related to the above mentioned error as shown in the consolidated statements of stockholders’ equity and net loss as reported for fiscal year 2012 was reduced accordingly by $741,000.