XML 34 R20.htm IDEA: XBRL DOCUMENT v3.19.1
SUBSEQUENT EVENTS
12 Months Ended
Dec. 30, 2018
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 14-SUBSEQUENT EVENTS

Loan Repayment

The Company repaid $7.0 million on January 4, 2019 and $5 million on January 8, 2019 of revolving debt at an interest rate of 6.0%.

Business Acquisition

On January 3, 2019, the Company entered into an agreement with SensiML Corporation to acquire all of its issued and outstanding common stock in an all stock deal. The total aggregate purchase price was $1,169,752, and $200,000 worth of shares were deposited into escrow to be held for twelve months as security against indemnity claims made by the Company after the closing date.