Note 10 - Major Customers and Export Sales

6 Months Ended

Mar. 27, 2021

Concentration Risk Disclosure [Text Block]

NOTE

10.

Major Customers and Export Sales

During the

three

months ended

March 27, 2021,

the Company had

four

customers that represented

84%

(

40%,

16%,

16%

and

12%,

respectively) of net revenue as compared to the

three

months ended

March 28, 2020,

during which

two

customers represented

87%

(

63%

and

24%,

respectively) of net revenue. During the

six

month period ended

March 27, 2021,

the Company had

four

customers that represented

75%

(

31%,

19%,

13%

and

12%,

respectively) of net revenue as compared to the

six

month period ended

March 28, 2020,

during which

two

customers represented

75%

(

63%

and

12%,

respectively) of net revenue.

A breakdown of foreign and domestic net revenue for the

first

three

and

six

months of fiscal

2021

and

2020

is as follows:

	March 27, 2021				March 28, 2020
	3 months		6 months		3 months		6 months

Domestic	$	546,924	$	546,924	$	495,838	$	988,047
Foreign		69,630		236,555		226,913		400,629
Total net revenue	$	616,554	$	783,479	$	722,751	$	1,388,676

The Company sold products into

two

countries during each of the

three

month periods ended

March 27, 2021

and

March 28, 2020.

The Company sold products into

four

countries during the

six

month period ended

March 27, 2021

and

two

countries during the

six

month period ended

March 28, 2020.

A sale is attributed to a foreign country based on the location of the contracting party. Domestic revenue

may

include the sale of products shipped through domestic resellers or manufacturers to international destinations. The table below summarizes foreign revenues by country as a percentage of total foreign revenue.

	March 27, 2021						March 28, 2020
	3 months			6 months			3 months			6 months

Egypt		83	%		24	%		-			-
Philippines		17	%		5	%		-			-
Morocco		-			63	%		-			-
Saudi Arabia		-			8	%		99	%		99	%
Bahrain		-			-			1	%		1	%

A summary of foreign revenue, as a percentage of total foreign revenue by geographic area, is as follows:

	March 27, 2021						March 28, 2020
	3 months			6 months			3 months			6 months

Mid-East and Africa		83	%		95	%		100	%		100	%
Far East		17	%		5	%		-			-