Major Customers and Concentration Risk

3 Months Ended

Apr. 03, 2022

Risks and Uncertainties [Abstract]

Major Customers and Concentration Risk

Major Customers and Concentration Risk

The following customers accounted for 10% or more of revenue for the three months ended April 3, 2022 and April 4, 2021:

	Three Months Ended
	April 3, 2022		April 4, 2021
Customer A	16	%	37	%
Customer B	40	%	19	%
Customer C	*		10	%
	56	%	66	%

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* Represents less than 10% of revenue.

We had two major customers that accounted for 33% and 29% of outstanding trade accounts receivable as of April 3, 2022 and two major customers that accounted for 25% and 12% of outstanding trade accounts receivable as of January 2, 2022. The loss of a major customer could adversely affect our operating results and financial condition.