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Note 8 - Related Party Transactions
6 Months Ended
Sep. 27, 2015
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]

NOTE 8.

RELATED PARTY TRANSACTIONS


Alonim Investments Inc. (“Alonim”) through its wholly-owned affiliate, Rodfre Holdings LLC, owns approximately 7.6 million shares, or approximately 16%, of our outstanding common stock as of September 27, 2015. As such, Alonim is our largest stockholder. Future Electronics Inc. (“Future”) is also an affiliate of Alonim and our largest distributor. One of our directors is an executive officer of Future. Our related party transactions were mainly due to sales to Future.


Related party net sales as a percentage of our total net sales for the periods indicated below were as follows:


   

Three Months Ended

   

Six Months Ended

 
   

September 27,

2015

   

September 28,

2014

   

September 27,

2015

   

September 28,

2014

 

Alonim

    25%       20%       27%       24%  

Related party receivables as a percentage of our net accounts receivables were as follows as of the dates indicated below:


   

September 27,

2015

   

March 29,

2015

 

Alonim

    17%       6%  

Related party expenses for marketing promotional materials reimbursed were not significant for the three and six months ended September 27, 2015 and September 28, 2014, respectively.