Note 10 - Major Customers and Export Sales

3 Months Ended

Dec. 26, 2020

Notes to Financial Statements

Concentration Risk Disclosure [Text Block]

NOTE 10. Major Customers and Export Sales

During the

three

months ended

December 26, 2020,

the Company had

two

customers that represented

100%

(

89%

and

11%,

respectively) of net revenue and at

December 26, 2020

had

one

customer representing

100%

of accounts receivable. During the

three

months ended

December 28, 2019,

the Company had

two

customers that represented

87%

(

61%

and

26%,

respectively) of net revenue and at

December 28, 2019

had

one

customer representing

99%

of accounts receivable.

A breakdown of foreign and domestic net revenue for

first

three

months of fiscal

2021

and

2020

is as follows:

	2021		2020
Domestic	$	-	$	492,209
Foreign		166,925		173,716
Total net revenue	$	166,925	$	665,925

The Company sold products into

two

countries during the

three

month period ended

December 26, 2020

and

one

country during the

three

month period ended

December 28, 2019.

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 for the

first

quarters of fiscal

2021

and

2020.

	2021			2020
Morocco		89	%		-
Saudi Arabia		11	%		100	%

NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS (Cont'd)

A summary of foreign revenue, as a percentage of total foreign revenue by geographic area, for the

first

quarters of fiscal

2021

and

2020

is as follows:

	2021			2020
Mid-East and Africa		100	%		100	%