Note 3 - Interim Consolidated Financial Statement Details
|3 Months Ended|
Apr. 03, 2016
|Notes to Financial Statements|
|Condensed Financial Statements [Text Block]||
The following consolidated financial statement details are presented as of the period ended for the consolidated balance sheets and for the periods ended for each of the consolidated statements of operations and comprehensive loss.
Consolidated Balance Sheets
Restricted cash pertains to deposits which have been guaranteed to a government agency pertaining to estimated value added taxes (VAT) on imported raw materials inventory in Suzhou, China. Cash is generally restricted for a contractual term of 12 months or less and is released when the finished goods are exported or the expected imported raw materials are cancelled.
Accounts receivable – net:
Inventories are recorded net of a provision for obsolescence as at April 3, 2016 and January 3, 2016 of $816 and $673 respectively.
Property, plant and equipment – net:
Consolidated Statements of Operations and Comprehensive Income (Loss)
The entire disclosure for condensed financial statements.
Reference 1: http://www.xbrl.org/2003/role/presentationRef