Gresham Worldwide (GIGAQ) 10-K 2003 FY Annual report

Exhibit 23.1

REPORT ON FINANCIAL STATEMENT SCHEDULE AND CONSENT OF
INDEPENDENT AUDITORS

The Board of Directors
Giga-tronics Incorporated

     The audits referred to in our report dated May 2, 2003 included the related financial statement schedule for the years ended March 29, 2003, March 30, 2002, and March 31, 2001, included herein. This financial statement schedule is the responsibility of the Company’s management. Our responsibility is to express an opinion on this financial statement schedule based on our audits. In our opinion, such financial statement schedule, when considered in relation to the basic consolidated financial statements taken as a whole, presents fairly, in all material respects, the information set forth therein.

     We consent to incorporation by reference in the registration statements (Nos. 333-45476, 333-34719, 333-39403, and 333-69688) on Form S-8 of Giga-tronics Incorporated of our reports included herein.

/s/ KPMG LLP
KPMG LLP

Mountain View, California
May 28, 2003

43

Schedule II

Column A	Column B		Column C		Column D		Column E
	Balance at		Charged to				Balance
	Beginning of		Cost and		Deductions		at End
Description	Period		Expenses		(Recoveries)		of Period
		$		$		$		$
Year ended March 29, 2003
Allowances deducted from assets:
Accounts receivable:
For allowance for doubtful accounts1		358,135		31,773		36,685		353,223
Total		358,135		31,773		36,685		353,223
Year ended March 30, 2002
Allowances deducted from assets:
Accounts receivable:
For allowance for doubtful accounts1		261,776		110,430		14,071		358,135
Total		261,776		110,430		14,071		358,135
Year ended March 31, 2001
Accounts receivable:
For allowance for doubtful accounts1		253,890		13,589		5,703		261,776
Total		253,890		13,589		5,703		261,776

     ¹ Allowance for accounts receivable collection exposure.

44