Giga-tronics (GIGA) 10-Q 12 Feb 19 2019 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Dec. 29, 2018	Feb. 04, 2019
Document Information [Line Items]
Entity Registrant Name	GIGA TRONICS INC
Entity Central Index Key	719,274
Trading Symbol	giga
Current Fiscal Year End Date	--03-30
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Common Stock, Shares Outstanding (in shares)		10,996,511
Document Type	10-Q
Document Period End Date	Dec. 29, 2018
Document Fiscal Year Focus	2,019
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Dec. 29, 2018	Mar. 31, 2018
Current assets:
Cash and cash-equivalents	$ 448	$ 1,485
Trade accounts receivable, net of allowance of $8 and $8, respectively	694	364
Inventories, net	3,182	5,487
Prepaid expenses and other current assets	1,464	87
Total current assets	5,788	7,423
Property and equipment, net	627	833
Other long-term assets	175	175
Total assets	6,590	8,431
Liabilities and shareholders' equity
Line of credit	455	552
Accounts payable	928	996
Loan payable, net of discounts and issuance costs	1,693	1,447
Accrued payroll and benefits	598	343
Deferred revenue	251	3,374
Capital lease obligations	43	52
Deferred liability related to asset sale	40	40
Deferred rent	69	58
Other current liabilities	870	947
Total current liabilities	4,947	7,809
Long term deferred rent	375	429
Long term obligations - capital lease	31	62
Total liabilities	5,353	8,300
Commitments and contingencies
Shareholders' equity:
Common stock of no par value; Authorized - 40,000,000 shares; 10,996,511 shares at December 29, 2018 and 10,312,653 shares at March 31, 2018 issued and outstanding	25,478	25,200
Accumulated deficit	(28,591)	(28,682)
Total shareholders' equity	1,237	131
Total liabilities and shareholders' equity	6,590	8,431
Series A Preferred Stock [Member]
Shareholders' equity:
Preferred stock
Series B, C, and D Preferred Stock [Member]
Shareholders' equity:
Preferred stock	2,911	2,911
Series E Preferred Stock [Member]
Shareholders' equity:
Preferred stock	$ 1,439	$ 702

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ / shares in Thousands, $ in Thousands	Dec. 29, 2018	Mar. 31, 2018
Trade accounts receivable, allowance	$ 8	$ 8
Preferred stock, authorized (in shares)	1,000,000	1,000,000
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	40,000,000	40,000,000
Common stock, issued (in shares)	10,996,511	10,312,653
Common stock, outstanding (in shares)	10,996,511	10,312,653
Series A Preferred Stock [Member]
Preferred stock, authorized (in shares)	250,000	250,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Preferred stock, par value (in dollars per share)	$ 0	$ 0
Series B, C, and D Preferred Stock [Member]
Preferred stock, authorized (in shares)	19,500	19,500
Preferred stock, issued (in shares)	18,533.51	18,533.51
Preferred stock, outstanding (in shares)	18,533.51	18,533.51
Preferred stock, liquidation preference	$ 3,540	$ 3,540
Series E Preferred Stock [Member]
Preferred stock, authorized (in shares)	100,000	100,000
Preferred stock, issued (in shares)	80,400	43,800
Preferred stock, outstanding (in shares)	80,400	43,800
Preferred stock, liquidation preference	$ 3,015	$ 1,643

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 29, 2018	Dec. 30, 2017	Dec. 29, 2018	Dec. 30, 2017
Revenue	$ 1,893,000	$ 3,220,000	$ 7,623,000	$ 7,453,000
Cost of sales	1,069,000	2,415,000	4,367,000	5,695,000
Gross profit	824,000	805,000	3,256,000	1,758,000
Operating expenses:
Engineering	302,000	452,000	1,020,000	1,313,000
Selling, general and administrative	853,000	891,000	2,754,000	3,158,000
Total operating expenses	1,155,000	1,343,000	3,774,000	4,471,000
Operating loss	(331,000)	(538,000)	(518,000)	(2,713,000)
Gain on sale of product line		324,000		375,000
Gain on adjustment of warrant liability to fair value		7,000		67,000
Interest expense:
Interest expense, net	(128,000)	(71,000)	(363,000)	(238,000)
Interest expense from accretion of loan discount	(58,000)	(35,000)	(163,000)	(90,000)
Total interest expense, net	(186,000)	(106,000)	(526,000)	(328,000)
Loss before income taxes	(517,000)	(313,000)	(1,044,000)	(2,650,000)
Provision for income taxes			42,000	2,000
Net loss	$ (517,000)	$ (313,000)	$ (1,086,000)	$ (2,652,000)
Loss per common share - basic (in dollars per share)	$ (0.05)	$ (0.03)	$ (0.10)	$ (0.27)
Loss per common share - diluted (in dollars per share)	$ (0.05)	$ (0.03)	$ (0.10)	$ (0.27)
Weighted average shares used in per share calculation:
Basic (in shares)	10,676	9,798	10,408	9,769
Diluted (in shares)	10,676	9,798	10,408	9,769
Product [Member]
Revenue	$ 100,000	$ 1,989,000	$ 416,000	$ 2,819,000
Service [Member]
Revenue	$ 1,793,000	$ 1,231,000	$ 7,207,000	$ 4,634,000

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Dec. 29, 2018	Dec. 30, 2017
Cash flows from operating activities:
Net loss	$ (1,086,000)	$ (2,652,000)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	206,000	1,025,000
Share based compensation	168,000	174,000
Adjustment of warrant liability to fair value		(67,000)
Accretion of discounts and issuance costs on debt	163,000	100,000
Change in fair value of equity forward		16,000
Change in other long-term liabilities		31,000
Accrued interest and fees on loan payable	84,000
Change in deferred rent	(43,000)	499,000
Gain on sale of product line		(375,000)
Changes in operating assets and liabilities
Trade accounts receivable	(330,000)	124,000
Inventories	724,000	(610,000)
Prepaid expenses and other assets	(1,188,000)	383,000
Accounts payable	(68,000)	356,000
Accrued payroll and benefits	255,000	(144,000)
Deferred revenue	(556,000)	(524,000)
Other current liabilities	(77,000)	299,000
Net cash used in operating activities	(1,748,000)	(1,365,000)
Cash flows from investing activities:
Purchases of property and equipment		(685,000)
Net cash used in investing activities		(685,000)
Cash flows from financing activities:
Proceeds from borrowings, net of issuance costs		1,456,000
Repayments of line of credit	(97,000)	(30,000)
Principal payments on capital leases	(40,000)	(37,000)
Proceeds from issuance of preferred stock, net of issuance costs	736,000
Exercise of warrants	112,000
Net cash provided by financing activities	711,000	1,389,000
(Decrease)/Increase in cash and cash-equivalents	(1,037,000)	(661,000)
Beginning cash and cash-equivalents	1,485,000	1,421,000
Ending cash and cash-equivalents	448,000	760,000
Supplementary disclosure of cash flow information:
Cash paid for income taxes	12,000	2,000
Cash paid for interest	164,000	163,000
Supplementary disclosure of noncash financing activities:
Cumulative effect of adoption of ASC 606 on inventory	(1,581,000)
Cumulative effect of adoption of ASC 606 on prepaid expenses and other current assets	189,000
Cumulative effect of adoption of ASC 606 on deferred revenue	2,567,000
Common stock issued in connection with debt issuance		172,000
Equipment disposal		$ 377,000

Note 1 - Organization and Signi

Note 1 - Organization and Significant Accounting Policies	9 Months Ended
	Dec. 29, 2018
Notes to Financial Statements
Significant Accounting Policies [Text Block]	( 1 The condensed consolidated financial statements included herein have been prepared by Giga-tronics Incorporated (the “Company”), pursuant to the rules and regulations of the Securities and Exchange Commission. The consolidated results of operations for the interim periods shown in this report are not 10 March 31, 2018. Principles of Consolidation Derivatives Revenue Recognition and Deferred Revenue April 1, 2018, 2014 09 2015 2017 606, Revenue from Contracts with Customers (“ASC 606” not In determining the appropriate amount of revenue to be recognized as it fulfills its obligations under its agreements, the Company performs the following steps: (i) identifies the promised goods or services in the contract; (ii) determines whether the promised goods or services are performance obligations including whether they are distinct in the context of the contract; (iii) measures the transaction price, including the constraint on variable consideration; (iv) allocates the transaction price to the performance obligations based on estimated selling prices; and (v) recognizes revenue when (or as) the Company satisfies each performance obligation. The Company generates revenue through the design, manufacture, and sale of products used in the defense industry to major prime defense contractors, the armed services (primarily in the U.S.) and research institutes. There is generally one not For the sale of standard or minimally customized products, the performance obligation is the series of finished products which are recognized at the points in time the units are transferred to the control of the customer, typically upon shipment. This type of revenue arrangement is typical for our commercial contracts within the Giga-tronics segment for its Advanced Signal Generation and Analysis system products used for testing RADAR and Electronic Warfare (“EW”) equipment. Performance Obligations A performance obligation is a promise in a contract to transfer a distinct good or service to the customer and is the unit of account in ASC Topic 606. ● Design and manufacturing services ● Product supply – Distinct goods or services that are substantially the same ● Engineering services The majority of the Company’s contracts have a single performance obligation as the promise to transfer the individual goods or services is not not 2019 606 no Transaction Price The Company has both fixed and variable consideration. Under the Company’s highly engineered design and manufacturing arrangements, advance payments and unit prices are considered fixed, as product is not may not Allocation of Consideration As part of the accounting for arrangements that contain multiple performance obligations, the Company must develop assumptions that require judgment to determine the stand-alone selling price of each performance obligation identified in the contract. When a contract contains more than one Timing of Recognition Significant management judgment is required to determine the level of effort required under an arrangement and the period over which the Company expects to complete its performance obligations under the arrangement. The selection of the method to measure progress towards completion requires judgment and is based on the nature of the products or services to be provided. The Company generally uses the cost-to-cost measure of progress as this measure best depicts the transfer of control to the customer which occurs as we incur costs on our contracts. Under the cost-to-cost method, the extent of progress towards completion is measured based on the ratio of costs incurred to date to the total estimated costs at completion of the performance obligation. Revenue is recognized for design and manufacturing services and for engineering services over time proportionate to the costs that the Company has incurred to perform the services using the cost-to-cost input method and for products at a point in time. Approximately 94% 6% Changes in Estimates The effect of a contract modification on the transaction price and the measure of progress for the performance obligation to which it relates, is recognized as an adjustment to revenue (either as an increase in or a reduction of revenue) on a cumulative catch-up basis. For contracts using the cost-to-cost method, management reviews the progress and execution of the performance obligations. This process requires management judgment relative to estimating contract revenue and cost and making assumptions for delivery schedule. This process requires management’s judgment to make reasonably dependable cost estimates. Since certain contracts extend over a longer period of time, the impact of revisions in cost and revenue estimates during the progress of work may 99% first three 2019. The aggregate effects of these changes on contracts in the first three 2019 Balance Sheet Presentation The timing of revenue recognition, billings and cash collections results in billed accounts receivable, unbilled receivables (contract assets), and deferred revenue (contract liabilities) on the Condensed Consolidated Balance Sheet. Under the typical payment terms of over time contracts, the customer pays either performance-based payments or progress payments. Amounts billed and due from customers are classified as receivables on the Condensed Consolidated Balance Sheet. Interim payments may may not Remaining performance obligations represent the transaction price of firm orders for which work has not Recognition Prior to April 1, 2018 Prior to April 1, 2018 April 1, 2018 not 606 Software Development Costs New Accounting Standards In February 2016, 2016 02 2016 02” 2016 02 one December 15, 2018. 2016 02 In May 2014, August 2015 March, April, May December 2016, 606, 606 606 606 may 606 December 15, 2017, first 2017. The Company adopted ASC 606 April 1, 2018 ( no 2017 2018 April 1, 2018. The most significant change relates to the timing of revenue and cost recognition on the Company’s customer contracts. Under ASC 606, April 1, 2018. Adopting ASC 606 may The cumulative effect of the changes made to the Company’s consolidated April 1, 2018 606 Balance at March 31, 2018 ASC 606 Adjustments Balance at April 1, 2018 Assets Prepaid and other current assets $ 87 $ 188 $ 275 Inventories, net 5,487 (1,581 ) 3,906 Liabilities Deferred revenue $ 3,374 $ (2,568 ) $ 806 Stockholders' Equity Accumulated deficit $ (28,682 ) $ 1,176 $ (27,506 ) In accordance with the requirements of ASC 606, nine December 29, 2018 For the nine months ended Dece mber 29 , 2018 Without ASC 606 Adoption ASC 60 6 Adjustments As Reported Assets Prepaid and other current assets $ 53 $ 1,411 $ 1,464 Inventories, net 5,273 (2,091 ) 3,182 Liabilities Deferred revenue $ 2,458 $ (2,207 ) $ 251 Stockholders' Equity Accumulated deficit $ (29,637 ) $ 1,046 $ (28,591 ) Revenue Revenue $ 6,762 $ 861 $ 7,623 Cost of s ales Cost of sales $ 2,682 $ 1,685 $ 4,367 Net loss $ (262 ) (824 ) $ (1,086 ) Net loss per share, basic and fully diluted $ (0.02 ) $ (0.07 ) $ (0.10 )

Note 2 - Going Concern and Mana

Note 2 - Going Concern and Management's Plan	9 Months Ended
	Dec. 29, 2018
Notes to Financial Statements
Substantial Doubt about Going Concern [Text Block]	( 2 The Company incurred net losses of $517,000 third $1.1 first nine 2019, $28.6 $1.2 December 29, 2018. $1.7 first nine 2019. Although EW test system products have shipped to several customers in prior fiscal years, no first nine 2019, first nine 2019. To help fund operations, the Company relies on advances under a line of credit with Bridge Bank which expires on May 6, 2019. December 29, 2018, $455,000, $411,000. In April 2017, $1.5 2018, June 2017 March 2018. March 26, 2018, $1.0 6, In December 2018, April 27, 2019 November 1, 2019, May 1, 2019 $75,000 $500,000 January 8, 2019, February 8, 2019. February 8, 2019 In order to raise additional working capital and to restructure the PFG loan, on March 26, 2018, 43,800 6.0% 15 $25.00. $1.095 $1.0 $0.25 100 13, April 1, 2018 December 29, 2018, 36,600 $915,000. To assist with the upfront purchases of inventory required for future product deliveries, the Company entered into advance payment arrangements with certain customers, whereby the customers reimburse the Company for raw material purchases prior to the shipment of the finished products. The Company will continue to seek similar terms in future agreements with these customers and other customers. Management will continue to review all aspects of its business including, but not Management will also continue to seek additional working capital and liquidity through debt (including debt refinancing), equity financing or possible product line sales or cessation of unprofitable business product lines, however there are no Our historical operating results and forecasting uncertainties indicate that substantial doubt exists related to our ability to continue as a going concern. Management believes that through the actions to date and possible future actions described above, we should have the necessary liquidity to continue operations at least twelve The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern and do not

Note 3 - Revenue Recognition

Note 3 - Revenue Recognition	9 Months Ended
	Dec. 29, 2018
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	( 3 The following table presents changes in the Company’s contract assets and liabilities for the nine December 29, 2018. Balance at Beginning of the Period Additions Deductions Balance at the end of the Period (in thousands) Contract Assets $ 189 $ 1,295 $ (73 ) $ 1,411 Contract Liabilities: Deferred Revenue $ (806 ) $ (1,293 ) $ 1,852 $ (247 ) During the nine December 29, 2018, Revenue recognized in the period from: Amounts included in contract liabilities at the beginning of the period: Performance obligations satisfied $ 816 New activities in the period: Changes in estimates 280 Performance obligations satisfied 6,111 Total services revenue $ 7,207 As of December 29, 2018, $6.0 $4.2 twelve $1.8 twelve

Note 4 - Inventories

Note 4 - Inventories	9 Months Ended
	Dec. 29, 2018
Notes to Financial Statements
Inventory Disclosure [Text Block]	( 4 Inventories consisted of the following: (In thousands) December 29 , 201 8 March 31 , 201 8 Raw materials $ 935 $ 2,290 Work-in-progress 1,569 2,100 Finished goods 255 561 Demonstration inventory 423 536 Total $ 3,182 $ 5,487

Note 5 - Accounts Receivable Li

Note 5 - Accounts Receivable Line of Credit	9 Months Ended
	Dec. 29, 2018
Notes to Financial Statements
Debt Disclosure [Text Block]	( 5 ) Accounts Receivable Line of Credit On June 1, 2015, $2.5 $2.5 $2.0 $500,000 May 23, 2017, May 7, 2017) May 6, 2019. The loan agreement is secured by all assets of the Company including intellectual property and general intangibles and provides for a borrowing capacity equal to 80% May 6, 2019 1.5% $12,500 May 2017 May 2018. 150% 90 As of December 29, 2018, December 29, 2018, $455,000.

Note 6 - Term Loans, Revolving

Note 6 - Term Loans, Revolving Line of Credit and Warrants	9 Months Ended
	Dec. 29, 2018
Notes to Financial Statements
Long-term Debt [Text Block]	( 6 ) Term Loan, Revolving Line of Credit and Warrants On April 27, 2017, $1.5 April 28, 2017 ( “2017 2017 April 27, 2019, 2017 16% 9.5% 6.5% $100,000 $76,000 April 27, 2017, $24,000 $1,000 first Additionally, the 2017 250,000 190,000 April 27, 2017) 60,000 2,500 first 2017 2017 2017 5, The requirement to issue 60,000 815 15 25. not The proceeds received upon issuing the loan were allocated to: (i) common stock, for the fair value of the 190,000 $1.6 $1.5 $76,000. $326,000, Fees paid to the lender and third parties $ 44,000 Backend fee 76,000 Estimated fair value of embedded equity forward 49,000 Fair value of 190,000 shares of common stock issued to lender 157,000 Aggregate discount amount $ 326,000 The bifurcated embedded derivative and the debt discount are presented net with the related loan balance in the consolidated balance sheets. The debt discount is being amortized to interest expense over the loan’s term using the effective interest method. During the fiscal year ended March 31, 2018, $127,000 December 29, 2018, 375,000 PFG’s ability to call the debt on default (contingent put) and its ability to assess interest rate at a default rate (contingent interest) are embedded derivatives, which the Company evaluated. The fair value of these embedded features was determined to be immaterial and was not Between June 24, 2017 March 25, 2018, not 22% On March 26, 2018, 13 $1.7 2017 $1.0 16%, 2014 260,000 $1.42 $0.25 one March 13, 2020. The amendments to the 2017 $43,700, 2017 2017 In December 2018, April 27, 2019 November 1, 2019, May 1, 2019 $75,000 $500,000 January 8, 2019, February 8, 2019. February 8, 2019 The Company anticipates it will need to achieve significant EW test system shipments and resulting cash inflows and or seek additional funds through the issuance of new debt, equity securities or product line sales in order to repay the 2017 no

Note 7 - Fair Value

Note 7 - Fair Value	9 Months Ended
	Dec. 29, 2018
Notes to Financial Statements
Fair Value Disclosures [Text Block]	( 7 ) F air Value Pursuant to the accounting guidance for fair value measurement and its subsequent updates, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (i.e., the “exit price”) in an orderly transaction between market participants at the measurement date. The accounting guidance establishes a hierarchy for inputs used in measuring fair value that minimizes the use of unobservable inputs by requiring the use of observable market data when available. Observable inputs are inputs that market participants would use in pricing the asset or liability based on active market data. Unobservable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability based on the best information available in the circumstances. The fair value hierarchy is broken down into the three • Level 1 1 • Level 2 2 • Level 3 no The carrying amounts of the Company’s cash and cash-equivalents and line of credit approximate their fair values at each balance sheet date due to the short-term maturity of these financial instruments, and generally result in inputs categorized as Level 1 2 On March 26, 2018, 150,000 0.96 85%, 2.12%, no There were no no December 29, 2018 March 31, 2018.

Note 8 - Loss Per Share

Note 8 - Loss Per Share	9 Months Ended
	Dec. 29, 2018
Notes to Financial Statements
Earnings Per Share [Text Block]	( 8 ) Loss Per Share Basic loss per share (EPS) is calculated by dividing net income or loss by the weighted average common shares outstanding during the period. Diluted EPS reflects the net incremental shares that would be issued if unvested restricted shares became vested and dilutive outstanding stock options were exercised, using the treasury stock method. In the case of a net loss, it is assumed that no Three Month Periods Ended Nine Month Periods Ended (In thousands) Decem ber 29, 2018 Decemb er 30, 2017 Dec ember 29, 2018 Dece mber 30, 2017 Common shares issuable upon exercise of stock options 2,610 772 2,610 772 Restricted stock awards 338 375 338 375 Issuable shares for interest on loan 10 40 10 40 Common shares issuable upon conversion of convertible preferred stock 9,893 1,853 9,893 1,853 Common shares issuable upon exercise of warrants 3,452 3,737 3,452 3,737 The stock options, restricted stock, convertible preferred stocks and warrants not nine December 29, 2018 December 30, 2017

Note 9 - Share Based Compensati

Note 9 - Share Based Compensation	9 Months Ended
	Dec. 29, 2018
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	( 9 ) Share Based Compensation On September 20, 2018, 2018 may 2,500,000 2018 no 2005 2005 2000 no Options granted generally vest in one four five not 10 may December 29, 2018, no December 29, 2018, 2,086,000. ten Stock Options In calculating compensation related to stock option grants, the fair value of each stock option is estimated on the date of grant using the Black-Scholes-Merton option-pricing model and the following weighted average assumptions: Three Month Periods Ended Nine Month Periods Ended December 29 , 201 8 December 30 , 201 7 December 29 , 201 8 December 30 , 201 7 Dividend yield — None — — Expected volatility 96.21 % None 95.29 % 89.82 % Risk-free interest rate 2.84 % None 2.83 % 1.77 % Expected term (years) 8.28 None 8.30 8.36 The computation of expected volatility used in the Black-Scholes-Merton option-pricing model is based on the historical volatility of the Company’s share price. The expected term is estimated based on a review of historical employee exercise behavior with respect to option grants. The risk-free interest rate is based on the U.S. Treasury rates with maturity similar to the expected term of the option on the date of grant. A summary of the changes in stock options outstanding for the nine December 29, 2018 March 31, 2018 Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Terms (Years) Aggregate Intrinsic Value (in thousands) Outstanding at March 25, 2017 1,104,500 $ 1.41 6.1 $ 3 Granted 856,000 0.34 10.0 Forfeited / Expired (481,800 ) 1.34 Outstanding at March 31, 2018 1,478,700 $ 0.56 8.0 $ — Granted 1,254,000 0.31 9.8 Forfeited / Expired (123,000 ) 0.87 Outstanding at December 29, 2018 2,609,700 $ 0.42 8.4 $ — Exercisable at December 29, 2018 502,550 $ 0.79 3.9 $ — At December 29, 2018, expected to vest in the future 1,513,418 $ 0.34 9.51 $ — As of December 29, 2018, $358,000 3.43 6,350 14,350 December 29, 2018 December 30, 2017, December 29, 2018 December 30, 2017 $5,000 $14,000 29,100 107,200 nine December 29, 2018 December 30, 2017, nine December 29, 2018 December 30, 2017 $34,000 $119,000, No three nine December 29, 2018 December 30, 2017. three December 29, 2018 December 30, 2017 $28,000 $22,000, nine December 29, 2018 December 30, 2017 $85,000 $101,000, Restricted Stock There were 160,000 three December 29, 2018. 160,000 nine December 29, 2018. No three December 30, 2017. 386,450 nine December 30, 2017. December 29, 2018, $45,000 0.34 third first nine 2019 $26,000 $83,000. third first nine 2018 $33,000 $73,000. A summary of the changes in non-vested restricted stock awards outstanding for the nine December 29, 2018 March 31, 2018 Shares Weighted Average Fair Value Non-Vested at March 25, 2017 — $ — Granted 586,950 0.66 Vested (51,000 ) (0.60 ) Forfeited or cancelled (236,000 ) (0.68 ) Non-Vested at March 31, 2018 299,950 $ 0.65 Granted 160,000 — Vested (100,000 ) (0.36 ) Forfeited or cancelled (22,000 ) — Non-Vested at December 29, 2018 337,950 $ 0.56

Note 10 - Significant Customer

Note 10 - Significant Customer and Industry Segment Information	9 Months Ended
	Dec. 29, 2018
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	( 1 0 ) Significant Customer and Industry Segment Information The Company has two ● The Giga-tronics Division produces RADAR and EW testing and simulation products. The Giga-tronics Division historically produced a broad line of test and measurement equipment used primarily for the design, production, repair and maintenance of products in aerospace, telecommunications, RADAR, and electronic warfare but has divested of these product lines. ● Microsource primarily develops and manufactures YIG RADAR filters used in fighter jet aircraft for two The tables below present information for the two Three Month Period Ended Three Month Period Ended (In thousands) Dec . 29 , 201 8 Dec . 29 , 201 8 Dec . 30 , 201 7 Dec . 30 , 201 7 Assets Net Sales Net Income (Loss) Assets Net Sales Net Income (Loss) Giga-tronics Division $ 4,020 $ 67 $ (1,254 ) $ 5,042 $ 1,922 $ (807 ) Microsource 2,570 1,826 737 3,134 1,298 494 Total $ 6,590 $ 1,893 $ (517 ) $ 8,176 $ 3,220 $ (313 ) Nine Month Period Ended Nine Month Period Ended (In thousands) Dec . 29 , 201 8 Dec . 29 , 201 8 Dec . 30 , 201 7 Dec . 30 , 201 7 Assets Net Sales Net Income (Loss) Assets Net Sales Net Income (Loss) Giga-tronics Division $ 4,020 $ 246 $ (4,150 ) $ 5,042 $ 2,661 $ (4,429 ) Microsource 2,570 7,377 3,064 3,134 4,792 1,777 Total $ 6,590 $ 7,623 $ (1,086 ) $ 8,176 $ 7,453 $ (2,652 ) During the third 2019, two 97% 68% second 29% third 2018, two 87% 55% second 32% During the first nine 2019, two 97% 64% second 33% first nine 2018, three 84% 37% second third 47%

Note 11 - Income Taxes

Note 11 - Income Taxes	9 Months Ended
	Dec. 29, 2018
Notes to Financial Statements
Income Tax Disclosure [Text Block]	( 1 1 ) Income Taxes The Company accounts for income taxes using the asset and liability method as codified in Topic 740. The Company recorded $42,000 nine December 29, 2018 $2,000 nine December 30, 2017. November 2018, $110,000. six first $10,000 December 2018. December 2018 $100,000. nine December 29, 2018 December 30, 2017 0% As of December 29, 2018, $122,000 not 12 On December 22, 2017, 35% 21% January 1, 2018, December 31, 2017. not 0%,

Note 12 - Warranty Obligations

Note 12 - Warranty Obligations	9 Months Ended
	Dec. 29, 2018
Notes to Financial Statements
Product Warranty Disclosure [Text Block]	( 1 2 ) Warranty Obligations The Company records a provision in cost of sales for estimated warranty obligations at the date products are sold. Adjustments are made as new information becomes available. The following provides a reconciliation of changes in the Company’s warranty reserve. The Company provides no Three Month Periods Ended Nine Month Periods Ended (In thousands) December 29 , 2018 December 30 , 201 7 December 29 , 201 8 December 30 , 201 7 Balance at beginning of period $ 85 $ 135 $ 164 $ 123 Provision, net (40 ) 28 (65 ) 232 Warranty costs incurred - (6 ) (54 ) (198 ) Balance at end of period $ 45 $ 157 $ 45 $ 157

Note 13 - Preferred Stock and W

Note 13 - Preferred Stock and Warrants	9 Months Ended
	Dec. 29, 2018
Notes to Financial Statements
Preferred Stock [Text Block]	( 1 3 ) Preferred Stock and Warrants Series E Senior Convertible Voting Perpetual Preferred Stock On March 26, 2018, 43,800 6.0% 15 March 28, 2018. The purchase price for each Series E Share was $25.00. $1.095 $1.0 5% $57,000 5% 223,000 $0.25 Each Series E Share is initially convertible (at the option of the holder) at a conversion price of $0.25 100 March 31, 2018, 43,800 4,380,000 31% 27% 22% 300% $75.00 Each Series E Share has a liquidation preference of 150% $37.50, Holders of Series E Shares are entitled to receive, when, as and if declared by the Company’s Board of Directors, cumulative preferential dividends, payable semiannual in cash at a rate per annum equal to 6.0% $25.00 10 Holders of Series E Shares generally vote together with the common stock on an as-converted basis on each matter submitted to the vote or approval of the holders of common stock, and vote as a separate class with respect to certain actions that adversely affect the rights of the holders of Series E Shares and on other matters as required by law. In addition, the approval of the Holders of the Series E shares is generally required prior to the Company’s issuance of any securities having rights senior to or in parity with the Series E Shares with respect to dividends or liquidation preferences. The Series E Shares’ right to approve parity securities will terminate at such time that ( 1 22,300 50% first 2 20 30 $0.75 30 100,000 144 1933, The Company and each Series E investor entered into an Investor Rights Agreement. Under this agreement, the Company agreed to, among other things, use best efforts to file certain registration statements for the resale of common stock of the Company that the investor may may two not 66.6% $1.7 6 In connection with the sale of Series E Shares, the Company agreed to reduce the exercise price of certain warrants issued in connection with the Company’s private placement in January 2016, 2,787,872 “2016 2016 0.75 $1.15 2016 2016 $1.15 $0.25 2016 $200,000 50% 2016 2016 $0.25, 2016 $200,000 50% January 2016 2016 $0.25. 1,759,268 2016 $0.25. The fair value attributable to re-pricing the 2016 2016 $203,000, $557,000, In addition, warrants to purchase 292,727 January $1.15 $0.25 $53,000 For the nine December 29, 2018, 36,600 $25.00 $915,000. The table below presents information as of December 29, 2018: Preferred Stock Shares Shares Shares Liquidation Preference Designated Issued Outstanding (in thousands) Series B 10,000.00 9,997.00 9,997.00 $ 2,309 Series C 3,500.00 3,424.65 3,424.65 500 Series D 6,000.00 5,111.86 5,111.86 731 Series E 100,000.00 80,400.00 80,400.00 3,015 Total at December 29, 2018 119,500.00 98,933.51 98,933.51 $ 6,555

Note 14 - Subsequent Events

Note 14 - Subsequent Events	9 Months Ended
	Dec. 29, 2018
Notes to Financial Statements
Subsequent Events [Text Block]	( 1 4 ) Subsequent Events Since December 29, 2018, 10,000 $25.00 $250,000.

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Dec. 29, 2018
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation
Derivatives, Policy [Policy Text Block]	Derivatives
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition and Deferred Revenue April 1, 2018, 2014 09 2015 2017 606, Revenue from Contracts with Customers (“ASC 606” not In determining the appropriate amount of revenue to be recognized as it fulfills its obligations under its agreements, the Company performs the following steps: (i) identifies the promised goods or services in the contract; (ii) determines whether the promised goods or services are performance obligations including whether they are distinct in the context of the contract; (iii) measures the transaction price, including the constraint on variable consideration; (iv) allocates the transaction price to the performance obligations based on estimated selling prices; and (v) recognizes revenue when (or as) the Company satisfies each performance obligation. The Company generates revenue through the design, manufacture, and sale of products used in the defense industry to major prime defense contractors, the armed services (primarily in the U.S.) and research institutes. There is generally one not For the sale of standard or minimally customized products, the performance obligation is the series of finished products which are recognized at the points in time the units are transferred to the control of the customer, typically upon shipment. This type of revenue arrangement is typical for our commercial contracts within the Giga-tronics segment for its Advanced Signal Generation and Analysis system products used for testing RADAR and Electronic Warfare (“EW”) equipment. Performance Obligations A performance obligation is a promise in a contract to transfer a distinct good or service to the customer and is the unit of account in ASC Topic 606. ● Design and manufacturing services ● Product supply – Distinct goods or services that are substantially the same ● Engineering services The majority of the Company’s contracts have a single performance obligation as the promise to transfer the individual goods or services is not not 2019 606 no Transaction Price The Company has both fixed and variable consideration. Under the Company’s highly engineered design and manufacturing arrangements, advance payments and unit prices are considered fixed, as product is not may not Allocation of Consideration As part of the accounting for arrangements that contain multiple performance obligations, the Company must develop assumptions that require judgment to determine the stand-alone selling price of each performance obligation identified in the contract. When a contract contains more than one Timing of Recognition Significant management judgment is required to determine the level of effort required under an arrangement and the period over which the Company expects to complete its performance obligations under the arrangement. The selection of the method to measure progress towards completion requires judgment and is based on the nature of the products or services to be provided. The Company generally uses the cost-to-cost measure of progress as this measure best depicts the transfer of control to the customer which occurs as we incur costs on our contracts. Under the cost-to-cost method, the extent of progress towards completion is measured based on the ratio of costs incurred to date to the total estimated costs at completion of the performance obligation. Revenue is recognized for design and manufacturing services and for engineering services over time proportionate to the costs that the Company has incurred to perform the services using the cost-to-cost input method and for products at a point in time. Approximately 94% 6% Changes in Estimates The effect of a contract modification on the transaction price and the measure of progress for the performance obligation to which it relates, is recognized as an adjustment to revenue (either as an increase in or a reduction of revenue) on a cumulative catch-up basis. For contracts using the cost-to-cost method, management reviews the progress and execution of the performance obligations. This process requires management judgment relative to estimating contract revenue and cost and making assumptions for delivery schedule. This process requires management’s judgment to make reasonably dependable cost estimates. Since certain contracts extend over a longer period of time, the impact of revisions in cost and revenue estimates during the progress of work may 99% first three 2019. The aggregate effects of these changes on contracts in the first three 2019 Balance Sheet Presentation The timing of revenue recognition, billings and cash collections results in billed accounts receivable, unbilled receivables (contract assets), and deferred revenue (contract liabilities) on the Condensed Consolidated Balance Sheet. Under the typical payment terms of over time contracts, the customer pays either performance-based payments or progress payments. Amounts billed and due from customers are classified as receivables on the Condensed Consolidated Balance Sheet. Interim payments may may not Remaining performance obligations represent the transaction price of firm orders for which work has not Recognition Prior to April 1, 2018 Prior to April 1, 2018 April 1, 2018 not 606
Software Development Costs, Policy [Policy Text Block]	Software Development Costs
New Accounting Pronouncements, Policy [Policy Text Block]	New Accounting Standards In February 2016, 2016 02 2016 02” 2016 02 one December 15, 2018. 2016 02 In May 2014, August 2015 March, April, May December 2016, 606, 606 606 606 may 606 December 15, 2017, first 2017. The Company adopted ASC 606 April 1, 2018 ( no 2017 2018 April 1, 2018. The most significant change relates to the timing of revenue and cost recognition on the Company’s customer contracts. Under ASC 606, April 1, 2018. Adopting ASC 606 may The cumulative effect of the changes made to the Company’s consolidated April 1, 2018 606 Balance at March 31, 2018 ASC 606 Adjustments Balance at April 1, 2018 Assets Prepaid and other current assets $ 87 $ 188 $ 275 Inventories, net 5,487 (1,581 ) 3,906 Liabilities Deferred revenue $ 3,374 $ (2,568 ) $ 806 Stockholders' Equity Accumulated deficit $ (28,682 ) $ 1,176 $ (27,506 ) In accordance with the requirements of ASC 606, nine December 29, 2018 For the nine months ended Dece mber 29 , 2018 Without ASC 606 Adoption ASC 606 Adjustments As Reported Assets Prepaid and other current assets $ 53 $ 1,411 $ 1,464 Inventories, net 5,273 (2,091 ) 3,182 Liabilities Deferred revenue $ 2,458 $ (2,207 ) $ 251 Stockholders' Equity Accumulated deficit $ (29,637 ) $ 1,046 $ (28,591 ) Revenue Revenue $ 6,762 $ 861 $ 7,623 Cost of s ales Cost of sales $ 2,682 $ 1,685 $ 4,367 Net loss $ (262 ) (824 ) $ (1,086 ) Net loss per share, basic and fully diluted $ (0.02 ) $ (0.07 ) $ (0.10 )

Note 1 - Organization and Sig_2

Note 1 - Organization and Significant Accounting Policies (Tables)	9 Months Ended
	Dec. 29, 2018
Notes Tables
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]	Balance at March 31, 2018 ASC 606 Adjustments Balance at April 1, 2018 Assets Prepaid and other current assets $ 87 $ 188 $ 275 Inventories, net 5,487 (1,581 ) 3,906 Liabilities Deferred revenue $ 3,374 $ (2,568 ) $ 806 Stockholders' Equity Accumulated deficit $ (28,682 ) $ 1,176 $ (27,506 ) For the nine months ended Dece mber 29 , 2018 Without ASC 606 Adoption ASC 60 6 Adjustments As Reported Assets Prepaid and other current assets $ 53 $ 1,411 $ 1,464 Inventories, net 5,273 (2,091 ) 3,182 Liabilities Deferred revenue $ 2,458 $ (2,207 ) $ 251 Stockholders' Equity Accumulated deficit $ (29,637 ) $ 1,046 $ (28,591 ) Revenue Revenue $ 6,762 $ 861 $ 7,623 Cost of s ales Cost of sales $ 2,682 $ 1,685 $ 4,367 Net loss $ (262 ) (824 ) $ (1,086 ) Net loss per share, basic and fully diluted $ (0.02 ) $ (0.07 ) $ (0.10 )

Note 3 - Revenue Recognition (T

Note 3 - Revenue Recognition (Tables)	9 Months Ended
	Dec. 29, 2018
Notes Tables
Contract with Customer, Asset and Liability [Table Text Block]	Balance at Beginning of the Period Additions Deductions Balance at the end of the Period (in thousands) Contract Assets $ 189 $ 1,295 $ (73 ) $ 1,411 Contract Liabilities: Deferred Revenue $ (806 ) $ (1,293 ) $ 1,852 $ (247 )
Disaggregation of Revenue [Table Text Block]	Revenue recognized in the period from: Amounts included in contract liabilities at the beginning of the period: Performance obligations satisfied $ 816 New activities in the period: Changes in estimates 280 Performance obligations satisfied 6,111 Total services revenue $ 7,207

Note 4 - Inventories (Tables)

Note 4 - Inventories (Tables)	9 Months Ended
	Dec. 29, 2018
Notes Tables
Schedule of Inventory, Current [Table Text Block]	(In thousands) December 29 , 201 8 March 31 , 201 8 Raw materials $ 935 $ 2,290 Work-in-progress 1,569 2,100 Finished goods 255 561 Demonstration inventory 423 536 Total $ 3,182 $ 5,487

Note 6 - Term Loans, Revolvin_2

Note 6 - Term Loans, Revolving Line of Credit and Warrants (Tables)	9 Months Ended
	Dec. 29, 2018
PFG Loan [Member]
Notes Tables
Schedule of Debt Discount [Table Text Block]	<table style="margin: 0pt auto 0pt 36pt; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; min-; min-width: 700px;" cellspacing="0pt" cellpadding="0pt"> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 83%;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Fees paid to the lender and third parties</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 14%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">44,000</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 83%;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Backend fee</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 14%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">76,000</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 83%;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Estimated fair value of embedded equity forward</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 14%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">49,000</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 83%;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Fair value of 190,000 shares of common stock issued to lender</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 14%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">157,000</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 83%;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt; margin-left: 18pt;">Aggregate discount amount</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 14%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">326,000</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> </table></div>" id="sjs-B5">&lt;div style="display: inline; font-family: times new roman; font-size: 10pt">&lt;table style="margin: 0pt auto 0pt 36pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-; min-width: 700px;" cellspacing="0pt" cellpadding="0pt"> &lt;tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 83%;"> &lt;div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Fees paid to the lender and third parties&lt;/div> &lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$&lt;/td> &lt;td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">44,000&lt;/div>&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap">&nbsp;&lt;/td> &lt;/tr> &lt;tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 83%;"> &lt;div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Backend fee&lt;/div> &lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">76,000&lt;/div>&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap">&nbsp;&lt;/td> &lt;/tr> &lt;tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 83%;"> &lt;div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Estimated fair value of embedded equity forward&lt;/div> &lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">49,000&lt;/div>&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap">&nbsp;&lt;/td> &lt;/tr> &lt;tr style="vertical-align: bottom; background-color: rgb(255, 255, 255); font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 83%;"> &lt;div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Fair value of 190,000 shares of common stock issued to lender&lt;/div> &lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;&lt;/td> &lt;td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">157,000&lt;/div>&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;" nowrap="nowrap">&nbsp;&lt;/td> &lt;/tr> &lt;tr style="vertical-align: bottom; background-color: rgb(204, 238, 255); font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 83%;"> &lt;div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt; margin-left: 18pt;">Aggregate discount amount&lt;/div> &lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$&lt;/td> &lt;td style="width: 14%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">326,000&lt;/div>&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap">&nbsp;&lt;/td> &lt;/tr> &lt;/table>&lt;/div>

Note 8 - Loss Per Share (Tables

Note 8 - Loss Per Share (Tables)	9 Months Ended
	Dec. 29, 2018
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Month Periods Ended Nine Month Periods Ended (In thousands) Decem ber 29, 2018 Decemb er 30, 2017 Dec ember 29, 2018 Dece mber 30, 2017 Common shares issuable upon exercise of stock options 2,610 772 2,610 772 Restricted stock awards 338 375 338 375 Issuable shares for interest on loan 10 40 10 40 Common shares issuable upon conversion of convertible preferred stock 9,893 1,853 9,893 1,853 Common shares issuable upon exercise of warrants 3,452 3,737 3,452 3,737

Note 9 - Share Based Compensa_2

Note 9 - Share Based Compensation (Tables)	9 Months Ended
	Dec. 29, 2018
Notes Tables
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Three Month Periods Ended Nine Month Periods Ended December 29 , 201 8 December 30 , 201 7 December 29 , 201 8 December 30 , 201 7 Dividend yield — None — — Expected volatility 96.21 % None 95.29 % 89.82 % Risk-free interest rate 2.84 % None 2.83 % 1.77 % Expected term (years) 8.28 None 8.30 8.36
Share-based Compensation, Stock Options, Activity [Table Text Block]	Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Terms (Years) Aggregate Intrinsic Value (in thousands) Outstanding at March 25, 2017 1,104,500 $ 1.41 6.1 $ 3 Granted 856,000 0.34 10.0 Forfeited / Expired (481,800 ) 1.34 Outstanding at March 31, 2018 1,478,700 $ 0.56 8.0 $ — Granted 1,254,000 0.31 9.8 Forfeited / Expired (123,000 ) 0.87 Outstanding at December 29, 2018 2,609,700 $ 0.42 8.4 $ — Exercisable at December 29, 2018 502,550 $ 0.79 3.9 $ — At December 29, 2018, expected to vest in the future 1,513,418 $ 0.34 9.51 $ —
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]	Shares Weighted Average Fair Value Non-Vested at March 25, 2017 — $ — Granted 586,950 0.66 Vested (51,000 ) (0.60 ) Forfeited or cancelled (236,000 ) (0.68 ) Non-Vested at March 31, 2018 299,950 $ 0.65 Granted 160,000 — Vested (100,000 ) (0.36 ) Forfeited or cancelled (22,000 ) — Non-Vested at December 29, 2018 337,950 $ 0.56

Note 10 - Significant Custome_2

Note 10 - Significant Customer and Industry Segment Information (Tables)	9 Months Ended
	Dec. 29, 2018
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three Month Period Ended Three Month Period Ended (In thousands) Dec . 29 , 201 8 Dec . 29 , 201 8 Dec . 30 , 201 7 Dec . 30 , 201 7 Assets Net Sales Net Income (Loss) Assets Net Sales Net Income (Loss) Giga-tronics Division $ 4,020 $ 67 $ (1,254 ) $ 5,042 $ 1,922 $ (807 ) Microsource 2,570 1,826 737 3,134 1,298 494 Total $ 6,590 $ 1,893 $ (517 ) $ 8,176 $ 3,220 $ (313 ) Nine Month Period Ended Nine Month Period Ended (In thousands) Dec . 29 , 201 8 Dec . 29 , 201 8 Dec . 30 , 201 7 Dec . 30 , 201 7 Assets Net Sales Net Income (Loss) Assets Net Sales Net Income (Loss) Giga-tronics Division $ 4,020 $ 246 $ (4,150 ) $ 5,042 $ 2,661 $ (4,429 ) Microsource 2,570 7,377 3,064 3,134 4,792 1,777 Total $ 6,590 $ 7,623 $ (1,086 ) $ 8,176 $ 7,453 $ (2,652 )

Note 12 - Warranty Obligations

Note 12 - Warranty Obligations (Tables)	9 Months Ended
	Dec. 29, 2018
Notes Tables
Schedule of Product Warranty Liability [Table Text Block]	Three Month Periods Ended Nine Month Periods Ended (In thousands) December 29 , 2018 December 30 , 201 7 December 29 , 201 8 December 30 , 201 7 Balance at beginning of period $ 85 $ 135 $ 164 $ 123 Provision, net (40 ) 28 (65 ) 232 Warranty costs incurred - (6 ) (54 ) (198 ) Balance at end of period $ 45 $ 157 $ 45 $ 157

Note 13 - Preferred Stock and_2

Note 13 - Preferred Stock and Warrants (Tables)	9 Months Ended
	Dec. 29, 2018
Notes Tables
Schedule of Stock by Class [Table Text Block]	Preferred Stock Shares Shares Shares Liquidation Preference Designated Issued Outstanding (in thousands) Series B 10,000.00 9,997.00 9,997.00 $ 2,309 Series C 3,500.00 3,424.65 3,424.65 500 Series D 6,000.00 5,111.86 5,111.86 731 Series E 100,000.00 80,400.00 80,400.00 3,015 Total at December 29, 2018 119,500.00 98,933.51 98,933.51 $ 6,555

Note 1 - Organization and Sig_3

Note 1 - Organization and Significant Accounting Policies (Details Textual)	9 Months Ended
	Dec. 29, 2018
Revenue, Performance Obligation, Recognized over Time	94.00%
Revenue, Performance Obligation, Recognized at Point in Time	6.00%
Revenue Recognized, Cost-to-Cost Method, Percentage	99.00%

Note 1 - Organization and Sig_4

Note 1 - Organization and Significant Accounting Policies - Adoption of Topic 606 (Details) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 29, 2018	Dec. 30, 2017	Dec. 29, 2018	Dec. 30, 2017	Apr. 01, 2018	Mar. 31, 2018
Prepaid expenses and other current assets	$ 1,464,000		$ 1,464,000		$ 275,000	$ 87,000
Inventories, net	3,182,000		3,182,000		3,906,000	5,487,000
Deferred revenue	251,000		251,000		806,000	3,374,000
Accumulated deficit	(28,591,000)		(28,591,000)		(27,506,000)	$ (28,682,000)
Revenue	1,893,000	$ 3,220,000	7,623,000	$ 7,453,000
Cost of sales	1,069,000	2,415,000	4,367,000	5,695,000
Net loss	(517,000)	$ (313,000)	$ (1,086,000)	$ (2,652,000)
Net loss per share, basic and fully diluted (in dollars per share)			$ (0.10)
Accounting Standards Update 2014-09 [Member]
Prepaid expenses and other current assets					188,000
Inventories, net					(1,581,000)
Deferred revenue					(2,568,000)
Accumulated deficit					$ 1,176,000
Calculated under Revenue Guidance in Effect before Topic 606 [Member]
Prepaid expenses and other current assets	53,000		$ 53,000
Inventories, net	5,273,000		5,273,000
Deferred revenue	2,458,000		2,458,000
Accumulated deficit	(29,637,000)		(29,637,000)
Revenue			6,762,000
Cost of sales			2,682,000
Net loss			$ (262,000)
Net loss per share, basic and fully diluted (in dollars per share)			$ (0.02)
Difference between Revenue Guidance in Effect before and after Topic 606 [Member] | Accounting Standards Update 2014-09 [Member]
Prepaid expenses and other current assets	1,411,000		$ 1,411,000
Inventories, net	(2,091,000)		(2,091,000)
Deferred revenue	(2,207,000)		(2,207,000)
Accumulated deficit	$ 1,046,000		1,046,000
Revenue			861,000
Cost of sales			1,685,000
Net loss			$ (824,000)
Net loss per share, basic and fully diluted (in dollars per share)			$ (0.07)

Note 2 - Going Concern and Ma_2

Note 2 - Going Concern and Management's Plan (Details Textual)	Mar. 26, 2018USD ($)$ / sharesshares	Apr. 27, 2017USD ($)shares	Dec. 29, 2018USD ($)$ / shares	Dec. 29, 2018USD ($)$ / shares	Dec. 30, 2017USD ($)	Dec. 29, 2018USD ($)$ / sharesshares	Dec. 30, 2017USD ($)	Apr. 01, 2018USD ($)	Mar. 31, 2018USD ($)
Net Income (Loss) Attributable to Parent, Total				$ (517,000)	$ (313,000)	$ (1,086,000)	$ (2,652,000)
Retained Earnings (Accumulated Deficit), Ending Balance			$ (28,591,000)	(28,591,000)		(28,591,000)		$ (27,506,000)	$ (28,682,000)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Ending Balance			1,237,000	1,237,000		1,237,000			$ 131,000
Net Cash Provided by (Used in) Operating Activities, Total						(1,748,000)	(1,365,000)
Long-term Line of Credit, Total			455,000	455,000		455,000
Line of Credit Facility, Remaining Borrowing Capacity			$ 411,000	$ 411,000		411,000
Proceeds from Issuance of Convertible Preferred Stock, Net of Issuance Costs						$ 736,000
Series E Preferred Stock [Member]
Stock Issued During Period, Shares, New Issues | shares	43,800					36,600
Preferred Stock, Dividend Rate, Percentage	6.00%
Issuance of Stock, Number of Investors	15
Shares Issued, Price Per Share | $ / shares	$ 25		$ 25	$ 25		$ 25
Proceeds from Issuance of Convertible Preferred Stock	$ 1,095,000					$ 915,000
Proceeds from Issuance of Convertible Preferred Stock, Net of Issuance Costs	$ 1,000,000
Convertible Preferred Stock, Conversion Price Per Share | $ / shares	$ 0.25
Convertible Preferred Stock, Shares Issued upon Conversion | shares	100
PFG Loan [Member]
Debt Instrument, Face Amount		$ 1,500,000
Debt Instrument, Modification Agreement, Conditions, Gross Proceeds from Sale of Convertible Preferred Stock	$ 1,000,000
Debt Instrument, Periodic Payment, Principal			$ 75,000
Debt Instrument, Required Additional Capital To Extend Maturity			$ 500,000
Stock Issued During Period, Shares, New Issues | shares		190,000

Note 3 - Revenue Recognition 1

Note 3 - Revenue Recognition 1 (Details Textual) $ in Millions	Dec. 29, 2018USD ($)
Revenue, Remaining Performance Obligation, Amount	$ 6

Note 3 - Revenue Recognition 2

Note 3 - Revenue Recognition 2 (Details Textual) $ in Millions	Dec. 29, 2018USD ($)
Revenue, Remaining Performance Obligation, Amount	$ 6
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-12-30
Revenue, Remaining Performance Obligation, Amount	$ 4.2
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	91 days
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-03-31
Revenue, Remaining Performance Obligation, Amount	$ 1.8
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	1 year

Note 3 - Revenue Recognition -

Note 3 - Revenue Recognition - Changes in Contract Assets and Liabilities (Details) $ in Thousands	9 Months Ended
	Dec. 29, 2018USD ($)
Contract Assets, Balance	$ 189
Contract Assets, Additions	1,295
Contract Assets, Deductions	(73)
Contract Assets, Balance	1,411
Contract Liabilities: Deferred Revenue, Balance	(806)
Contract Liabilities: Deferred Revenue, Additions	(1,293)
Contract Liabilities: Deferred Revenue, Deductions	1,852
Contract Liabilities: Deferred Revenue, Balance	$ (247)

Note 3 - Revenue Recognition _2

Note 3 - Revenue Recognition - Revenues (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 29, 2018	Dec. 30, 2017	Dec. 29, 2018	Dec. 30, 2017
Performance obligations satisfied			$ 816
Changes in estimates			280
Performance obligations satisfied			6,111
Revenue	$ 1,893	$ 3,220	7,623	$ 7,453
Service [Member]
Revenue	$ 1,793	$ 1,231	$ 7,207	$ 4,634

Note 4 - Inventories - Inventor

Note 4 - Inventories - Inventories, Net of Reserves (Details) - USD ($) $ in Thousands	Dec. 29, 2018	Apr. 01, 2018	Mar. 31, 2018
Raw materials	$ 935		$ 2,290
Work-in-progress	1,569		2,100
Finished goods	255		561
Demonstration inventory	423		536
Total	$ 3,182	$ 3,906	$ 5,487

Note 5 - Accounts Receivable _2

Note 5 - Accounts Receivable Line of Credit (Details Textual) - USD ($)	Jun. 01, 2015	May 31, 2018	May 31, 2017	Dec. 29, 2018	Mar. 31, 2018
Long-term Line of Credit, Total				$ 455,000
Line of Credit, Current				455,000	$ 552,000
New Amended Credit Facility 2 [Member]
Long-term Line of Credit, Total	$ 2,500,000
Advance Rate	80.00%
Line of Credit Facility, Commitment Fee Amount		$ 12,500	$ 12,500
Asset Coverage Ratio	150.00%
Accounts Receivable, Aging from Invoice Date	90 days
Line of Credit, Current				$ 455,000
New Amended Credit Facility 2 [Member] | Prime Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	1.50%
New Amended Credit Facility 2 [Member] | Borrowing Base for International Services Sub-Limit [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 2,500,000
New Amended Credit Facility 2 [Member] | Formula-Basis Sub-Limit [Member]
Line of Credit Facility, Maximum Borrowing Capacity	2,000,000
New Amended Credit Facility 2 [Member] | Non-Formula Basis Sub-Limit [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 500,000

Note 6 - Term Loans, Revolvin_3

Note 6 - Term Loans, Revolving Line of Credit and Warrants (Details Textual) - USD ($)	Mar. 26, 2018	Apr. 27, 2017	Dec. 29, 2018	Dec. 29, 2018	Dec. 30, 2017	Dec. 29, 2018	Mar. 25, 2018	Dec. 30, 2017	Mar. 31, 2018
Amortization of Debt Discount (Premium)				$ 58,000	$ 35,000	$ 163,000		$ 90,000
Fair Value Adjustment of Warrants					$ (7,000)			$ (67,000)
PFG Warrants [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	260,000
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 0.25						$ 1.42
Class of Warrant or Right, Extension of Exercise Period	1 year
Fair Value Adjustment of Warrants	$ 43,700
PFG Loan [Member]
Debt Instrument, Face Amount		$ 1,500,000
Debt Instrument, Interest Rate, Stated Percentage	16.00%	16.00%
Debt Instrument, Cash Interest Rate		9.50%
Debt Instrument, Deferred Interest Rate		6.50%
Debt Instrument, Maximum Fee Amount to be Paid upon Maturity		$ 100,000
Debt Instrument, Fee Amount		76,000
Debt Instrument, Remaining Fee Amount		24,000
Debt Instrument, Remaining Fee Amount, Per Month		$ 1,000
Number of New Shares to be Issued, Maximum		250,000
Stock Issued During Period, Shares, New Issues		190,000
Number of New Shares to be Issued, Remaining		60,000
Number of New Shares to be Issued, Remaining, Per Month		2,500
Long-term Debt, Total		$ 1,600,000
Debt Instrument, Unamortized Discount, Total		$ 326,000
Amortization of Debt Discount (Premium)									$ 127,000
Stock Issued During Period, Shares, Loan Agreement						375,000
Debt Instrument, Interest Rate During Period							22.00%
Debt Instrument, Amount of Indebtedness Restructured	$ 1,700,000
Debt Instrument, Modification Agreement, Conditions, Gross Proceeds from Sale of Convertible Preferred Stock	$ 1,000,000
Debt Instrument, Periodic Payment, Principal			$ 75,000
Debt Instrument, Required Additional Capital To Extend Maturity			$ 500,000

Note 6 - Term Loans, Revolvin_4

Note 6 - Term Loans, Revolving Line of Credit and Warrants - Debt Discount (Details) - PFG Loan [Member]	Apr. 27, 2017USD ($)
Aggregate discount amount	$ 326,000
Fees Paid to Lenders and Third Parties [Member]
Aggregate discount amount	44,000
Backend Fees [Member]
Aggregate discount amount	76,000
Estimated Fair Value of Derivatives [Member]
Aggregate discount amount	49,000
Equity Issued to Lenders [Member]
Aggregate discount amount	$ 157,000

Note 6 - Term Loans, Revolvin_5

Note 6 - Term Loans, Revolving Line of Credit and Warrants - Debt Discount (Details) (Parentheticals)	Apr. 27, 2017shares
PFG Loan [Member]
Common stock issued to lender (in shares)	190,000

Note 7 - Fair Value (Details Te

Note 7 - Fair Value (Details Textual) $ in Thousands	Mar. 26, 2018yrshares	Dec. 29, 2018USD ($)	Mar. 31, 2018USD ($)
Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure		$ 0	$ 0
Fair Value, Measurements, Nonrecurring [Member]
Assets, Fair Value Disclosure		0	0
Financial and Nonfinancial Liabilities, Fair Value Disclosure		$ 0	$ 0
PFG Warrants [Member]
Stock Issued During Period, Shares, Revaluation of Warrants | shares	150,000
PFG Warrants [Member] | Fair Value, Measurements, Recurring [Member] | Measurement Input, Expected Term [Member]
Derivative Liability, Measurement Input | yr	0.96
PFG Warrants [Member] | Fair Value, Measurements, Recurring [Member] | Measurement Input, Price Volatility [Member]
Derivative Liability, Measurement Input	0.85
PFG Warrants [Member] | Fair Value, Measurements, Recurring [Member] | Measurement Input, Risk Free Interest Rate [Member]
Derivative Liability, Measurement Input	0.0212
PFG Warrants [Member] | Fair Value, Measurements, Recurring [Member] | Measurement Input, Expected Dividend Rate [Member]
Derivative Liability, Measurement Input	0

Note 8 - Loss Per Share - Net L

Note 8 - Loss Per Share - Net Loss and Common Shares Used in Per Share Computations (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Dec. 29, 2018	Dec. 30, 2017	Dec. 29, 2018	Dec. 30, 2017
Equity Option [Member]
Anti-dilutive securities excluded from computation of earning per share (in shares)	2,610	772	2,610	772
Restricted Stock [Member]
Anti-dilutive securities excluded from computation of earning per share (in shares)	338	375	338	375
Common Shares Issuable for Debt Interest [Member]
Anti-dilutive securities excluded from computation of earning per share (in shares)	10	40	10	40
Convertible Debt Securities [Member]
Anti-dilutive securities excluded from computation of earning per share (in shares)	9,893	1,853	9,893	1,853
Warrant [Member]
Anti-dilutive securities excluded from computation of earning per share (in shares)	3,452	3,737	3,452	3,737

Note 9 - Share Based Compensa_3

Note 9 - Share Based Compensation (Details Textual) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Dec. 29, 2018	Dec. 30, 2017	Dec. 29, 2018	Dec. 30, 2017	Mar. 31, 2018	Sep. 20, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	2,086,000		2,086,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total	$ 358,000		$ 358,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			3 years 156 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares	6,350	14,350	29,100	107,200
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value	$ 5,000	$ 14,000	$ 34,000	$ 119,000
Proceeds from Stock Options Exercised	0	0	0	0
Employee Stock Option [Member]
Allocated Share-based Compensation Expense, Total	$ 28,000	$ 22,000	$ 85,000	$ 101,000
Employee Stock Option [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			4 years
Employee Stock Option [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			5 years
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period			10 years
Stock Appreciation Rights (SARs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period			0
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	160,000	0	160,000	386,450	586,950
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total	$ 45,000		$ 45,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			124 days
Allocated Share-based Compensation Expense, Total	$ 26,000	$ 33,000	$ 83,000	$ 73,000
The 2018 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized						2,500,000
Equity Incentive Plan 2005 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	0		0
Stock Option Plan 2000 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	0		0

Note 9 - Share Based Compensa_4

Note 9 - Share Based Compensation - Weighted Average Assumptions (Details)	3 Months Ended		9 Months Ended
	Dec. 29, 2018	Dec. 30, 2017	Dec. 29, 2018	Dec. 30, 2017
Dividend yield		0.00%
Expected volatility	96.21%	0.00%	95.29%	89.82%
Risk-free interest rate	2.84%	0.00%	2.83%	1.77%
Expected term (Year)	8 years 102 days		8 years 109 days	8 years 131 days

Note 9 - Share Based Compensa_5

Note 9 - Share Based Compensation - Changes in Stock Options Outstanding (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended	12 Months Ended
	Dec. 29, 2018	Mar. 31, 2018	Mar. 25, 2017
Outstanding, Shares (in shares)	1,478,700	1,104,500
Outstanding, weighted average exercise price (in dollars per share)	$ 0.56	$ 1.41
Outstanding, Weighted average remaining contractual terms (Year)	8 years 146 days	8 years	6 years 36 days
Outstanding			$ 3
Granted, Shares (in shares)	1,254,000	856,000
Granted, weighted average exercise price (in dollars per share)	$ 0.31	$ 0.34
Granted, Weighted average remaining contractual terms (Year)	9 years 292 days	10 years
Forfeited / Expired, Shares (in shares)	(123,000)	(481,800)
Forfeited / Expired, weighted average exercise price (in dollars per share)	$ 0.87	$ 1.34
Outstanding, Shares (in shares)	2,609,700	1,478,700	1,104,500
Outstanding, weighted average exercise price (in dollars per share)	$ 0.42	$ 0.56	$ 1.41
Exercisable, shares (in shares)	502,550
Exercisable, weighted average exercise price (in dollars per share)	$ 0.79
Exercisable, Weighted average remaining contractual terms (Year)	3 years 328 days
Exercisable
Expected to vest in the future, shares (in shares)	1,513,418
Expected to vest in the future, weighted average exercise price (in dollars per share)	$ 0.34
Expected to vest in the future, Weighted average remaining contractual terms (Year)	9 years 186 days
Expected to vest in the future

Note 9 - Share Based Compensa_6

Note 9 - Share Based Compensation - Changes in Nonvested Restricted Stock Awards Outstanding (Details) - Restricted Stock [Member] - $ / shares	3 Months Ended		9 Months Ended		12 Months Ended
	Dec. 29, 2018	Dec. 30, 2017	Dec. 29, 2018	Dec. 30, 2017	Mar. 31, 2018
Non-Vested, Shares (in shares)			299,950	0	0
Non-vested, Weighted average fair value (in dollars per share)			$ 0.65	$ 0	$ 0
Granted, Shares (in shares)	160,000	0	160,000	386,450	586,950
Granted, Weighted average fair value (in dollars per share)					$ 0.66
Vested, Shares (in shares)			(100,000)		(51,000)
Vested, Weighted average fair value (in dollars per share)			$ (0.36)		$ (0.60)
Forfeited or cancelled, shares (in shares)			(22,000)		(236,000)
Forfeited or cancelled, Weighted average fair value (in dollars per share)					$ (0.68)
Non-Vested, Shares (in shares)	337,950		337,950		299,950
Non-vested, Weighted average fair value (in dollars per share)	$ 0.56		$ 0.56		$ 0.65

Note 10 - Significant Custome_3

Note 10 - Significant Customer and Industry Segment Information (Details Textual)	3 Months Ended		9 Months Ended
	Dec. 29, 2018	Dec. 30, 2017	Dec. 29, 2018	Dec. 30, 2017
Number of Reportable Segments			2
Sales Revenue, Net [Member] | Customer Concentration Risk [Member]
Number of Major Customers				3
Concentration Risk, Percentage				84.00%
Sales Revenue, Net [Member] | Customer Concentration Risk [Member] | Second and Third Customer [Member]
Concentration Risk, Percentage				47.00%
Sales Revenue, Net [Member] | Customer Concentration Risk [Member] | Microsource [Member]
Number of Major Customers	2		2
Concentration Risk, Percentage	97.00%		97.00%
Sales Revenue, Net [Member] | Customer Concentration Risk [Member] | Microsource [Member] | First Customer [Member]
Concentration Risk, Percentage	68.00%		64.00%	37.00%
Sales Revenue, Net [Member] | Customer Concentration Risk [Member] | Microsource [Member] | Second Customer [Member]
Concentration Risk, Percentage	29.00%		33.00%
Sales Revenue, Net [Member] | Customer Concentration Risk [Member] | Gigatronics Division [Member]
Number of Major Customers		2
Concentration Risk, Percentage		87.00%
Sales Revenue, Net [Member] | Customer Concentration Risk [Member] | Gigatronics Division [Member] | First Customer [Member]
Concentration Risk, Percentage		55.00%
Sales Revenue, Net [Member] | Customer Concentration Risk [Member] | Gigatronics Division [Member] | Second Customer [Member]
Concentration Risk, Percentage		32.00%

Note 10 - Significant Custome_4

Note 10 - Significant Customer and Industry Segment Information - Breakdown of Customer and Segment Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 29, 2018	Dec. 30, 2017	Dec. 29, 2018	Dec. 30, 2017	Mar. 31, 2018
Assets	$ 6,590,000	$ 8,176,000	$ 6,590,000	$ 8,176,000	$ 8,431,000
Sales Revenue	1,893,000	3,220,000	7,623,000	7,453,000
Net Income (Loss) Attributable to Parent, Total	(517,000)	(313,000)	(1,086,000)	(2,652,000)
Gigatronics Division [Member]
Assets	4,020,000	5,042,000	4,020,000	5,042,000
Sales Revenue	67,000	1,922,000	246,000	2,661,000
Net Income (Loss) Attributable to Parent, Total	(1,254,000)	(807,000)	(4,150,000)	(4,429,000)
Microsource [Member]
Assets	2,570,000	3,134,000	2,570,000	3,134,000
Sales Revenue	1,826,000	1,298,000	7,377,000	4,792,000
Net Income (Loss) Attributable to Parent, Total	$ 737,000	$ 494,000	$ 3,064,000	$ 1,777,000

Note 11 - Income Taxes (Details

Note 11 - Income Taxes (Details Textual) - USD ($)	1 Months Ended	3 Months Ended		9 Months Ended		12 Months Ended
	Dec. 29, 2018	Dec. 29, 2018	Dec. 30, 2017	Dec. 29, 2018	Dec. 30, 2017	Dec. 31, 2018	Nov. 30, 2018	Mar. 31, 2018
Income Tax Expense (Benefit), Total				$ 42,000	$ 2,000
Income Taxes Paid				$ 12,000	$ 2,000
Effective Income Tax Rate Reconciliation, Percent, Total				0.00%	0.00%
Unrecognized Tax Benefits, Ending Balance	$ 122,000	122,000		$ 122,000
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total								$ 0
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent						21.00%
State and Local Jurisdiction [Member] | California Franchise Tax Board [Member]
Accrued Income Taxes, Total	100,000	$ 100,000		$ 100,000			$ 110,000
Income Taxes Paid	$ 10,000

Note 12 - Warranty Obligation_2

Note 12 - Warranty Obligations - Reconciliation of Company's Estimated Warranty Obligations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 29, 2018	Dec. 30, 2017	Dec. 29, 2018	Dec. 30, 2017
Balance at beginning of period	$ 85	$ 135	$ 164	$ 123
Provision, net	(40)	28	(65)	232
Warranty costs incurred		(6)	(54)	(198)
Balance at end of period	$ 45	$ 157	$ 45	$ 157

Note 13 - Preferred Stock and_3

Note 13 - Preferred Stock and Warrants (Details Textual)	Mar. 26, 2018USD ($)$ / sharesshares	Apr. 27, 2017shares	Jan. 19, 2016USD ($)$ / sharesshares	Dec. 29, 2018USD ($)$ / sharesshares	Mar. 31, 2018$ / sharesshares	Mar. 25, 2018$ / shares
PFG Loan [Member]
Stock Issued During Period, Shares, New Issues		190,000
Debt Instrument, Amount of Indebtedness Restructured | $	$ 1,700,000
Series E Preferred Stock Warrants [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights, Percentage of Common Shares Into Which the Preferred Shares Can Be Converted	5.00%
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	223,000
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares	$ 0.25
The 2016 Warrants [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights			2,787,872
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares	$ 0.25		$ 1.15
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right			0.75
Class of Warrant or Right, Exercise Price of Warrants or Rights, Alternative Price for Certain Investors | $ / shares			$ 0.25
Class of Warrant or Right, Exercise Price Reduction, Number	1,759,268
Placement Agent Warrants [Member]
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares	$ 0.25					$ 1.15
Class of Warrant or Right, Exercise Price Reduction, Number	292,727
Series E Preferred Stock [Member]
Stock Issued During Period, Shares, New Issues	43,800			36,600
Preferred Stock, Dividend Rate, Percentage	6.00%
Issuance of Stock, Number of Investors	15
Shares Issued, Price Per Share | $ / shares	$ 25			$ 25
Proceeds from Issuance of Preferred Stock and Preference Stock | $	$ 1,095,000
Proceeds from Issuance of Preferred Stock and Preference Stock, Net of Issuance Costs | $	$ 1,000,000
Stock Issued During Period, Placement Agent Fees, Percentage of Gross Proceeds	5.00%
Payments of Stock Issuance Costs | $	$ 57,000
Convertible Preferred Stock, Conversion Price Per Share | $ / shares	$ 0.25
Convertible Preferred Stock, Shares Issued upon Conversion	100
Convertible Preferred Stock, Common Shares That Would Be Issued If All Preferred Shares Were Converted					4,380,000
Convertible Preferred Stock, Common Shares That Would Be Issued If All Preferred Shares Were Converted, Percentage of Pro Forma Common Stock					31.00%
Convertible Preferred Stock, Common Shares That Would Be Issued If All Preferred Shares Were Converted, Percentage of Pro Forma Common Stock If All Classes of Convertible Preferred Stock Were Converted					27.00%
Convertible Preferred Stock, Common Shares That Would Be Issued If All Preferred Shares Were Converted, Percentage of Pro Forma Common Stock If All Convertible Preferred Stock Were Converted and All Warrants Exercised					22.00%
Preferred Stock, Redemption Price Percentage					300.00%
Preferred Stock, Redemption Price Per Share | $ / shares					$ 75
Preferred Stock, Liquidation Preference, Percentage	150.00%
Preferred Stock, Liquidation Preference Per Share | $ / shares	$ 37.50
Convertible Preferred Stock, Termination of Right to Approve Parity Securities, Threshold Shares	22,300
Convertible Preferred Stock, Termination of Right to Approve Parity Securities, Threshold Percentage	50.00%
Convertible Preferred Stock, Termination of Right to Approve Parity Securities, Threshold Closing Price | $ / shares	$ 0.75
Convertible Preferred Stock, Termination of Right to Approve Parity Securities, Threshold Trading Volume	100,000
Preferred Stock, Investor Rights Agreement, Period During Which Payment-in-kind Dividends May Potentially Be Received	2 years
Preferred Stock, Investor Rights Agreement, Ability to Issue Additional Debt Other Than Trade Debt and Commercial Bank Working Capital Debt, Required Percentage of Approval By Holders	66.60%
Issuance of Preferred Stock, Amount Deducted from Gross Proceeds Attributable to the Re-pricing of Warrants | $	$ 203,000
Beneficial Conversion Feature Upon Issuance of Preferred Shares | $	557,000
Fair Value of Warrants Issued as Issuance Costs for Preferred Stock | $	53,000
Proceeds from Issuance of Convertible Preferred Stock | $	$ 1,095,000			$ 915,000
Series E Preferred Stock [Member] | The 2016 Warrants [Member]
Class of Warrant or Right, Alternative Exercise Price, Criteria, Amount of Preferred Stock Purchased | $			$ 200,000
Class of Warrant or Right, Alternative Exercise Price, Criteria, Percentage of Preferred Stock Purchased			50.00%

Note 13 - Preferred Stock and_4

Note 13 - Preferred Stock and Warrants - Preferred Stock Information (Details) - USD ($) $ in Thousands	Dec. 29, 2018	Mar. 31, 2018
Designated shares (in shares)	1,000,000	1,000,000
Series B Preferred Stock [Member]
Designated shares (in shares)	10,000
Shares issued (in shares)	9,997
Shares outstanding (in shares)	9,997
Liquidation preference	$ 2,309
Series C Preferred Stock [Member]
Designated shares (in shares)	3,500
Shares issued (in shares)	3,424.65
Shares outstanding (in shares)	3,424.65
Liquidation preference	$ 500
Series D Preferred Stock [Member]
Designated shares (in shares)	6,000
Shares issued (in shares)	5,111.86
Shares outstanding (in shares)	5,111.86
Liquidation preference	$ 731
Series E Preferred Stock [Member]
Designated shares (in shares)	100,000	100,000
Shares issued (in shares)	80,400	43,800
Shares outstanding (in shares)	80,400	43,800
Liquidation preference	$ 3,015	$ 1,643
Series B, C, D, and E Preferred Stock [Member]
Designated shares (in shares)	119,500
Shares issued (in shares)	98,933.51
Shares outstanding (in shares)	98,933.51
Liquidation preference	$ 6,555

Note 14 - Subsequent Events (De

Note 14 - Subsequent Events (Details Textual) - Series E Preferred Stock [Member] - USD ($)	Mar. 26, 2018	Feb. 11, 2019	Dec. 29, 2018
Stock Issued During Period, Shares, New Issues	43,800		36,600
Shares Issued, Price Per Share	$ 25		$ 25
Proceeds from Issuance of Convertible Preferred Stock	$ 1,095,000		$ 915,000
Subsequent Event [Member]
Stock Issued During Period, Shares, New Issues		10,000
Shares Issued, Price Per Share		$ 25
Proceeds from Issuance of Convertible Preferred Stock		$ 250,000