Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.1.9
Consolidated Balance Sheets (USD $)
Mar. 28, 2015
Mar. 29, 2014
Assets    
Cash and cash-equivalents $ 1,170,000us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,059,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Trade accounts receivable, net of allowance of $45 and $44, respectively 2,354,000us-gaap_AccountsReceivableNetCurrent 1,846,000us-gaap_AccountsReceivableNetCurrent
Inventories, net 3,365,000us-gaap_InventoryNet 3,321,000us-gaap_InventoryNet
Prepaid expenses and other current assets 373,000us-gaap_PrepaidExpenseAndOtherAssetsCurrent 349,000us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 7,262,000us-gaap_AssetsCurrent 6,575,000us-gaap_AssetsCurrent
Property and equipment, net 718,000us-gaap_PropertyPlantAndEquipmentNet 949,000us-gaap_PropertyPlantAndEquipmentNet
Other long term assets 74,000us-gaap_OtherAssetsNoncurrent 69,000us-gaap_OtherAssetsNoncurrent
Total assets 8,054,000us-gaap_Assets 7,593,000us-gaap_Assets
Liabilities and shareholders' equity    
Line of credit   1,165,000us-gaap_LinesOfCreditCurrent
Current portion of long term debt 811,000us-gaap_LongTermDebtCurrent 200,000us-gaap_LongTermDebtCurrent
Accounts payable 973,000us-gaap_AccountsPayableCurrent 1,430,000us-gaap_AccountsPayableCurrent
Accrued payroll and benefits 678,000us-gaap_EmployeeRelatedLiabilitiesCurrent 755,000us-gaap_EmployeeRelatedLiabilitiesCurrent
Deferred revenue 1,127,000us-gaap_DeferredRevenueCurrent 1,329,000us-gaap_DeferredRevenueCurrent
Deferred rent 127,000us-gaap_DeferredRentCreditCurrent 104,000us-gaap_DeferredRentCreditCurrent
Capital lease obligations 69,000us-gaap_CapitalLeaseObligationsCurrent 147,000us-gaap_CapitalLeaseObligationsCurrent
Other current liabilities 501,000us-gaap_OtherLiabilitiesCurrent 472,000us-gaap_OtherLiabilitiesCurrent
Total current liabilities 4,286,000us-gaap_LiabilitiesCurrent 5,602,000us-gaap_LiabilitiesCurrent
Long term loan and warrant debt, net of discounts 392,000us-gaap_OtherLongTermDebtNoncurrent 672,000us-gaap_OtherLongTermDebtNoncurrent
Derivative liability, at estimated fair value 252,000us-gaap_DerivativeLiabilitiesNoncurrent 128,000us-gaap_DerivativeLiabilitiesNoncurrent
Long term obligations - deferred rent 111,000us-gaap_DeferredRentCreditNoncurrent 237,000us-gaap_DeferredRentCreditNoncurrent
Long term obligations - capital lease 58,000us-gaap_CapitalLeaseObligationsNoncurrent 77,000us-gaap_CapitalLeaseObligationsNoncurrent
Total liabilities 5,099,000us-gaap_Liabilities 6,716,000us-gaap_Liabilities
Commitments and contingencies      
Convertible preferred stock of no par value; Authorized - 1,000,000 shares    
Common stock of no par value; Authorized - 40,000,000 shares; 6,706,065 shares at March 28, 2015 and 5,181,247 at March 29, 2014 issued and outstanding 19,975,000us-gaap_CommonStockValue 16,224,000us-gaap_CommonStockValue
Accumulated deficit (19,931,000)us-gaap_RetainedEarningsAccumulatedDeficit (18,258,000)us-gaap_RetainedEarningsAccumulatedDeficit
Total shareholders' equity 2,955,000us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 877,000us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and shareholders' equity 8,054,000us-gaap_LiabilitiesAndStockholdersEquity 7,593,000us-gaap_LiabilitiesAndStockholdersEquity
Series B, C, and D Preferred Stock [Member]    
Convertible preferred stock of no par value; Authorized - 1,000,000 shares    
Preferred Stock, Value Issued $ 2,911,000us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= giga_SeriesBCandDPreferredStockMember 		$ 2,911,000us-gaap_PreferredStockValue
/ us-gaap_StatementClassOfStockAxis
= giga_SeriesBCandDPreferredStockMember