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Other Assets and Amounts Due to / Due From Affiliates | 12 Months Ended
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Dec. 27, 2014
Other Assets and Related Party Transactions Disclosure [Abstract] |
Other Assets and Amounts Due To / Due From Affiliates | Other Assets and Note Receivable Other assets consist of the following as of December 27, 2014 and December 28, 2013:
| 2014 |  | 2013
Marketable Equity Securities |  |  |
Vuzix Corporation | $ | 1,500,777 |  |  | $ | 1,433,102 |
GCS Holdings | 180,347 |  |  | — |
Non-Marketable Securities—Equity Method Investments |  |  |
KoBrite | — |  |  | 1,421,592 |
Other | 219,704 |  |  | 169,764 |
Total Other Assets | $ | 1,900,828 |  |  | $ | 3,024,458 |
Marketable Equity Securities As of December 27, 2014, the Company had an investment in Vuzix Corporation and GCS Holdings which had a fair market values of $1.5 million and $0.2 million, respectively and adjusted cost basis of $0.0 million and $0.0 million, respectively. Non-Marketable Securities—Equity Method Investments Equity losses in unconsolidated affiliates recorded in the consolidated statement of operations are as follows:
| 2014 |  | 2013 |  | 2012
KoBrite | $ | (102,305 | ) |  | $ | (406,811 | ) |  | $ | (573,265 | )
Intoware | — |  |  | — |  |  | (106,322 | )
Ask Ziggy | $ | (284,137 | ) |  | $ | (218,287 | ) |  | $ | — |
Total | $ | (386,442 | ) |  | $ | (625,098 | ) |  | $ | (679,587 | )
In the second quarter of 2014 the Company wrote-off its $1.3 million investment in KoBrite. Prior to the write-off, the Company accounted for its 12% ownership interest in Kobrite using the equity method. One of the Company’s directors is a member of the Board of Directors of Bright LED, principal investor of KoBrite. During the three months ended March 31, 2012, the Company acquired a 25% interest in Intoware Limited, a private company, for $0.7 million. On July 10, 2012, the Company invested an additional $2.5 million in Intoware and in 2013 Intoware repurchased stock from an employee. These transactions increased the Company’s interest in Intoware to 58%. For the six month period ended June 30, 2012, the Company recorded the results of operations of Intoware on the equity method of accounting and commencing in the third quarter of 2012 the Company consolidated Intoware. The Company invested $1.0 million and $1.6 million in 2012 and 2013, respectively, in a private company Ask Ziggy (AZ). At December 28, 2013, the Company determined that the AZ investment was impaired and wrote the investment down to $0. The Company continued to fund AZ during the year ended December 27, 2014. Summarized financial information for 2012 includes Kobrite for the period ended September 30, 2012 (Kobrite's results are recorded one quarter in arrears) and Intoware's operating results for the six month period January 1, 2012 through June 30, 2012. Summarized financial information for 2013 includes Kobrite for the year ended September 30, 2013 and AZ for the five month period August 1, 2013 through December 28, 2013. As of December 27, 2014, the Company no longer has any equity-method investments with value in the financial statements.
| 2013 |  | 2012
Current assets | $ | 7,769,000 |  |  | $ | 9,581,000 |
Noncurrent assets | 10,663,000 |  |  | 12,701,000 |
Current liabilities | 1,207,000 |  |  | 1,215,000 |
Revenues | 5,085,000 |  |  | 6,010,000 |
Margin loss | (2,501,000 | ) |  | (2,732,000 | )
Loss from operations | (6,114,000 | ) |  | (4,938,000 | )
Net loss | (5,526,000 | ) |  | (5,308,000 | )
The Company has a loan to a non-officer employee for approximately $140,000 at December 27, 2014, which is currently due. During the first quarter of 2013, the Company acquired four patents for $1.8 million and hired the patents' inventor. Upon commencement of employment the Company issued to the employee 400,000 shares of the Company's common stock, of which 100,000 shares were immediately vested and 300,000 shares were to vest upon the achievement of certain milestones. During the twelve months ended December 28, 2013, the Company recorded impairment charges of $2.5 million related to the write-off of a cost based investment. The Company has a $15.0 million note receivable as a result of the sale of its III-V product line and investment in KTC which is due January 16, 2016. The note receivable is carried on the Company’s financial statements at a discount amount of $14.9 million on December 27, 2014. The note receivable is collateralized by certain assets of the buyer of III-V product line. The buyer has outstanding debt and the repayment of the note receivable is subject to the buyer remaining within its debt compliance obligations at the time of repayment.

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39622-107864 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph b -Article 3A Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(k)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph k -Article 4 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39678-107864 + Details
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