Business Combinations (Tables)

12 Months Ended

Dec. 30, 2017

Business Acquisition, Pro Forma Information

The following unaudited supplemental pro forma disclosures are provided for the fiscal year ended December 30, 2017 and December 31, 2016, assuming the acquisition of the company had occurred as of December 26, 2015. All intercompany transactions have been eliminated.



Fiscal year ended	2017			2016
Revenues	$	28,477,870		$	25,029,681
Net loss	(26,302,840		)	(23,736,518		)
Basic and diluted earnings per share	$	(0.38	)	$	(0.37	)

Schedule of Business Acquisitions, by Acquisition

The allocation of the purchase price as of the acquisition date is as follows:



Cash and marketable securities	$	2,600
Accounts receivable	490,700
Inventory	768,400
Other identifiable assets	46,800
Order backlog	840,000
Customer relationships	1,000,000
Developed technology	460,000
Trademark portfolio	160,000
Current liabilities	(480,500		)
Net deferred tax liabilities	(1,084,000		)
Goodwill	1,489,000
Total	$	3,693,000

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination

The identified intangible assets are being amortized on a straight-line basis over the following lives, in years:



Order backlog	1
Customer relationships	2
Developed technology	2
Trademark portfolio	2