CONTRACT ASSETS AND CONTRACT LIABILITIES (Notes)

3 Months Ended

Mar. 31, 2018

Contract Assets and Contract Liabilities [Abstract]

Contract Assets (Liabilities), Net [Text Block]

12. CONTRACT ASSETS AND LIABILITIES

Net contract assets (liabilities) consisted of the following:



	March 31, 2018			December 30, 2017			$ Change		% Change
Contract assets—current	$	2,479,062		$	704,863		$	1,774,199	252	%
Contract assets—noncurrent	400,000			—			400,000		—	%
Contract liabilities—current	(384,073		)	(896,479		)	512,406		(57	)%
Contract liabilities—noncurrent	(262,207		)	(374,171		)	111,964		(30	)%
Net contract assets (liabilities)	$	2,232,782		$	(565,787	)	$	2,798,569	(495	)%

The $2.8 million increase in the Company's net contract assets (liabilities) from December 30, 2017 to March 31, 2018 was primarily due to the adoption of Topic 606. The Company did not recognize impairment losses on our contract assets in the first quarters of 2018 and 2017.