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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 30, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 16,583,525 $ 14,326,347
Marketable debt securities, at fair value 20,288,917 22,918,016
Accounts receivable, net of allowance of $551,000 in 2019 and $304,000 in 2018 3,800,689 3,088,360
Contract assets and unbilled receivables 2,141,677 3,089,663
Inventory 4,174,350 4,797,238
Prepaid taxes 172,061 399,611
Prepaid expenses and other current assets 855,780 784,790
Total current assets 48,016,999 49,404,025
Plant and equipment, net 2,234,285 2,598,842
Operating lease right-of-use assets 3,496,947 0
Goodwill 331,344 331,344
Other assets 1,697,599 1,649,401
Equity investments 5,650,099 5,565,499
Total assets 61,427,273 59,549,111
Current liabilities:    
Accounts payable 4,492,572 3,921,880
Accrued payroll and expenses 2,117,370 3,038,005
Accrued warranty 584,000 571,000
Contract liabilities and billings in excess of revenue earned 1,189,772 388,933
Other accrued liabilities 3,006,409 1,901,547
Deferred tax liabilities 535,000 546,000
Total current liabilities 12,927,432 10,367,365
Asset retirement obligations 260,846 254,098
Operating lease liabilities, net of current portion 2,585,906 0
Other long-term obligations 1,044,147 1,214,827
Stockholders’ equity:    
Preferred stock, par value $.01 per share: authorized, 3,000 shares; none issued 0 0
Common stock, par value $.01 per share: authorized, 120,000,000 shares; issued 87,951,373 shares in 2019 and 80,735,320 shares in 2018; outstanding 81,287,243 shares in 2019 and 74,008,815 shares in 2018 858,004 785,220
Additional paid-in capital 343,738,809 335,692,879
Treasury stock (4,513,256 shares in 2019 and 2018, at cost) (17,238,669) (17,238,669)
Accumulated other comprehensive income 1,651,904 1,554,587
Accumulated deficit (284,263,070) (272,932,143)
Total Kopin Corporation stockholders’ equity 44,746,978 47,861,874
Noncontrolling interest (138,036) (149,053)
Total stockholders’ equity 44,608,942 47,712,821
Total liabilities and stockholders’ equity 61,427,273 59,549,111
Operating lease liabilities—current $ 1,002,309 $ 0