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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 28, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 8,757,699 $ 14,326,347
Marketable debt securities, at fair value 17,258,504 22,918,016
Accounts receivable, net of allowance of $360,000 in 2019 and $304,000 in 2018 4,910,375 3,088,360
Contract assets and unbilled receivables 1,045,939 3,089,663
Inventory 3,442,490 4,797,238
Prepaid taxes 601,608 399,611
Prepaid expenses and other current assets 766,688 784,790
Total current assets 36,783,303 49,404,025
Plant and equipment, net 1,621,927 2,598,842
Operating lease right-of-use assets 3,073,651 0
Goodwill 0 331,344
Other assets 844,049 1,361,375
Equity investments 9,029,417 5,853,525
Total assets 51,352,347 59,549,111
Current liabilities:    
Accounts payable 3,018,906 3,921,880
Accrued payroll and expenses 2,536,640 3,038,005
Accrued warranty 645,000 571,000
Contract liabilities and billings in excess of revenue earned 1,430,828 388,933
Other accrued liabilities 2,961,609 1,901,547
Deferred tax liabilities 507,000 546,000
Total current liabilities 12,181,235 10,367,365
Asset retirement obligations 245,916 254,098
Operating lease liabilities, net of current portion 2,077,245 0
Other long-term obligations 1,031,523 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 88,614,327 shares in 2019 and 80,735,320 shares in 2018; outstanding 82,053,697 shares in 2019 and 74,008,815 shares in 2018 865,669 785,220
Additional paid-in capital 344,248,350 334,491,397
Treasury stock (4,513,256 shares in 2019 and 2018, at cost) (17,238,669) (17,238,669)
Accumulated other comprehensive income 1,883,090 1,554,587
Accumulated deficit (293,947,437) (271,730,661)
Total Kopin Corporation stockholders’ equity 35,811,003 47,861,874
Noncontrolling interest 5,425 (149,053)
Total stockholders’ equity 35,816,428 47,712,821
Total liabilities and stockholders’ equity 51,352,347 59,549,111
Operating lease liabilities—current $ 1,081,252 $ 0