XML 25 R24.htm IDEA: XBRL DOCUMENT
v3.20.1

FAIR VALUE MEASUREMENTS (Tables) | 3 Months Ended
--- | ---
Mar. 28, 2020
Fair Value Disclosures [Abstract] |
SCHEDULE OF FAIR VALUE MEASUREMENT OF FINAL INSTRUMENTS | The following table details the fair value measurements of the Company’s financial assets: SCHEDULE OF FAIR VALUE MEASUREMENT OF FINAL INSTRUMENTS
|  |  |  |  | Fair Value Measurement March 28, 2020 Using: |
|  | Total |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Cash and Cash Equivalents |  | $ | 8,333,603 |  |  | $ | 8,333,603 |  |  | $ | - |  |  | $ | - |
U.S. Government Securities |  |  | 3,038,100 |  |  |  | - |  |  |  | 3,038,100 |  |  |  | - |
Corporate Debt |  |  | 6,269,859 |  |  |  | - |  |  |  | 6,269,859 |  |  |  | - |
Equity Investments |  |  | 4,346,642 |  |  |  | 244,194 |  |  |  | - |  |  |  | 4,102,448 |
|  | $ | 21,988,204 |  |  | $ | 8,577,797 |  |  | $ | 9,307,959 |  |  | $ | 4,102,448 |
|  |  |  |  | Fair Value Measurement at December 28, 2019 Using: |
|  | Total |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Cash and Cash Equivalents |  | $ | 6,029,247 |  |  | $ | 6,029,247 |  |  | $ | - |  |  | $ | - |
U.S. Government Securities |  |  | 8,296,870 |  |  |  | - |  |  |  | 8,296,870 |  |  |  | - |
Corporate Debt |  |  | 7,456,127 |  |  |  | - |  |  |  | 7,456,127 |  |  |  | - |
Equity Investments |  |  | 4,537,159 |  |  |  | 386,711 |  |  |  | - |  |  |  | 4,150,448 |
|  | $ | 26,319,403 |  |  | $ | 6,415,958 |  |  | $ | 15,752,997 |  |  | $ | 4,150,448 |
SCHEDULE OF FAIR VALUE, ASSETS MEASURED ON RECURRING BASIS, UNOBSERVABLE INPUT RECONCILIATION | Transfers between levels of the fair value hierarchy are reported at the beginning of the reporting period in which they occur. Changes in Level 3 investments were as follows: SCHEDULE OF FAIR VALUE, ASSETS MEASURED ON RECURRING BASIS, UNOBSERVABLE INPUT RECONCILIATION
|  | December 28, 2019 |  |  | Net unrealized losses |  |  | Purchases, issuances and settlements |  |  | Transfers in and or out of Level 3 |  |  | March 28, 2020 |
Equity Investments |  | $ | 4,537,159 |  |  | $ | (190,517) |  |  | $ | - |  |  | $ | - |  |  | $ | 4,346,642 |

X
- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=118260190&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration