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STOCKHOLDERS’ EQUITY AND STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 28, 2020

Share-based Payment Arrangement [Abstract]

SCHEDULE OF NON-VESTED RESTRICTED STOCK ACTIVITY

Restricted stock activity was as follows:

SCHEDULE OF NON-VESTED RESTRICTED STOCK ACTIVITY

		Shares				Weighted Average Grant Fair Value
Balance, December 28, 2019			1,863,124			$	1.60
Granted			533,000				0.41
Forfeited			(18,500)				1.94
Vested			—				—
Balance, March 28, 2020			2,377,624			$	1.33

SCHEDULE OF SHARE-BASED PAYMENT AWARD, EMPLOYEE STOCK PURCHASE PLAN, VALUATION ASSUMPTIONS

SCHEDULE OF SHARE-BASED PAYMENT AWARD, EMPLOYEE STOCK PURCHASE PLAN, VALUATION ASSUMPTIONS 

		For the three months ended March 28, 2020
Performance price target		$	5.25			$	6.00			$	7.00
Expected volatility			48.3	%			48.3	%			48.3	%
Interest rate			1.97	%			1.97	%			1.97	%
Expected life (years)			3				3				3
Dividend yield			—	%			—	%			—	%

SCHEDULE OF STOCK-BASED COMPENSATION EXPENSE

The following table summarizes stock-based compensation expense within each of the categories below as it relates to non-vested restricted common stock awards for the three months ended March 28, 2020 and March 30, 2019 (no tax benefits were recognized):

SCHEDULE OF STOCK-BASED COMPENSATION EXPENSE

		Three Months Ended				Three Months Ended
		March 28, 2020				March 30, 2019
Cost of product revenues		$	13,977			$	32,108
Research and development			55,132				104,730
Selling, general and administrative			89,356				679,004
Total		$	158,465			$	815,842

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Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

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Tabular disclosure of the changes in outstanding nonvested restricted stock units.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of employee stock purchase plans, including, but not limited to: (a) expected term, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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