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RELATED PARTY TRANSACTIONS
 6 Months Ended
Jun. 27, 2020
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]

14. RELATED PARTY TRANSACTIONS

 

The Company may from time to time enter into agreements with stockholders, affiliates and other companies engaged in certain aspects of the display, electronics, optical and software industries as part of our business strategy. In addition, the wearable computing product market is relatively new and there may be other technologies the Company needs to purchase from affiliates to enhance its product offering.

 

During the three and six months ended June 27, 2020 and June 29, 2019, the Company had the following transactions with related parties:

 

   Three Months Ended 
   June 27, 2020   June 29, 2019 
   Sales   Purchases   Sales   Purchases 
Solos Technology  $106,390   $—   $—   $— 
RealWear, Inc.   371,902   —    4,667,258    — 
   $478,292   $—   $4,667,258   $— 

 

   Six Months Ended 
   June 27, 2020   June 29, 2019 
   Sales   Purchases   Sales   Purchases 
Goertek  $—   $—   $—   $1,246,077 
Solos Technology   246,458    —    —    — 
RealWear, Inc.   371,902    —    5,192,644    — 
   $618,360   $—   $5,192,644   $1,246,077 

 

At June 27, 2020 and December 28, 2019, the Company had the following receivables, contract liabilities and payables with related parties:

 

   June 27, 2020   December 28, 2019 
   Receivables   Contract Liabilities   Payables   Receivables   Contract Assets   Payables 
Solos Technology  $79,146   $—   $15,015  $283,203    —    — 
RealWear, Inc.   363,607    395,386    —    646,848    —    — 
   $442,753   $395,386   $15,015  $930,051   $—   $—