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Financial Instruments (Tables)

12 Months Ended

Dec. 26, 2020

Investments, All Other Investments [Abstract]

Schedule of Fair Value Measurements of Financial Assets

The following table details the fair value measurements of the Company’s financial assets:

Schedule of Fair Value Measurements of Financial Assets

						Fair Value Measurement at December 26, 2020 Using:
		Total				Level 1				Level 2				Level 3
Cash and cash equivalents		$	17,112,869			$	17,112,869			$	—			$	—
U.S. government and agency backed securities			1,023,120				—				1,023,120				—
Corporate debt			2,612,561				—				2,612,561				—
Equity Investments			4,523,525				293,891				—				4,229,634
		$	25,272,075			$	17,406,760			$	3,635,681			$	4,229,634

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

						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 and agency backed 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, Liabilities Measured On Recurring Basis

Changes in Level 3 investments are as follows:

Schedule of Fair Value, Liabilities Measured On Recurring Basis

		December 28, 2019				Net unrealized gains				Impairment Charge				Transfers in and or out of Level 3				December 26, 2020
Equity Investments		$	4,150,448			$	259,186			$	(180,000	)		$	—			$	4,229,634

Schedule of Available-for-sale Marketable Debt Securities

Schedule of Available-for-sale Marketable Debt Securities

		Amortized Cost								Unrealized Gains/(Losses)								Fair Value
		2020				2019				2020				2019				2020				2019
U.S. government and agency backed securities		$	1,003,941			$	8,304,229			$	19,179			$	(7,359	)		$	1,023,120			$	8,296,870
Corporate debt			2,603,704				7,459,298				8,857				(3,171	)			2,612,561				7,456,127
Total		$	3,607,645			$	15,763,527			$	28,036			$	(10,530	)		$	3,635,681			$	15,752,997

Schedule of Contractual Maturity

The contractual maturity of the Company’s marketable debt securities is as follows at December 26, 2020:

Schedule of Contractual Maturity

		Less than One year				One to Five years				Total
U.S. government and agency backed securities		$	—			$	1,023,120			$	1,023,120
Corporate debt			1,102,171				1,510,390				2,612,561
Total		$	1,102,171			$	2,533,510			$	3,635,681

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Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

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