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Financial Instruments (Tables)

12 Months Ended

Dec. 25, 2021

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 25, 2021 Using:
		Total				Level 1				Level 2				Level 3
Cash and cash equivalents		$	26,787,931			$	26,787,931			$	—			$	—
U.S. government and agency backed securities			1,000,650				—				1,000,650				—
Corporate debt			1,506,885				—				1,506,885				—
Equity Investments			4,912,022				296,173				—				4,615,849
		$	34,207,488			$	27,084,104			$	2,507,535			$	4,615,849

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

						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

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 26, 2020				Net unrealized gains				Impairment Charge				Transfers in and or out of Level 3				December 25, 2021
Equity Investments		$	4,229,634			$	386,215			$	—			$	—			$	4,615,849

Schedule of Available-for-sale Marketable Debt Securities

Schedule of Available-for-sale Marketable Debt Securities

		Amortized Cost								Unrealized Gains/(Losses)								Fair Value
		2021				2020				2021				2020				2021				2020
U.S. government and agency backed securities		$	1,000,128			$	1,003,941			$	522			$	19,179			$	1,000,650			$	1,023,120
Corporate debt			1,500,000				2,603,704				6,885				8,857				1,506,885				2,612,561
Total		$	2,500,128			$	3,607,645			$	7,407			$	28,036			$	2,507,535			$	3,635,681

Schedule of Contractual Maturity

The contractual maturity of the Company’s marketable debt securities is as follows at December 25, 2021:

Schedule of Contractual Maturity

		Less than One year				One to Five years				Total
U.S. government and agency backed securities		$	1,000,650			$	—			$	1,000,650
Corporate debt			—				1,506,885				1,506,885
Total		$	1,000,650			$	1,506,885			$	2,507,535

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