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RELATED PARTY TRANSACTIONS
 6 Months Ended
Jun. 25, 2022
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

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 25, 2022 and June 26, 2021, the Company had the following transactions with related parties:

 

           
   Three Months Ended 
   June 25, 2022   June 26, 2021 
   Sales   Sales 
HMDmd, Inc.   62,925    244,890 
RealWear, Inc.   94,805    1,238,072 
Sales  $157,730   $1,482,962 

 

           
   Six Months Ended 
   June 25, 2022   June 26, 2021 
   Sales   Sales 
HMDmd, Inc.   62,925    244,890 
RealWear, Inc.   719,022    2,560,957 
Sales  $781,947   $2,805,847 

 

At June 25, 2022 and December 25, 2021, the Company had the following receivables with related parties:

 

   June 25, 2022  December 25, 2021
   Receivables    Receivables 
RealWear, Inc.  $94,805    $306,307