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RELATED PARTY TRANSACTIONS
 9 Months Ended
Sep. 24, 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 nine months ended September 24, 2022 and September 25, 2021, the Company had the following transactions with related parties:

  

   Sales   Sales 
   Three Months Ended 
   September 24, 2022   September 25, 2021 
   Sales   Sales 
HMDmd, Inc.  $329,100   $262,096 
RealWear, Inc.   108,725    539,250 
Sales  $437,825   $801,346 

 

   Sales   Sales 
   Nine Months Ended 
   September 24, 2022   September 25, 2021 
   Sales   Sales 
HMDmd, Inc.  $392,025   $506,986 
RealWear, Inc.   827,746    3,100,207 
Sales  $1,219,771   $3,607,193 

 

At September 24, 2022 and December 25, 2021, the Company had the following receivables with related parties:

 

   September 24, 2022   December 25, 2021 
   Receivables   Receivables 
HMDmd, Inc.  $358,500   $- 
RealWear, Inc.   160,806    306,307 
   $519,306   $306,307