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RELATED PARTY TRANSACTIONS | 9 Months Ended
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Sep. 30, 2023
Related Party Transactions [Abstract] |
RELATED PARTY TRANSACTIONS | 15. 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 30, 2023 and September 24, 2022, the Company had the following transactions with related parties: SCHEDULE OF TRANSACTIONS WITH RELATED PARTIES
|  | Three Months Ended |
|  | September 30, 2023 |  |  | September 24, 2022 |
|  | Sales |  |  | Purchases |  |  | Sales |  |  | Purchases |
RealWear, Inc. |  | $ | 135,918 |  |  | $ | — |  |  | $ | 108,725 |  |  | $ | — |
HMDmd, Inc. |  |  | 349,420 |  |  |  | — |  |  |  | 329,100 |  |  |  | — |
Lightning Silicon Technology, Inc. |  |  | — |  |  |  | 208,933 |  |  |  | — |  |  |  | — |
|  | $ | 485,338 |  |  | $ | 208,933 |  |  | $ | 437,825 |  |  | $ | — |
|  | Nine Months Ended |
|  | September 30, 2023 |  |  | September 24, 2022 |
|  | Sales |  |  | Purchases |  |  | Sales |  |  | Purchases |
RealWear, Inc. |  | $ | 905,564 |  |  | $ | — |  |  | $ | 827,746 |  |  | $ | — |
HMDmd, Inc. |  |  | 852,175 |  |  |  | — |  |  |  | 392,025 |  |  |  | — |
Lightning Silicon Technology, Inc. |  |  | — |  |  |  | 416,988 |  |  |  | — |  |  |  | — |
|  | $ | 1,757,739 |  |  | $ | 416,988 |  |  | $ | 1,219,771 |  |  | $ | — |
At September 30, 2023 and December 31, 2022, the Company had the following receivables from and payables to related parties:
|  | September 30, 2023 |  |  | December 31, 2022 |
|  | Receivables |  |  | Payables |  |  | Receivables |  |  | Payables |
RealWear, Inc. |  | $ | 135,918 |  |  | $ | — |  |  | $ | 171,518 |  |  | $ | — |
HMDmd, Inc. |  |  | 92,752 |  |  |  | — |  |  |  | 151,340 |  |  |  | — |
Solos Technology |  |  | — |  |  |  | — |  |  |  | 2,248 |  |  |  | — |
Lightning Silicon Technology, Inc. |  |  | 12,962 |  |  |  | 154,933 |  |  |  | — |  |  |  | — |
|  | $ | 241,632 |  |  | $ | 154,933 |  |  | $ | 325,106 |  |  | $ | — |

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480990/946-20-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480990/946-20-50-5 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480990/946-20-50-6 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 235 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481062/946-235-50-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 235 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481062/946-235-50-2 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 850 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483326/850-10-50-1 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(2)(g)(3)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(2)(c)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(2)(e)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 850 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//850/tableOfContent Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 850 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483326/850-10-50-6 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 850 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483326/850-10-50-1 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 850 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483326/850-10-50-1 + Details
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