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LEASES (Tables)
9 Months Ended
Sep. 28, 2024
Leases  
SCHEDULE OF LEASE EXPENSE

The components of lease expense were as follows:

 

   Three months
Ended
   Three months
Ended
   Nine months
Ended
   Nine months
Ended
 
   September 28, 2024   September 30, 2023   September 28, 2024   September 30, 2023 
Operating lease cost  $218,348   $216,119   $651,718   $648,545 
SCHEDULE OF FUTURE LEASE PAYMENT UNDER NON-CANCELLABLE LEASE

At September 28, 2024, the Company’s future lease payments under non-cancellable leases were as follows:

 

     
2024 (excluding the nine months ended September 28, 2024)  $212,013 
2025   766,014 
2026   732,610 
2027   669,255 
2028   201,333 
Total future lease payments   2,581,225 
Less imputed interest   (293,289)
Total  $2,287,936 
SCHEDULE OF OPERATING LEASE PAYMENTS RECOGNIZED IN CONSOLIDATED BALANCE SHEETS

The Company’s lease liabilities recognized in the Company’s condensed consolidated balance sheet at September 28, 2024 were as follows:

 

   September 28, 2024 
Operating lease liabilities–current  $653,546 
Operating lease liabilities–noncurrent   1,634,390 
Total lease liabilities  $2,287,936 
SCHEDULE OF SUPPLEMENTAL INFORMATION RELATED TO LEASES

Supplemental cash flow information related to leases was as follows:

 

         
   Nine months ended 
   September 28, 2024   September 30, 2023 
Cash paid for amounts included in the measurement of operating lease liabilities  $649,276   $741,757 

 

Other information related to leases was as follows:

 

   September 28, 2024   September 30, 2023 
Weighted Average Discount Rate–Operating Leases   6.80%   6.06%
Weighted Average Remaining Lease Term–Operating Leases (in years)   3.38    4.11