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STOCKHOLDERS’ EQUITY AND STOCK-BASED COMPENSATION (Tables) | 3 Months Ended
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Mar. 29, 2025
Equity [Abstract] |
SCHEDULE OF NON-VESTED RESTRICTED STOCK ACTIVITY | Restricted stock activity for the three month period ended March 29, 2025 was as follows: SCHEDULE OF NON-VESTED RESTRICTED STOCK ACTIVITY
|  | Shares |  |  | Weighted Average Grant Fair Value |  |  | Fair Value |  |  | Intrinsic Value |
Non-vested at December 28, 2024 |  |  | 4,833,611 |  |  | $ | 1.19 |  |  | $ | 5,757,391 |  |  | $ | 6,718,720 |
Granted |  |  | 1,634,864 |  |  |  | 1.32 |  |  | $ | 2,158,020 |  |  |  | - |
Forfeited |  |  | (150,805 | ) |  |  | 1.26 |  |  | $ | (190,014 | ) |  |  | - |
Non-vested at March 29, 2025 |  |  | 6,317,670 |  |  | $ | 1.22 |  |  | $ | 7,725,397 |  |  | $ | 6,002,418 |
Expected to vest |  |  | 6,317,670 |  |  |  |  |  |  |  |  |  |  |  |  |
SCHEDULE OF STOCK-BASED COMPENSATION EXPENSE | The following table summarizes stock-based compensation expense within each of the categories below as it relates to non-vested restricted common stock and stock options awards for the three months ended March 29, 2025 and March 30, 2024 (no tax benefits were recognized): SCHEDULE OF STOCK-BASED COMPENSATION EXPENSE
|  | Three Months Ended |  |  | Three Months Ended |
|  | March 29, 2025 |  |  | March 30, 2024 |
Cost of product revenues |  | $ | 139,437 |  |  | $ | 220,605 |
Research and development |  |  | 117,720 |  |  |  | 143,823 |
Selling, general and administrative |  |  | 517,235 |  |  |  | 370,500 |
Total |  | $ | 774,392 |  |  | $ | 734,928 |
SCHEDULE OF STOCK OPTIONS VALUATION ASSUMPTIONS | SCHEDULE OF STOCK OPTIONS VALUATION ASSUMPTIONS
|  | Three Months Ended |
|  | March 29, 2025 |
Average risk-free interest rate |  |  | 4.54 | %
Expected dividend yield |  |  | None |
Expected life (average, in years) |  |  | 8.00 |
Expected volatility |  |  | 85.00 | %
Weighted average exercise price |  | $ | 1.76 |
Weighted average fair value |  | $ | 1.16 |
SCHEDULE OF STOCK OPTION ACTIVITY | A summary of stock option activity for the period ended March 29, 2025 is as follows: SCHEDULE OF STOCK OPTION ACTIVITY
|  | Number of Options |  |  | Weighted Average Exercise Price |  |  | Intrinsic Value |
Outstanding as of December 28, 2024 |  |  | — |  |  | $ | — |  |  | $ | — |
Granted |  |  | 591,366 |  |  | $ | 1.76 |  |  |  |  |
Outstanding as of March 29, 2025 |  |  | 591,366 |  |  | $ | 1.76 |  |  | $ | — |
Options exercisable as of December 28, 2024 |  |  | — |  |  | $ | — |  |  | $ | — |
Options exercisable as of March 29, 2025 |  |  | 591,366 |  |  | $ | 1.76 |  |  | $ | — |

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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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