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Discontinued Operations (Tables)
6 Months Ended
Jun. 28, 2025
Discontinued Operations  
Schedule of income from discontinued operations

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 28, 2025

 

 

June 29, 2024

 

 

June 28, 2025

 

 

June 29, 2024

 

 

 

(unaudited)

 

 

(unaudited)

 

 

(unaudited)

 

 

(unaudited)

 

Net sales

 

$359,046

 

 

$587,658

 

 

$1,670,208

 

 

$1,282,156

 

Cost of products sold

 

 

(421,730)

 

 

(833,300)

 

 

(1,653,484)

 

 

(1,570,456)

Gross margin

 

 

(62,684)

 

 

(245,642)

 

 

16,724

 

 

 

(288,300)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Selling and administrative expenses

 

 

(100,854)

 

 

(396,267)

 

 

(388,847)

 

 

(774,859)

Income from disposal of discontinued Unit

 

 

2,016,696

 

 

 

-

 

 

 

2,016,696

 

 

 

-

 

Operating Income (Loss)

 

 

1,853,158

 

 

 

(641,909)

 

 

1,644,573

 

 

 

(1,063,159)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

 

(70,699)

 

 

(82,994)

 

 

(147,882)

 

 

(167,497)

Income (Loss) from discontinued operations before income taxes

 

 

1,782,459

 

 

 

(724,903)

 

 

1,496,691

 

 

 

(1,230,656)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income tax (expense) benefit

 

 

(377,282)

 

 

162,585

 

 

 

(315,952)

 

 

274,929

 

Income (Loss) from discontinued operations, net of tax

 

$1,405,177

 

 

$(562,318)

 

$1,180,739

 

 

$(955,727)