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Significant Accounting Policies (Tables)
12 Months Ended
Jan. 03, 2015
Accounting Policies [Abstract]  
Historical volatility and the average daily trading volume of the Company’s common stock

 

Period   Volatility    

Average Daily

Trading Volume

 
6/20/2008 ~ 4/19/2010     402 %     11,455  
4/20/2010 ~ 1/2/2015     77 %     155,111  

 

 

Pro-forma disclosure of our historical calculation of estimated volatility
Fiscal Year 2013     Fiscal Year 2013  
Name   Use     Volatility     Name   Use     Volatility  
Covance, Inc.     50 %     35 %   ChromaDex Corp.     20 %     243 %
Sigma-Aldrich Corp.     50 %     30 %   Covance Inc.     40 %     35 %
                    Sigma-Aldrich Corp.     40 %     30 %
Weighted Average             33 %   Weighted Average             75 %

 

Inventories
    2014     2013  
Reference standards   $ 1,760,305     $ 1,769,160  
Bulk ingredients     2,298,036       694,965  
      4,058,341       2,464,125  
Less valuation allowance     324,000       260,000  
    $ 3,734,341     $ 2,204,125  
Leasehold improvements and equipment
  Useful Life
Leasehold improvements Until the end of the lease term
Computer equipment 3 to 5 years
Furniture and fixtures 7 years
Laboratory equipment 10 years