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Share-Based Compensation (Tables)
12 Months Ended
Dec. 30, 2017
Employee Share-based Compensation Tables  
Weighted average assumptions of stock options granted
Year Ended December   2017     2016     2015  
Expected term    6 years      6 years      6 years  
Volatility     72 %     73 %     76 %
Dividend Yield     0 %     0 %     0 %
Risk-free rate     2 %     1 %     2 %
Service Period Based Stock Options
          Weighted Average        
                Remaining           Aggregate  
    Number of     Exercise     Contractual     Fair     Intrinsic  
    Shares     Price     Term     Value     Value  
Outstanding at January 3, 2015     4,241,386     $ 3.39       7.00              
                                     
Options Granted     730,562       3.66       10.00     $ 2.28        

Options Classification from Employee

    to Non-Employee

    (514,024 )     2.79       7.78                
Options Exercised     (40,236 )     2.37                     $ 58,000  
Options Forfeited     (103,425 )     3.93                          
Outstanding at January 2, 2016     4,314,263     $ 3.50       6.44                  
                                         
Options Granted     742,485       3.91       10.00     $ 2.49          
Options Exercised     (238,423 )     2.67                     $ 502,000  
Options Expired     (183,334 )     4.50                          
Options Forfeited     (353,840 )     4.15                          
Outstanding at December 31, 2016     4,281,151     $ 3.52       6.36             $ 1,352,000  
                                         
Options Granted     1,110,404       3.25       10.00     $ 2.07          
Options Exercised     (863,712 )     2.42                     $ 2,455,000  
Options Expired     (3,334 )     4.50                          
Options Forfeited     (73,483 )     3.88                          
Outstanding at December 30, 2017     4,451,026     $ 4.45       5.76             $ 10,740,000 *
                                         
Exercisable at December 30, 2017     2,937,613     $ 3.54       5.18             $ 7,230,000 *

 

*The aggregate intrinsic values in the table above are based on the Company’s closing stock price of $5.88 on the last day of business for the year ended December 30, 2017.

Performance Based Stock Options
          Weighted Average        
                Remaining           Aggregate  
    Number of     Exercise     Contractual     Fair     Intrinsic  
    Shares     Price     Term     Value     Value  
Outstanding at January 3, 2015     66,668     $ 1.89       8.08                
Options Granted     -       -                        
Options Exercised     -       -                        
Options Forfeited     -       -                        
Outstanding at January 2, 2016     66,668     $ 1.89       7.08                
Options Granted     -       -                        
Options Exercised     -       -                        
Options Forfeited     -       -                        
Outstanding at December 31, 2016     66,668     $ 1.89       6.08                
Options Granted     -       -                        
Options Exercised     -       -                        
Options Forfeited     -       -                        
Outstanding at December 30, 2017     66,668     $ 1.89       5.08             $ 266,000  
                                         
Exercisable at December 30, 2017     66,668     $ 1.89       5.08             $ 266,000  
Market Based Stock Options
          Weighted Average        
                Remaining           Aggregate  
    Number of     Exercise     Contractual     Fair     Intrinsic  
    Shares     Price     Term     Value     Value  
Outstanding at December 31, 2016     -     $ -       -              
Options Granted     1,000,000       4.24       10.00     $ 3.04        
Options Exercised     -       -                        
Options Forfeited     -       -                        
Outstanding at December 30, 2017     1,000,000     $ 4.24       9.24             $ 1,640,000  
                                         
Exercisable at December 30, 2017     55,556     $ 4.24       9.24             $ 91,000  
                                         
Market Based Stock Options assumptions
   Volatility:  67%  
   Contractual Term:    10 years  
   Risk Free Rate:  2.4%  
   Cost of Equity:    15.7%  
Restricted stock awards granted to employees
          Weighted Average  
          Award-Date  
    Shares     Fair Value  
Unvested shares at January 3, 2015     530,007     $ 3.54  
Granted     -       -  
Vested     (173,336 )     4.23  
Forfeited     -       -  
Unvested shares at January 2, 2016     356,671     $ 3.21  
Granted     -       -  
Vested     (6,668 )     4.23  
Forfeited     -       -  
Unvested shares at December 31, 2016     350,003     $ 3.20  
Granted     500,000       5.08  
Vested     (666,668 )     4.60  
Forfeited     -       -  
Unvested shares at December 30, 2017     183,335     $ 3.25  
                 
Expected to Vest as of December 30, 2017     183,335     $ 3.25  
Non-Employee stock options
          Weighted Average        
                Remaining     Aggregate  
    Number of     Exercise     Contractual     Intrinsic  
    Shares     Price     Term     Value  
Outstanding at January 3, 2015     350,158     $ 4.05       5.46        
Options Granted     -       -                

Options Classification from Employee

        to Non-Employee

    514,024       2.79       7.78        
Options Exercised     -       -                
Options Forfeited     -       -                
Outstanding at January 2, 2016     864,182     $ 3.31       6.04        
Options Granted     40,000       2.85       10.00        
Options Exercised     (41,667 )     1.92             $ 98,000  
Options Forfeited     -       -                  
Outstanding at December 31, 2016     862,515     $ 3.35       5.23          
Options Granted     175,000       4.89       10.00          
Options Exercised     (21,042 )     3.88             $ 24,000  
Options Forfeited     -       -                  
Outstanding at December 30, 2017     1,016,473     $ 3.61       5.16     $ 2,361,000 *
                                 
Exercisable at December 30, 2017     824,806     $ 3.35       4.15     $ 2,088,000 *
Non-Employee stock options assumptions
Year Ended December   2017     2016     2015  
Contractual term     6 years       5 years       N/A  
Volatility     69 %     73 %     N/A  
Dividend yield     0 %     0 %     N/A  
Risk-free rate     2 %     2 %     N/A  
Restricted stock award activity
          Weighted Average  
    Shares     Fair Value  
Unvested shares at January 3, 2015     25,333     $ 2.70  
    Granted     46,668       2.58  
    Vested     (54,668 )     3.63  
    Forfeited     -       -  
Unvested shares at January 2, 2016     17,333     $ 3.66  
    Granted     -       -  
    Vested     (7,333 )     3.79  
    Forfeited     -       -  
Unvested shares at December 31, 2016     10,000     $ 3.31  
    Granted     -       -  
    Vested     (8,000 )     3.63  
    Forfeited     -       -  
Unvested shares expected to vest at December 30, 2017     2,000     $ 5.88