GOODWILL (Tables)

12 Months Ended

Jan. 01, 2022

GOODWILL

Schedule of Roll-forward of Goodwill

	2021
Beginning Balance	$	72,219,404
Foreign Exchange		(7,531	)
Ending Balance	$	72,211,873
	2020
Beginning Balance	$	70,839,853
Investment in Hallink		2,302,000
Impairment Charge		(972,824	)
Foreign Exchange		50,375
Ending Balance	$	72,219,404

			Weighted-Average
			Amortization
	2021		Period (Years)
Gross Amount
Patents and developed
technology	$	6,749,169		6.5
Customer relationships		26,040,691		5.9
Non-compete agreements		1,111,756		3.3
Total Gross Intangibles	$	33,901,616		5.9
Accumulated Amortization
Patents and developed
technology	$	2,959,782
Customer relationships		7,759,667
Non-compete agreements		318,670
Accumulated Amortization	$	11,038,119
Net 2021 per Balance Sheet	$	22,863,497
	2020
Gross Amount
Patents and developed
technology	$	7,063,510		9.3
Customer relationships		26,030,122		8.6
Non-compete agreements		1,107,243		4.3
Total Gross Intangibles	$	34,200,875		8.6
Accumulated Amortization
Patents and developed
technology	$	2,262,507
Customer relationships		4,742,839
Non-compete agreements		106,458
Accumulated Amortization	$	7,111,804
Net 2020 per Balance Sheet	$	27,089,071