Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2022

Discontinued Operations

Schedule income from discontinued operations

	Year Ended
	December 31, 2022			January 1, 2022
Net sales	$	7,574,181		$	44,289,411
Cost of products sold		(5,137,380	)		(24,873,717	)
Gross margin		2,436,801			19,415,694
Selling and administrative expenses		(891,519	)		(15,962,532	)
Restructuring benefit (costs)		305,539			(11,807,512	)
Operating income (loss)		1,850,821			(8,354,350	)
Interest expense		(184,509	)		(582,574	)
Income (loss) from discontinued operations before income taxes		1,666,312			(8,936,924	)
Income tax (expense) benefit		(414,855	)		2,103,752
Gain (loss) from discontinued operations, net of tax	$	1,251,457		$	(6,833,172	)

Schedule of assets and liabilities from discontinued operations

	December 31, 2022		January 1, 2022
Cash	$	-	$	434,126
Accounts receivable		-		1,153,274
Inventory		-		1,258,032
Prepaid expenses		-		59,850
Property, plant and equipment, net		-		591,920
Right of use assets		-		24,697
Total assets of discontinued operations	$	-	$	3,521,899
Current assets of discontinued operations	$	-	$	3,521,899
Non-current assets of discontinued operations		-		-
Total assets of discontinued operations	$	-	$	3,521,899
Accounts payable	$	-	$	167,794
Accrued compensation and other accrued expenses		-		388,499
Current portion of lease liability		-		24,697
Total liabilities of discontinued operations	$	-	$	580,990
Current liabilities of discontinued operations	$	-	$	580,990
Non-current liabilities of discontinued operations		-		-
Total liabilities of discontinued operations	$	-	$	580,990