FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jul. 01, 2017

Fair Value Disclosures [Abstract]

Fair Value Measurements of Financial Instruments

The following table details the fair value measurements of the Company’s financial assets:

			Fair Value Measurement July 1, 2017 Using:
	Total		Level 1		Level 2		Level 3
Cash and Equivalents	$	30,541,293	$	30,541,293	$	—	$	—
U.S. Government Securities	36,425,493		6,929,160		29,496,333		—
Corporate Debt	7,333,186		—		7,333,186		—
Certificates of Deposit	10,608,572		—		10,608,572		—
GCS Holdings	371,245		371,245		—		—
Warrant	274,000		—		—		274,000
	$	85,553,789	$	37,841,698	$	47,438,091	$	274,000
			Fair Value Measurement December 31, 2016 Using:
	Total		Level 1		Level 2		Level 3
Cash and Equivalents	$	15,822,495	$	15,822,495	$	—	$	—
U.S. Government Securities	36,091,261		7,144,767		28,946,494		—
Corporate Debt	7,557,029		—		7,557,029		—
Certificates of Deposit	17,727,111		—		17,727,111		—
GCS Holdings	331,454		331,454		—		—
	$	77,529,350	$	23,298,716	$	54,230,634	$	—