RELATED PARTY TRANSACTIONS

9 Months Ended

Sep. 29, 2018

The Company may from time to time enter into agreements with stockholders, affiliates and other companies engaged in certain aspects of the display, electronics, optical and software industries as part of our business strategy. In addition, the wearable computing product market is relatively new and there may be other technologies the Company needs to purchase from affiliates to enhance its product offering.

During the three and nine month periods ended September 29, 2018 and September 30, 2017, the Company had the following transactions with related parties:



	Three Months Ended
	September 29, 2018				September 30, 2017
	Sales		Purchases		Sales		Purchases
Goertek	$	—	$	90,594	$	—	$	207,694
RealWear, Inc.	634,834		—		48,320		—
	$	634,834	$	90,594	$	48,320	$	207,694

	Nine Months Ended
	September 29, 2018				September 30, 2017
	Sales		Purchases		Sales		Purchases
Goertek	$	—	$	389,503	$	—	$	390,619
RealWear, Inc.	1,147,789		—		109,952		—
	$	1,147,789	$	389,503	$	109,952	$	390,619

The Company had the following receivables, contract assets and payables with related parties:



	September 29, 2018						December 30, 2017
	Receivables		Total contract assets		Payables		Receivables		Payables
Goertek	$	—	$	—	$	145,538	$	—	$	326,877
RealWear, Inc.	589,358		900,000		—		414,635		—
	$	589,358	$	900,000	$	145,538	$	414,635	$	326,877