RELATED PARTY TRANSACTIONS

6 Months Ended

Jun. 29, 2019

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 six month periods ended June 29, 2019 and June 30, 2018, the Company had the following transactions with related parties:



	Three Months Ended
	June 29, 2019				June 30, 2018
	Sales		Purchases		Sales		Purchases
Goertek	$	—	$	—	$	—	$	78,905
RealWear, Inc.	4,667,258		—		261,605		—
	$	4,667,258	$	—	$	261,605	$	78,905

	Six Months Ended
	June 29, 2019				June 30, 2018
	Sales		Purchases		Sales		Purchases
Goertek	$	—	$	1,246,077	$	—	$	298,909
RealWear, Inc.	5,192,644		—		512,956		—
	$	5,192,644	$	1,246,077	$	512,956	$	298,909

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



	June 29, 2019						December 29, 2018
	Receivables		Contract assets		Payables		Receivables		Contract assets		Payables
Goertek	$	—	$	—	$	873,923	$	—	$	—	$	207,530
RealWear, Inc.	2,060,537		400,000		—		1,041,334		400,000		—
	$	2,060,537	$	400,000	$	873,923	$	1,041,334	$	400,000	$	207,530