CASH AND CASH EQUIVALENTS AND MARKETABLE DEBT SECURITIES (Tables)

3 Months Ended

Apr. 01, 2023

Cash and Cash Equivalents [Abstract]

SCHEDULE OF AVAILABLE-FOR-SALE MARKETABLE DEBT SECURITIES

Investments in available-for-sale marketable debt securities were as follows at April 1, 2023 and December 31, 2022:

	Amortized Cost				Unrealized Losses						Fair Value
	2023		2022		2023			2022			2023		2022
U.S. government and agency backed securities	$	13,374,623	$	2,500,006	$	(43,938	)	$	(102,276	)	$	13,330,685	$	2,397,730
Corporate debt and certificates of deposit		7,750,174		2,000,012		(53,809	)		(8,964	)		7,696,365		1,991,048
Total	$	21,124,797	$	4,500,018	$	(97,747	)	$	(111,240	)	$	21,027,050	$	4,388,778

SCHEDULE OF MARKETABLE DEBT SECURITIES

The contractual maturity of the Company’s marketable debt securities was as follows at April 1, 2023:

	Less than One year		One to Five years		Total
U.S. government and agency backed securities	$	11,345,770	$	1,984,915	$	13,330,685
Corporate debt		2,492,328		5,204,037		7,696,365
Total	$	13,838,098	$	7,188,952	$	21,027,050