RELATED PARTY TRANSACTIONS

9 Months Ended

Sep. 30, 2023

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

15. RELATED PARTY TRANSACTIONS

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 months ended September 30, 2023 and September 24, 2022, the Company had the following transactions with related parties:

	Three Months Ended
	September 30, 2023				September 24, 2022
	Sales		Purchases		Sales		Purchases
RealWear, Inc.	$	135,918	$	—	$	108,725	$	—
HMDmd, Inc.		349,420		—		329,100		—
Lightning Silicon Technology, Inc.		—		208,933		—		—
	$	485,338	$	208,933	$	437,825	$	—

	Nine Months Ended
	September 30, 2023				September 24, 2022
	Sales		Purchases		Sales		Purchases
RealWear, Inc.	$	905,564	$	—	$	827,746	$	—
HMDmd, Inc.		852,175		—		392,025		—
Lightning Silicon Technology, Inc.		—		416,988		—		—
	$	1,757,739	$	416,988	$	1,219,771	$	—

At September 30, 2023 and December 31, 2022, the Company had the following receivables from and payables to related parties:

	September 30, 2023				December 31, 2022
	Receivables		Payables		Receivables		Payables
RealWear, Inc.	$	135,918	$	—	$	171,518	$	—
HMDmd, Inc.		92,752		—		151,340		—
Solos Technology		—		—		2,248		—
Lightning Silicon Technology, Inc.		12,962		154,933		—		—
	$	241,632	$	154,933	$	325,106	$	—