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STOCK COMPENSATION PLANS (Tables)
12 Months Ended
Dec. 30, 2023
STOCK COMPENSATION PLANS  
Nonvested restricted stock activity

 

 

Number of

unvested restricted

shares

 

 

Weighted-average grant-date fair

value

 

Outstanding at December 31, 2022

 

 

11,622

 

 

$19.20

 

Granted

 

 

155,235

 

 

 

5.19

 

Vested

 

 

48,050

 

 

 

2.80

 

Forfeited

 

 

1,818

 

 

 

34.42

 

Outstanding at December 30, 2023

 

 

116,989

 

 

$2.96

 

Restricted stock and restricted stock units activity

Date Issued

 

Issued to

 

Number of Shares

 

 

Market Price

 

 

Fair Value

 

July 12, 2023

 

Directors (5)

 

 

142,860

 

 

$2.80

 

 

$400,008

 

August 9, 2023

 

Employees (4)

 

 

12,375

 

 

 

2.80

 

 

 

34,650

 

Date Issued

 

Issued to

 

Number of Shares

 

 

Market Price

 

 

Fair Value

 

June 9, 2022

 

Director (3)

 

 

14,313

 

 

$10.48

 

 

$150,000