v3.25.1
CONTRACT ASSETS AND LIABILITIES (Tables)
3 Months Ended
Mar. 29, 2025
Contract Assets And Liabilities  
SCHEDULE OF CONTRACT WITH CUSTOMER, ASSET AND LIABILITY

Net contract assets (liabilities) consisted of the following:

 

  

March 29,
2025

  

December 28, 2024

   

December 30, 2023

 
Contract assets  $9,347,871   $7,074,020    $ 3,409,809  
Current contract liabilities and billings in excess of revenue earned   (24,439)   (87,752)     (916,826 )
Noncurrent contract liabilities   (6,517)   (7,465)     (23,198 )
SCHEDULE OF SATISFACTION OF PERFORMANCE OBLIGATION

The Company’s revenue recognition related to performance obligations that were satisfied at a point in time and over time were as follows:

 

   Three months
ended
   Three months
ended
 
  

March 29, 2025

  

March 30, 2024

 
Point in time   13%   26%
Over time   87%   74%