v3.26.1
STOCK BASED COMPENSATION (Tables)
12 Months Ended
Dec. 28, 2025
STOCK BASED COMPENSATION  
Schedule of company's stock options

 

 

Number of Options

 

 

Weighted Average

Exercise

Price

 

 

Weighted Average Remaining Term

(In Years)

 

 

Aggregate Intrinsic

Value

 

Options outstanding at December 31, 2023

 

 

319,250

 

 

$2.62

 

 

 

7.6

 

 

$-

 

Granted

 

 

20,000

 

 

 

1.64

 

 

 

9.3

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Canceled, forfeited, or expired

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Options outstanding at December 29, 2024

 

 

339,250

 

 

$2.53

 

 

 

7.4

 

 

$-

 

Options exercisable on December 29, 2024

 

 

169,554

 

 

 

2.65

 

 

 

6.8

 

 

$-

 

Granted

 

 

62,500

 

 

 

1.50

 

 

 

9.3

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Canceled, forfeited, or expired

 

 

(20,000)

 

 

2.5

 

 

 

-

 

 

 

-

 

Options outstanding at December 28, 2025

 

 

381,750

 

 

$2.40

 

 

 

6.6

 

 

$-

 

Options exercisable on December 28, 2025

 

 

251,889

 

 

$2.47

 

 

 

5.8

 

 

$-

 

Schedule of assumptions used to estimate the fair value of the stock options

 

 

2025

 

 

2024

 

The average fair value of options granted during the period

 

$0.83

 

 

$1.14

 

Expected average life (in years)

 

 

2.5

 

 

 

6.0

 

Expected dividend

 

 

-

 

 

 

-

 

Expected stock volatility

 

 

65%

 

 

63%

Risk-free interest rate

 

 

4.19%

 

 

3.75%