4. Reclassifications |
3 Months Ended |
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Mar. 30, 2019 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Reclassifications |
Note 4: Reclassifications
Certain amounts in the prior year consolidated financial statements have been reclassified to conform to the current year presentation. These reclassifications had no effect on the previously reported net income or stockholders’ equity. On March 12, 2018, the Company reincorporated from Minnesota to Nevada. The State of Nevada requires a stated par value, which the Company fixed at $.001 per share. On April 19, 2019, the amounts for common stock and additional paid in capital for fiscal year 2018 have been reclassified to reflect the 1:5 reverse stock split. |
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- References No definition available.
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- Definition The entire disclosure for classifying current financial statements, which may be different from classifications in the prior year's financial statements. Disclose any material changes in classification including an explanation of the reason for the change and the areas impacted. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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