Significant Accounting Policies (Tables)

12 Months Ended

Jan. 02, 2016

Accounting Policies [Abstract]

Restatement

ChromaDex Corporation and Subsidiaries
Condensed Consolidated Balance Sheet
January 3, 2015
	Previously Reported	Adjustments	As Adjusted
Assets
Current Assets	$   9,898,691	$                -	$   9,898,691
Leasehold Improvements and Equipment, net	1,264,660	-	1,264,660
Other Noncurrent Assets	444,857	(91,361)	353,496
Total assets	$  11,608,208	$      (91,361)	$  11,516,847
Liabilities and Stockholders' Equity
Current Liabilities	$   4,980,820	$                -	$   4,980,820
Loan payable, less current maturities, net	2,068,474	(91,361)	1,977,113
Capital lease obligations, less current maturities	423,015	-	423,015
Deferred rent, less current	137,508	-	137,508
Total liabilities	7,609,817	(91,361)	7,518,456
Total stockholders' equity	3,998,391	-	3,998,391
Total liabilities and stockholders' equity	$  11,608,208	$      (91,361)	$  11,516,847

Historical volatility and the average daily trading volume of the Company's common stock

Period	Volatility	Average Daily Trading Volume
6/20/2008 ~ 4/19/2010	402%	11,455
4/20/2010 ~ 1/2/2016	74%	147,703

Pro-forma disclosure of our historical calculation of estimated volatility

Fiscal Year 2013			Fiscal Year 2013
Name	Use	Volatility	Name	Use	Volatility
Covance, Inc.	50%	35%	ChromaDex Corp.	20%	243%
Sigma-Aldrich Corp.	50%	30%	Covance Inc.	40%	35%
			Sigma-Aldrich Corp.	40%	30%
Weighted Average		33%	Weighted Average		75%

Inventories

	2015	2014
Reference standards	$      1,239,338	$      1,760,305
Bulk ingredients	7,195,461	2,298,036
	8,434,799	4,058,341
Less valuation allowance	261,000	324,000
	$      8,173,799	$      3,734,341

Leasehold improvements and equipment

	Useful Life
Leasehold improvements	Until the end of the lease term
Computer equipment	3 to 5 years
Furniture and fixtures	7 years
Laboratory equipment	10 years