Annual report pursuant to Section 13 and 15(d)

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of intangible assets

Intangible assets were comprised of the following:

		December 31, 2017
		Gross carrying amount				Accumulated amortization				Net carrying value

Goodwill		$	277,800				—			$	277,800
Customer list			42,500				(42,500	)			—
Technology			1,090,500				(745,200	)			345,300
Trade name			54,900				(54,900	)			—

		$	1,465,700			$	(842,600	)		$	623,100

		December 31, 2016
		Gross carrying amount				Accumulated amortization				Net carrying value

Goodwill		$	277,800				—			$	277,800
Customer list			42,500				(42,500	)			—
Technology			1,069,500				(609,300	)			460,200
Trade name			57,300				(57,300	)			—

		$	1,447,100			$	(709,100	)		$	738,000