SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) |
6 Months Ended | 12 Months Ended | |
---|---|---|---|
Jun. 30, 2018 |
Jun. 30, 2017 |
Dec. 31, 2017 |
|
Patents and other technologies | $ 1,419,474 | $ 1,583,260 | |
Goodwill | |||
Total | 1,419,474 | 1,583,260 | |
Impairment loss | 0 | $ 0 | 1,321,338 |
Patents and other technologies | |||
Impairment loss | 923,769 | ||
Goodwill [Member] | |||
Impairment loss | 397,569 | ||
Fair Value, Inputs, Level 1 [Member] | |||
Patents and other technologies | |||
Goodwill | |||
Total | |||
Fair Value, Inputs, Level 2 [Member] | |||
Patents and other technologies | |||
Goodwill | |||
Total | |||
Fair Value, Inputs, Level 3 [Member] | |||
Patents and other technologies | $ 1,419,474 | 1,583,260 | |
Goodwill | |||
Total | $ 1,583,260 |
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- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of impairment loss recognized in the period resulting from the write-down of the carrying amount of a finite-lived intangible asset to fair value. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Carrying amount of finite-lived intangible assets, indefinite-lived intangible assets and goodwill. Goodwill is an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Intangible assets are assets, not including financial assets, lacking physical substance. No definition available.
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- Definition Amount after impairment of indefinite-lived intangible assets classified as other. Excludes financial assets and goodwill. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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