SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2017

SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Schedule of Goodwill

Following is a table that reflects changes in Goodwill:

Beginning balance 1/1/17	$	-
Acquisition of CDM		1,651,361
Changes in foreign currency exchange rate		15,249
Balance at December 31, 2017	$	1,666,610

Schedule of Finite-Lived Intangible Assets

In addition, the Company recorded certain intangible assets as part of the CDM acquisition which are as follows as of December 31, 2017:

	Cost		Accumulated Amortization		Net Book Value
Intellectual property	$	886,872	$	88,687	$	798,185
Customer contracts/relationships		776,013		77,601		698,412
Order backlog		221,867		221,867		-
Trade names		110,859		10,079		100,780
	$	1,995,611	$	398,234	$	1,597,377