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DEFERRED RESEARCH AND DEVELOPMENT REVENUE
12 Months Ended
Dec. 31, 2018
DEFERRED RESEARCH AND DEVELOPMENT REVENUE [Abstract]  
DEFERRED RESEARCH AND DEVELOPMENT REVENUE
NOTE 7 — DEFERRED RESEARCH AND DEVELOPMENT REVENUE:

The Company recognizes income from R&D milestones when those milestones are reached and non-milestone contracts and grants when earned.  These projects are invoiced after expenses are incurred. Any projects or grants funded in advance are deferred until earned. As of December 31, 2018 and 2017, there were $422,905 and $50,000 unearned advanced revenues, respectively.