GEOGRAPHIC INFORMATION AND ECONOMIC DEPENDENCY (Tables)

12 Months Ended

Dec. 31, 2019

GEOGRAPHIC INFORMATION AND ECONOMIC DEPENDENCY [Abstract]

Net Product Sales by Geographic Area

The Company produces only one group of similar products known collectively as “rapid medical tests,” and it operates in a single business segment. Net product sales by geographic area are as follows:

	Year Ending December 31,
	2019		2018
Africa	$	7,564,360	$	8,838,632
Asia		888,800		1,404,982
Europe & Middle East		3,781,761		2,208,063
Latin America		11,808,767		12,546,083
United States		4,801,309		2,915,449
	$	28,844,997	$	27,913,209

Long-lived Assets by Geographic Area

Long-lived assets by geographic area are as follows:

	2019		2018
Asia	$	393,299	$	466,185
Europe & Middle East		165,029		123,752
Latin America		60,527		–
United States		5,314,715		2,283,983
	$	5,933,569	$	2,873,920