GOODWILL, LONG-LIVED ASSETS and INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2021

GOODWILL, LONG-LIVED ASSETS and INTANGIBLE ASSETS [Abstract]

Changes in Goodwill

The following table reflects changes in goodwill:

Beginning balance at December 31, 2020	$	5,963,744
Change in foreign currency exchange rate		(289,612	)
Balance at September 30, 2021	$	5,674,132

Intangible Assets

Intangible assets consisted of the following at:

			September 30, 2021						December 31, 2020
	Weighted Average Remaining Useful Life		Cost		Accumulated Amortization		Net Book Value		Cost		Accumulated Amortization		Net Book Value
Intellectual property		7	$	779,848	$	173,650	$	606,198	$	1,638,699	$	472,190	$	1,166,509
Developed technology		4		1,986,811		775,405		1,211,406		2,102,526		594,186		1,508,340
Customer contracts/relationships		6		516,464		155,882		360,582		1,323,424		423,093		900,331
Trade names		6		3,875		3,875		-		115,318		44,512		70,806
			$	3,286,998	$	1,108,812	$	2,178,186	$	5,179,967	$	1,533,981	$	3,645,986