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Investment
 12 Months Ended
Dec. 31, 2020
Investment [Abstract]  
Investment
Note 4.
Investment

The Company had the following investments.

 
Investments
   
Percentage of
Ownership
    December 31,
2020
    December 31, 
2019
  
             
PT IONSOFT
Equity
  
0.09
%
        
ACDE Consulting VN PTE LED
Available-for-sale
  
20.00
%
 
$
-
  
$
10,040
 
4Grit
Available-for-sale
  
2.50
%
 
$
45,960
  
$
43,189
 
E-channel
Available-for-sale
  
0.07
%
 
$
43,470
  
$
40,849
 
KSFC
Available-for-sale
  
0.00
%
 
$
12,087
  
$
11,359
 
Total investment securities
      
$
101,517
  
$
105,437
 

Equity Method

The Company applies the equity method for investments in affiliate, which is a privately-held company where quoted market prices are not available, in which it has the ability to exercise significant influence over operating and financial policies of the affiliate. Significant influence is generally defined as 20% to 50% ownership in the voting stock of an investee. The Company changed PT IONSOFT account classification from equity method to cost method since third quarter of 2019 since the share of PT IONSOFT has changed from 20% into 0.9% as of August 1, 2019.

Available-for-sale securities

The Company’s investments also include privately-held companies, where quoted market prices are not available, and the cost method, combined with other intrinsic information, is used to assess the fair value of the investment.