XML 49 R40.htm IDEA: XBRL DOCUMENT v3.20.2
Prepaid Service Contract (Details) - USD ($)
1 Months Ended
Apr. 21, 2020
Apr. 21, 2020
Sep. 30, 2020
Dec. 31, 2019
[1]
Capitalized Contract Cost [Line Items]        
Prepaid asset - non-current     $ 1,890,000
InvestCloud, Inc [Member] | Restricted Stock [Member]        
Capitalized Contract Cost [Line Items]        
Restricted common stock issued to InvestCloud   193,906    
Per share price $ 5.81 $ 5.81    
License Fee [Member] | InvestCloud, Inc [Member]        
Capitalized Contract Cost [Line Items]        
Initial term of license   3 years    
Annual license fee   $ 600,000    
Amortization period of prepaid licensing fees 3 months      
Upfront Professional Service Fee [Member] | InvestCloud, Inc [Member]        
Capitalized Contract Cost [Line Items]        
Consideration paid   1,000,000    
Professional Services [Member] | InvestCloud, Inc [Member]        
Capitalized Contract Cost [Line Items]        
Value of restricted common stock issued to InvestCloud $ 1,100,000      
Prepaid asset - non-current $ 2,100,000 $ 2,100,000    
Amortization period of professional services prepaid assets 3 years      
[1] Statement of financial condition as of December 31, 2019 represents the pro forma combination of Siebert and StockCross balances. See "Note 3 - Acquisitions" for additional detail.