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3. Interest Income
12 Months Ended
Dec. 31, 2018
Interest Income  
Interest Income

Interest income totaled $7,000 for the year ended December 31, 2018 compared to interest income of $15,000 for the year ended December 31, 2017. Related party interest income decreased by $8,000 during the year ended December 31, 2018 to $5,000 from $13,000 for the comparable period in 2017. The related party interest income is the result of the Company’s investment in a $560,000 short term note with LIC, which investment was made during the year ended December 31, 2017. The Company received payment of the outstanding note receivable from LIC in March, 2018. Interest income of $2,000, represents interest earned on the Company’s money market account during the years ended December 31, 2018 and 2017.