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Note G - Consolidation of Variable Interest Entity
12 Months Ended
Dec. 31, 2017
Notes to Financial Statements  
Variable Interest Entity Disclosure [Text Block]
NOTE
 G – CONSOLIDATION OF VARIABLE INTEREST ENTITY
 
 
       
Milestone Education is a
50%
owned subsidiary of Milestone Scientific which began operations in
2013
to provide training and education to dentists throughout the world. Approximately
81%
of the revenue earned by Milestone Education is from services performed for Milestone Scientific as of
December 31, 2017
and
2016.
Because of this dependency and relationship, we determined that we had the power to direct the activities that most significantly impact Milestone Education's economic performance, and therefore Milestone Education is consolidated in our financial statements.