FAIR VALUE MEASUREMENT (Tables)

12 Months Ended

Dec. 31, 2019

FAIR VALUE MEASUREMENT [Abstract]

Financial Assets, Measured at Fair Value

The following table sets forth the financial assets, measured at fair value, by level within the fair value hierarchy as of December 31, 2019:

	Level 1		Level 2		Level 3		Total
Cash equivalents:	$	-	$	-	$		$	-
Warrant liability						-		-
Contingent consideration		-		-		-		-
Total		-		-	$	-	$	-

The following table sets forth the financial assets, measured at fair value, by level within the fair value hierarchy as of December 31, 2018:

	Level 1		Level 2		Level 3		Total
Cash equivalents:	$	-	$	-	$		$	-
Warrant liability						4,189,388		4,189,388
Contingent consideration		-		-		605,223		605,223
Total		-		-	$	4,794,611	$	4,794,611

Change in Level 3 Instruments

The following table presents the change in level 3 instruments:

Closing balance December 31st 2018		4,794,611
Additions during the period	$	-
Paid/settlements		(4,794,611	)
Total gains recognized in Statement of Operations		-
Closing balance December 31st 2019	$	-