SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Cash, Accounts Receivable, Concentration of Revenue and Geographic Area (Details) |
12 Months Ended | |
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Dec. 31, 2015
USD ($)
agreement
item
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Dec. 31, 2014
USD ($)
agreement
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Cash | ||
Number of financial institution for maintaining balances of cash and cash equivalents | item | 1 | |
Accounts Receivable | ||
Allowance for bad debts | $ 375,750 | $ 0 |
Net accounts receivable | $ 136,842 | $ 216,997 |
Concentration of Revenue and Geographic Area | ||
Revenues from five licenses (as a percent) | 62.00% | 88.00% |
Customer concentration risk | ||
Concentration of Revenue and Geographic Area | ||
Number of licenses | agreement | 5 | 5 |
Maximum | ||
Cash | ||
Insured by FDIC | $ 250,000 |
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- References No definition available.
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- Definition Represents the number of financial institution for maintaining balances of cash and cash equivalents. No definition available.
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- Definition Represents the number of licenses. No definition available.
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- Definition For an unclassified balance sheet, the amount due from customers or clients for goods or services that have been delivered or sold in the normal course of business, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition For an unclassified balance sheet, a valuation allowance for receivables due a company that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition The amount of cash deposited in financial institutions as of the balance sheet date that is insured by the Federal Deposit Insurance Corporation. No definition available.
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- Definition For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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