Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.21.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Disaggregation of revenue
    Years Ended December 31,  
    2020     2019  
Fully-Paid Licenses   $        ―     $ 130,000 (1)
Royalty Bearing Licenses     4,403,000

(2)

     2,907,000  
Total Revenue   $ 4,403,000     $ 3,037,000  

  

(1) Includes conversion of an existing royalty bearing license to a fully-paid license.

(2) Includes revenue of $4,150,000 from a litigation settlement with Dell, Inc. (see Note K[2] hereof).