SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($) |
12 Months Ended | 26 Months Ended | |
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Dec. 31, 2020 |
Mar. 07, 2020 |
Dec. 31, 2019 |
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| FDIC insured limit | $ 250,000 | ||
| Cash in excess of FDIC insured limit | $ 5,477,000 | $ 9,120,000 | |
| Description of quarterly sales by license bearer | Licensees that pay royalties on a quarterly basis generally report to the Company actual quarterly sales and related quarterly royalties due within 45 days after the end of the quarter in which such sales activity takes place. | ||
| Increase in professional fees and related costs | $ 886,000 | ||
| Increase operating loss and net loss | 886,000 | ||
| Litigation settlement | $ 4,150,000 | ||
| Decrease in basic and diluted earnings per share | $ 0.04 | ||
| Certificates of Deposit [Member] | |||
| Certificate of deposits within FDIC limit | $ 3,500,000 | $ 8,921,000 | |
| Cisco [Member] | Settlement and License Agreement [Member] | |||
| Contractual obligation to pay royalties | $ 18,691,890 |
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- Definition Amount of judgment or settlement awarded to (against) the entity in respect of litigation. 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 The amount of cash as of the balance sheet date that is not insured by the Federal Deposit Insurance Corporation. No definition available.
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- Definition A savings certificate entitling the Entity (that is, bearer) to receive interest at an established maturity date, based upon a fixed interest rate. A certificate of deposit may be issued in any denomination. Certificates of deposit are generally issued by commercial banks and, therefore, insured by the FDIC (up to the prescribed limit). Certificates of deposit generally restrict holders from withdrawing funds on demand without the incurrence of penalties. Generally, only certificates of deposit with original maturities of three months or less qualify as cash equivalents. Original maturity means original maturity to the entity holding the investment. As a related example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three-years ago does not become a cash equivalent when its remaining maturity is three months. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of (increase) decrease to benefit obligation of defined benefit plan from irrevocable action relieving primary responsibility for benefit obligation and eliminating risk for obligation and assets used to effect settlement. Includes, but is not limited to, lump-sum cash payment to participant in exchange for right to receive specified benefits, purchase of nonparticipating annuity contract and change from remeasurement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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