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).