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FOREIGN CURRENCY EXCHANGE RATE RISK
12 Months Ended
Dec. 31, 2018
Foreign Currency [Abstract]  
FOREIGN CURRENCY EXCHANGE RATE RISK

NOTE 8. FOREIGN CURRENCY EXCHANGE RATE RISK

 

The Company is exposed to foreign currency risks that arise from some of its foreign customers in Colombia, transacted in Colombia Pesos. As a result, exchange rate fluctuations may cause our international results to fluctuate when translated into U.S. dollars. These risks may change over time as business practices evolve and could have an impact on the Company’s financial results in the future due to the nature of our accounts receivable in Colombia which totaled approximately $31,000 and $314,000 at December 31, 2018 and 2017, respectively. The Company monitors its risk associated with the volatility of certain foreign currencies against U.S. dollars.