INTANGIBLE ASSETS, NET, AND GOODWILL (Tables)

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

Intangible assets, net, consists of the following as of December 31, 2019 and 2018:

	2019			2018
Cost:
Patents	$	1,801,000		$	1,507,000
Domain name	22,000			22,000
Client Base (1)	144,000			142,000
Trademark (1)	18,000			17,000
Backlog (1)	13,000			13,000
Technology	77,000			77,000
	2,075,000			1,778,000
Less: Accumulated amortization	(499,000		)	(404,000		)
Intangible assets, net	$	1,576,000		$	1,374,000

(1) Includes the impact of foreign currency translation. The total impact at December 31, 2018 was $1,000 and there was no impact at December 31, 2019.    

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The following table summarizes the estimated amortization expense relating to the intangible assets as of December 31, 2019:

Years ending December 31,
2020	$	94,000
2021	85,000
2022	75,000
2023	72,000
2024	71,000
2025 and thereafter	554,000
Total amortization expense	$	951,000

Schedule of Goodwill

The following table summarizes goodwill arising from the acquisition of GVR Trade:

	Goodwill
Balance at January 1, 2018	$	824,000
Effect of currency translation	(7,000		)
Balance at December 31, 2018	$	817,000
Effect of currency translation	14,000
Balance at December 31, 2019	$	831,000