PREPAID EXPENSES

12 Months Ended

Dec. 31, 2020

PREPAID EXPENSES [Abstract]

PREPAID EXPENSES

Note 5 PREPAID EXPENSES

The Company has various agreements to license data which require upfront and periodic payments. The Company records the expenses related to these agreements ratably over the annual terms. As of December 31, 2020, the Company’s balance sheet reflected prepaid expenses of $90,157 under these agreements. Additionally, as of December 31, 2020 and 2019, the Company’s balance sheet reflected other prepaid expenses of $30,822 and $25,365, respectively, relating to various software licenses and insurance policies with durations ranging from 3 months to 1 year.