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Sale of Andrea Anti-Noise Products Division
 9 Months Ended
Sep. 30, 2017
Sale of Andrea Anti-Noise Products Division [Abstract]  
Sale of Andrea Anti-Noise Products Division

Note 9. Sale of Andrea Anti-Noise Products Division

On April 2, 2015, Andrea Electronics Corporation consummated the transactions contemplated by the Asset Purchase Agreement, by and between Andrea Electronics Corporation and Andrea Communications LLC dated March 27, 2015. Under the Asset Purchase Agreement, the Company sold its Anti-Noise Products Division (the “Division”) and certain related assets for a selling price of $900,000 which included a cash payment of $300,000 and a note receivable of $600,000 paid in 18 equal monthly installments of $34,757 including interest at a rate of 3.25% per annum beginning in October 2015. The note receivable was paid in full in March 2017. Accordingly, the results of operations, the assets and liabilities of the Division are presented as discontinued operations for both current and prior periods.

The following table reflects the results of the discontinued operations of the Division’s business segment for the three and nine months ended September 30, 2017 and 2016 and as of September 30, 2017 and December 31, 2016, respectively:

     For the Three Months Ended     For the Nine Months Ended
September 30,
2017		     September 30,
2016		September 30,
2017		     September 30,
2016
Operations
Net Revenues$     -$     3,667$     16,728$     72,027
Cost of Sales-3,66716,72872,027
             
Gross margin----
             
Income from Discontinued Operations$-$-$-$-


     September 30,
2017		     December 31,
2016
Assets
Accounts Receivable, net$     -$     36,995
Inventories, net-26,304
 
Assets from Discontinued Operations$-$63,299
 
Liabilities
Other current liabilities-14,700
       
Liabilities from Discontinued Operations$-$14,700