COMMITMENTS AND CONTINGENCIES - Note10	9 Months Ended
Sep. 30, 2020
Commitments And Contingencies Disclosure Footnote
Commitments and Contingencies - Note 10	10. COMMITMENTS AND CONTINGENCIES Litigation In March 2019, we filed a Notice of Arbitration in Hong Kong against Ragentek as a result of its failure to perform its obligations under a purchase order with us. During 2019, we reached an agreement with the distributor in our Ragentek contract on the final transaction price of the units shipped to them. As part of the agreement reached in 2019, we agreed to return $432,000 of the original transaction price to our distributor. During the three and nine months ended September 30, 2020, payments totaling $59,000 and $332,000 were made to the distributor. During the three months ended September 30, 2020, we settled all claims with Ragentek and our distributor. Per the terms of the agreement, the final $100,000 payment to our distributor was no longer required. Upon settlement we dismissed the arbitration. We are subject to various claims and pending or threatened lawsuits in the normal course of business. We are not currently party to any legal proceedings that management believes are reasonably possible to have a material adverse effect on our financial position, results of operations or cash flows.

COMMITMENTS AND CONTINGENCIES - Note10

9 Months Ended

Sep. 30, 2020

Commitments And Contingencies Disclosure Footnote

10. COMMITMENTS AND CONTINGENCIES

Litigation

In March 2019, we filed a Notice of Arbitration in Hong Kong against Ragentek as a result of its failure to perform its obligations under a purchase order with us. During 2019, we reached an agreement with the distributor in our Ragentek contract on the final transaction price of the units shipped to them. As part of the agreement reached in 2019, we agreed to return $432,000 of the original transaction price to our distributor. During the three and nine months ended September 30, 2020, payments totaling $59,000 and $332,000 were made to the distributor. During the three months ended September 30, 2020, we settled all claims with Ragentek and our distributor. Per the terms of the agreement, the final $100,000 payment to our distributor was no longer required. Upon settlement we dismissed the arbitration.

We are subject to various claims and pending or threatened lawsuits in the normal course of business. We are not currently party to any legal proceedings that management believes are reasonably possible to have a material adverse effect on our financial position, results of operations or cash flows.