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401(k) PLANS
12 Months Ended
Dec. 31, 2017
401(k) PLANS [Abstract]  
401(k) PLANS
NOTE Q - 401(k) PLANS
 
The Company maintained two defined contribution plans during 2016 to provide retirement benefits for its employees - the Vasomedical, Inc. 401(k) Plan adopted in April 1997, and the NetWolves Network Services, LLC 401(k) Plan adopted in January 2015. The Company terminated the NetWolves Plan in December 2016 and made its participants eligible to enroll in the Vasomedical Plan in January 2017.  As allowed under Section 401(k) of the Internal Revenue Code, the plan provides tax-deferred salary deductions for eligible employees. Employees are eligible to participate in the next quarter enrollment period after employment  and participants may make voluntary contributions to the plan up to 80% of their compensation. In the years ended December 31, 2017 and 2016 the Company made discretionary contributions of approximately $116,000 and $67,000, respectively, to match a percentage of employee contributions.