LINE OF CREDIT	3 Months Ended
Mar. 31, 2018
LINE OF CREDIT [Abstract]
LINE OF CREDIT	NOTE L – LINE OF CREDIT NetWolves maintains a $4.0 million line of credit with a lending institution. Advances under the line, which expires on June 29, 2018, bear interest at a rate of LIBOR plus 2.25% and are secured by substantially all of the assets of NetWolves Network Services, LLC and guaranteed by Vaso Corporation. At March 31, 2018, the Company had drawn approximately $4.0 million against the line. The draw is included in notes payable and capital lease obligations – current portion in the Company’s condensed consolidated balance sheet. The Company maintains an additional $2.0 million line of credit with a lending institution. Advances under the line, which expires on June 29, 2018, bear interest at a rate of LIBOR plus 2.25% and are secured by substantially all of the assets of the Company. At March 31, 2018, the Company had drawn approximately $0.8 million against the line. The line of credit agreement includes certain financial covenants. At March 31, 2018, the Company was not in compliance with such covenants.

LINE OF CREDIT

3 Months Ended

Mar. 31, 2018

NOTE L – LINE OF CREDIT

NetWolves maintains a $4.0 million line of credit with a lending institution. Advances under the line, which expires on June 29, 2018, bear interest at a rate of LIBOR plus 2.25% and are secured by substantially all of the assets of NetWolves Network Services, LLC and guaranteed by Vaso Corporation. At March 31, 2018, the Company had drawn approximately $4.0 million against the line. The draw is included in notes payable and capital lease obligations – current portion in the Company’s condensed consolidated balance sheet.

The Company maintains an additional $2.0 million line of credit with a lending institution. Advances under the line, which expires on June 29, 2018, bear interest at a rate of LIBOR plus 2.25% and are secured by substantially all of the assets of the Company. At March 31, 2018, the Company had drawn approximately $0.8 million against the line. The line of credit agreement includes certain financial covenants. At March 31, 2018, the Company was not in compliance with such covenants.