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NATURE OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2019
Share Based Compensation Arrangement By Share Based Payment Award Options Expired Intrinsic Value  
Schedule of Disaggregated Revenue

The following table presents Flexpoint Sensor Systems revenues disaggregated by region and product type:


 

 

 

December 31,

     

December 31,

 

 

 

 

2019

 

 

 

 

 

2018

 

 

 

 

Consumer

Long-term

 

 

 

 

Consumer

Long-term

 

Segments

 

 

Products

Contract

Total

 

 

 

Products

Contract

Total

Domestic

 

$

674,911

-

674,911

 

 

$

92,470

-

92,470

International

 

 

158,125

-

158,125

 

 

 

175,296

-

175,296

 

 

$

833,036

-

833,036

 

 

$

267,766

-

267,766

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Components

 

$

135,262

-

135,262

 

 

$

243,091

-

243,091

Engineering         Services

 

 

147,774

-

147,774

 

 

 

24,675

-

24,675

Licensing fees

 

 

550,000

-

550,000

 

 

 

-

-

 

 

$

833,036

-

833,036

 

 

$

267,766

 

267,766