SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2020

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Schedule of Disaggregated Revenue

A part of our customer base is made up of international customers.  The table below allocates revenue between domestic and international customers.  The following table presents Flexpoint Sensor Systems revenues disaggregated by region and product type:

Three months ended:		March 31,							March 31,
		2020							2019
		Long-term							Long-term
		Consumer							Consumer
Segments		Products	Contract			Total			Products		Contract		Total
Domestic	$	27,333	-			27,333	$		16,048		-		16,048
International		11,770	-			11,770			48,547		-		48,547
	$	39,103	-			39,103	$		64,595		-		64,595
Components		21,103		-	21,103					58,172		-	58,172
Engineering Services		18,000		-	18,000					6,423		-	6,423
Licensing fee		-		-	-					-		-	-
	$	39,103		-	39,103			$		64,595		-	64,595