Quarterly report pursuant to Section 13 or 15(d)

4. BUSINESS COMBINATIONS (Tables)

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4. BUSINESS COMBINATIONS (Tables)
6 Months Ended
Jun. 30, 2020
Business Combinations [Abstract]  
Purchase price consideration
    Amount  
       
Cash consideration at closing   $ 1,515,000  
Equity consideration at closing     1,000,000  
Fair value of Earn-Out shares     254,000  
Total   $ 2,769,000  
Assets acquired
    Amount  
       
       
Accounts receivable   $ 15,000  
Intangible Assets - Trade name     189,000  
Goodwill     2,565,000  
Total purchase price   $ 2,769,000