Annual report pursuant to Section 13 and 15(d)

CONTINGENT CONSIDERATION LIABILITY (Details)

v3.8.0.1
CONTINGENT CONSIDERATION LIABILITY (Details)
12 Months Ended
Dec. 31, 2017
Therapeutics Medical Acquisition[Member]  
Formula to calculate contingent consideration, description
One-Year Anniversary Date Revenue     Probability    

Revenue-Based

Payment

   

Probability-Weighted

Amounts

 
                     
$ 3,200,000       0.00 %   $ 800,000     $ –  
$ 2,000,000       0.50 %   $ 200,000       1,000  
$ 1,599,999       99.50 %   $ –       –  
                             
Fair Value of Expected Earn-out Payment        1,000  
Discount Rate        25 %
Payments     $  0  
Present Value Factor at 20% Discount Rate for 12 Months        0.9457  
Present Value of Contingent Consideration      946