XML 80 R66.htm IDEA: XBRL DOCUMENT
v3.22.4

MERGER (Details) - Merger Agreement [Member] | Sep. 29, 2022 USD ($)
--- | ---
MERGER (Details) [Line Items] |
Proceeds from Merger | $ 10,000,000
Merger Agreement, Description of Consideration | Each holder of an outstanding share of SilverSun common stock will receive: ● A cash dividend of at least $1.50 per share, which equates to approximately $8.5 million in the aggregate; ● A stock dividend of one share of SilverSun Technologies Holdings, Inc. ("HoldCo"), a recently formed subsidiary of SilverSun. HoldCo's sole assets are its 100% ownership of SWK and SCS (together the "Subsidiaries"), which Subsidiaries accounted for the large majority of SilverSun's revenue in 2022. It is expected that the capital structure of HoldCo will roughly approximate the current capital structure of SilverSun; ● Following the consummation of the business combination, the business of the Subsidiaries will continue to be operated consistent with past practices. The current management and Board of Directors of SilverSun, including Mark Meller, the Chief Executive Officer of both SilverSun and SWK, will continue in their current roles at both HoldCo and the Subsidiaries. HoldCo will apply for public listing and the shares distributed in the stock dividend will be registered pursuant to a Form 10 that will be filed by HoldCo with the SEC (subject to regulatory and exchange regulations and approvals); and ● The shares of SilverSun's common stock to be retained by the current SilverSun stockholders following the consummation of the business combination will collectively represent approximately 3.2% of SilverSun's pro forma common equity ownership.
Company [Member] |
MERGER (Details) [Line Items] |
Equity Method Investment, Ownership Percentage | 3.20%
Payment due if Rhodium Terminates [Member] |
MERGER (Details) [Line Items] |
Merger, Termination Payment | $ 5,000,000
Payment due if Company Terminates [Member] |
MERGER (Details) [Line Items] |
Merger, Termination Payment | $ 5,000,000

X
- References No definition available. + Details
Name: | ssnt_MERGERDetailsLineItems
Namespace Prefix: | ssnt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ssnt_MergerAgreementDescriptionOfConsideration
Namespace Prefix: | ssnt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ssnt_MergerTerminationPayment
Namespace Prefix: | ssnt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- References No definition available. + Details
Name: | ssnt_ProceedsFromMerger
Namespace Prefix: | ssnt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (a)(1) -URI https://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentOwnershipPercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | ssnt_MergerAxis=ssnt_MergerAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=ssnt_CompanyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_NatureOfExpenseAxis=ssnt_PaymentDueIfRhodiumTerminatesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_NatureOfExpenseAxis=ssnt_PaymentDueIfCompanyTerminatesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |