XML 55 R27.htm IDEA: XBRL DOCUMENT v3.20.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)
12 Months Ended 276 Months Ended
Dec. 31, 2019
Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]    
Estimated useful lives of assets 5 years  
Estimated useful life of patents 20 years  
Date of incorporation Jan. 01, 1997  
Jurisdiction of incorporation NV  
Date of corporate name change Mar. 10, 2008 Mar. 10, 2008
Disposal of assets discription The Company was engaged in an unrelated business until June 30, 1998, at which time the principal assets of that business were sold and operations were discontinued.  
Date of acquisition   Jul. 14, 2004
Fair value method for acquisition transaction On July 14, 2004, the Company acquired PSI-TEC in a share exchange, which was considered to be a capital transaction in substance rather than a business combination, and was accounted for as a change of capital structure under accounting principles generally accepted in the United States. On October 20, 2006, the Company and PSI-TEC merged and the Company changed its name to Third-Order Nanotechnologies, Inc. On March 10, 2008, the Company changed its name to Lightwave Logic, Inc.  
Name of acquired entity PSI-TEC Holdings, Inc.  
Date of merger   Oct. 20, 2006