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Investment in Privately Held Company
12 Months Ended
Dec. 31, 2017
Investments, All Other Investments [Abstract]  
Investment in Privately Held Company

7.       Investment in Privately Held Company

 

The Company had an original investment in a privately held Israeli-based company in the amount of $100,000. The privately held company offers surgeons and radiologists the ability to detect cancer in real time. Due to the fact that the privately held company has experienced delays in executing its business plan, the Company determined to write down the value of its investment (included in other assets in the accompanying consolidated balance sheets) to $65,000 at December 31, 2013 and to $50,000 at December 31, 2015. The Company further wrote down the value of its investment to $35,000 at December 31, 2016 and to $15,000 at December 31, 2017, resulting in a charge to the statement of operations of $15,000 and $20,000, respectively, for the years ended December 31, 2016 and 2017.