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GOODWILL (Tables)
12 Months Ended
Dec. 31, 2020
Intangible Assets, Net (Including Goodwill) [Abstract]  
Schedule of goodwill

The following table summarizes the changes in our goodwill for the years ended December 31, 2020 and 2019:

 

    Goodwill  
Balance as of January 1, 2019   $ 8,197,818  
Impairment     (480,953 )
Effect of exchange rate changes     384,082  
Balance as of December 31, 2019     8,100,947  
Acquisition of Relec     1,147,894  
Effect of exchange rate changes     396,485  
Balance as of December 31, 2020   $ 9,645,686