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GOODWILL AND IN PROCESS RESEARCH AND DEVELOPMENT
3 Months Ended
Mar. 31, 2021
GOODWILL AND IN PROCESS RESEARCH AND DEVELOPMENT [Abstract]  
GOODWILL AND IN PROCESS RESEARCH AND DEVELOPMENT
NOTE 8
GOODWILL AND IN PROCESS RESEARCH AND DEVELOPMENT
 
The Company recorded Goodwill and IPR&D in the amount of $2,043,747 and $6,860,000, respectively, in connection with the acquisition of IRX. IPR&D assets are considered to be indefinite lived until the completion or abandonment of the associated research and development projects.