Quarterly report pursuant to Section 13 or 15(d)

STOCK BASED COMPENSATION (Details Narrative)

v3.3.0.814
STOCK BASED COMPENSATION (Details Narrative) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Issuance of stock options to each of the three non-management director to purchase common stock     35,000 35,000
Issuance of stock options to each of the three non-management directors to purchase common stock, exercise price per share     $ 2.34 $ 1.65
Stock-based compensation $ 69,000 $ 45,000 $ 243,000 $ 207,000
Unrecognized stock-based compensation cost 43,000   43,000  
Aggregate intrinsic value of options exercisable $ 1,964,000   $ 1,964,000  
Stock option excercised     50,000  
Stock option excercised, exercise price per share     $ 0.90  
Delivery of shares of common stock by cashless basis     19,651  
Net shares issued     30,349  
Executive Vice President [Member]        
Stock option excercised     150,000 75,000
Stock option excercised, exercise price per share     $ 0.90 $ 0.68
Delivery of shares of common stock by cashless basis     60,000 31,098
Net shares issued     90,000 26,934
Issuance of stock options to purchase common stock       50,000
Issuance of stock options exercise price       $ 1.65
Chief Executive Officer [Member]        
Stock option excercised       1,517,500
Stock option excercised at 0.25 exercise price       1,100,000
Stock option excercised at 0.68 exercise price       417,500
Stock option excercised, exercise price per share       $ 0.25
Delivery of shares of common stock by cashless basis       292,618
Delivery of shares to fund withholding taxes       516,288
Aggregate value of shares delieverd to fund withholding taxes       $ 986,110
Net shares issued       708,594
Chief Financial Officer [Member]        
Issuance of stock options to purchase common stock       50,000
Issuance of stock options exercise price       $ 1.65
Consultant [Member]        
Issuance of stock options to purchase common stock       75,000
Issuance of stock options exercise price       $ 1.65