Annual report pursuant to Section 13 and 15(d)

STOCKHOLDER'S EQUITY (Details Narrative)

v3.6.0.2
STOCKHOLDER'S EQUITY (Details Narrative) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Stock option to purchase common stock to its officers directors and counsultants   0 105,000
Fair value of options based on the Black-Scholes option-pricing model     $ 71,000
Recognized stock-based compensation   $ 12,000 $ 272,000
Recognized stock-based compensation description    

Consisting of $235,000 with respect to stock options issued to employees and directors and $37,000 for a consultant

Aggregate intrinsic value of options exercisable   $ 4,881,550 $ 2,188,900
Options exercised   530,000 200,000
Option exercised on cashless basis   $ 470,251 $ 200,000
Net shares issued   132,080 120,349
Stock option excercised, exercise price per share     $ 0.90
Unrecognized restricted stock unit compensation expense   $ 0 $ 12,000
Restricted Stock Units (RSUs) [Member]      
Restricted stock unit compensation expense   497,000 $ 0
Unrecognized restricted stock unit compensation expense   $ 1,656,000  
Weighted average amortized period   2 years 10 months 10 days  
RSUs granted to each non-management director   15,000  
RSUs issued to each non-management directors vested on the date of grant   7,500  
RSUs issued to each non-management director vested on September 9, 2016   3,750  
RSUs issued to each non-management director vested on December 9, 2016   3,750  
RSUs granted to Chief Financial Officer   50,000  
RSUs granted to Executive Vice-President   50,000  
RSUs granted to Consultant   40,000  
RSUs vesting description  

Each such RSUs vests 50% on the one year anniversary of grant (June 9, 2017) and 50% on the two year anniversary of grant (June 9, 2018).

 
Minimum [Member]      
Exercise Price   $ 1.21  
Maximum [Member]      
Exercise Price   1.60  
LLC [Member]      
Exercise Price $ 2.10 $ 1.40  
Warrants outstanding   375,000  
Warrants exercised 375,000 375,000  
Proceeds from Issuance of Warrants $ 787,500 $ 525,000  
Consultant [Member]      
Options exercised   90,000 50,000
Option exercised in lieu of stock option   17,273 30,349
Net shares issued   17,273  
Stock option excercised, exercise price per share     $ 0.90
Executive Vice President [Member]      
Options exercised   240,000 150,000
Option exercised in lieu of stock option   23,944 90,000
Stock option excercised, exercise price per share     $ 0.90
Former Director [Member]      
Options exercised   25,000  
Director [Member]      
Options exercised   75,000  
Option exercised in lieu of stock option   47,283  
Chief Financial Officer [Member]      
Options exercised   100,000  
Option exercised in lieu of stock option   43,580  
2013 Stock Incentive Plan [Member]      
Common stock to be available for distribution   2,600,000  
Common stock available for issuance   1,325,000  
2013 Stock Incentive Plan [Member] | Restricted Stock Units (RSUs) [Member]      
RSUs granted to chairman and chief executive officer   750,000  
Closing price   $ 4.25  
2013 Stock Incentive Plan [Member] | Restricted Stock Units (RSUs) [Member] | Transaction 1 [Member]      
RSUs granted to chairman and chief executive officer   250,000  
Closing price   $ 3.25  
2013 Stock Incentive Plan [Member] | Restricted Stock Units (RSUs) [Member] | Transaction 2 [Member]      
RSUs granted to chairman and chief executive officer   250,000  
Closing price   $ 3.25  
2013 Stock Incentive Plan [Member] | Restricted Stock Units (RSUs) [Member] | Transaction 3 [Member]      
RSUs granted to chairman and chief executive officer   250,000  
2013 Stock Incentive Plan [Member] | Stock Option [Member]      
Stock options to purchase shares   385,000  
2013 Stock Incentive Plan [Member] | Stock Option One [Member]      
Stock options to purchase shares   1,925,000