Quarterly report pursuant to Section 13 or 15(d)

STOCK BASED COMPENSATION (Details Narrative)

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STOCK BASED COMPENSATION (Details Narrative) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Issuance of stock options to each of the three non-management director to purchase common stock     35,000  
Issuance of stock options to each of the three non-management directors to purchase common stock, exercise price per share     $ 2.34  
Stock-based compensation $ 74,000 $ 135,000 $ 174,000 $ 162,000
Unrecognized stock-based compensation cost 99,000   99,000  
Aggregate intrinsic value of options exercisable $ 1,167,985   $ 1,167,985  
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
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