Quarterly report pursuant to Section 13 or 15(d)

STOCK BASED COMPENSATION (Details Narrative)

v3.5.0.2
STOCK BASED COMPENSATION (Details Narrative) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Stock-based compensation related to stock option grants $ 0 $ 69,000 $ 12,000 $ 243,000
Aggregate intrinsic value of options exercisable 3,482,000   $ 3,482,000  
Aggregate stock options issued to each non- management director     0 35,000
Delivery of shares of common stock by cashless basis     249,820  
Delivery of shares to fund withholding taxes     22,655  
Stock option excercised, exercise price per share       $ 2.34
Unrecognized restricted stock unit compensation expense 0   $ 0  
Restricted Stock Units (RSUs) [Member]        
Restricted stock unit compensation expense 189,000 $ 0 221,000 $ 0
Unrecognized restricted stock unit compensation expense $ 1,932,000   $ 1,932,000  
Weighted average amortized period     2 years 9 months 18 days  
RSUs granted to each non-management director 15,000   15,000  
RSUs issued to each non-management directors vested on the date of grant 7,500   7,500  
RSUs issued to each non-management director vested on September 9, 2016 3,750   3,750  
RSUs issued to each non-management director vested on December 9, 2016 3,750   3,750  
RSUs granted to Chief Financial Officer 50,000   50,000  
RSUs granted to Executive Vice-President 50,000   50,000  
RSUs granted to Consultant 40,000   40,000  
RSUs vested on June 9, 2017 50.00%      
RSUs vested on June 9, 2018 50.00%      
2013 Stock Incentive Plan [Member] | Restricted Stock Units (RSUs) [Member]        
RSUs granted to chairman and chief executive officer 750,000   750,000  
Chief Financial Officer [Member]        
Stock option excercised at $ 1.59 exercise price     100,000  
Delivery of shares of common stock by cashless basis     50,857  
Delivery of shares to fund withholding taxes     5,563  
Delivery of cash for option excercise     $ 60,000  
Net shares issued     43,580  
Executive Vice President [Member]        
Stock option excercised at $ 1.60 exercise price     240,000  
Delivery of shares of common stock by cashless basis     198,963  
Delivery of shares to fund withholding taxes     17,092  
Net shares issued     23,945  
Executive Vice President [Member]        
Stock option excercised at $0.90       150,000
Delivery of shares of common stock by cashless basis       60,000
Net shares issued       90,000
Consultant [Member]        
Stock option excercised at $1.60     90,000  
Delivery of shares of common stock by cashless basis     72,727  
Net shares issued     17,273  
Consultant [Member]        
Stock option excercised at $0.90       50,000
Delivery of shares of common stock by cashless basis       19,651
Net shares issued       30,349