Annual report pursuant to Section 13 and 15(d)

STOCKHOLDERS' EQUITY (Details 1)

v3.3.1.900
STOCKHOLDERS' EQUITY (Details 1) - $ / shares
3 Months Ended 12 Months Ended
Oct. 14, 2015
Sep. 16, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Number of Options          
Granted   80,000      
Exercised     29,230    
Weighted Average Exercise Price          
Granted $ 1.86        
Common Stock Option          
Number of Options          
Options outstanding, beginning       3,017,690  
Granted       880,000  
Forfeited       480,455  
Exercised       33,968  
Options outstanding, ending     3,017,690 3,383,267 3,017,690
Options Exercisable       1,925,963  
Options expected to vest       1,457,304  
Weighted Average Exercise Price          
Weighted average exercise price, beginning balance       $ 4.64  
Granted       3.81  
Forfeited       5.56  
Exercised       3.24  
Weighted average exercise price, ending balance     $ 4.64 4.25 $ 4.64
Weighted average fair value of options granted during the period       $ 1.48  
Weighted Average Remaining Life          
Weighted Average Remaining Life, beginning         7 years 9 months 7 days
Weighted Average Remaining Life, ending       7 years 1 month 10 days