SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Goodwill, Other Intangible Assets, Stock-based Compensation, Reclassification (Details) - USD ($) |
12 Months Ended | |
|---|---|---|
Dec. 31, 2015 |
Dec. 31, 2014 |
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| Intangible Assets | ||
| Impairment of patent | $ 5,793,409 | |
| Goodwill | ||
| Impairment of Goodwill | $ 2,144,488 | |
| Stock-based Compensation | ||
| Expected forfeiture rate (as a percent) | 10.3975% | |
| Compensation expenses | $ 28,663 | |
| Liquidity and Capital Resources | ||
| Cash and cash equivalents | 2,600,000 | |
| Working capital | $ 12,200,000 | |
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- Definition Represents the expected forfeiture rate. No definition available.
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- References No definition available.
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- Definition N/A No definition available.
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- Definition Represents information pertaining to working capital. No definition available.
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- Definition Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of loss from the write-down of an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition The amount of impairment loss recognized in the period resulting from the write-down of the carrying amount of a finite-lived intangible asset to fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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