SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2016

Accounting Policies [Abstract]

Credit and Concentration Risks

There were four customers that represented 58.4% and two customers that represented 41.3% of total sales for the three months ended March 31, 2016 and 2015, respectively. This is set forth in the table below.

Customer		Percentage of Sales
		2016		2015
		(Unaudited)		(Unaudited)
	1		23.2		23.2
	2		12.7		*
	3		11.9		18.1
	4		10.6		*

* Customer was less than 10% of sales for the three months ended March 31, 2015.

Customers 1 and 3 are owned by the same corporate entity.

There were three customers that represented 40.1% of gross accounts receivable and four customers that represented 61.1% of gross accounts receivable at March 31, 2016 and December 31, 2015, respectively. This is set forth in the table below.

Customer		Percentage of Receivables
		March		December
		2016		2015
		(Unaudited)
	1		17.4		26.6
	2		12.1		13.6
	3		10.6		10.5
	4		*		10.4

* Customer was less than 10% of Gross Accounts Receivable at March 31, 2016

Customers 1 and 3 are owned by the same corporate entity.

Earnings per share

The following is a reconciliation of the denominators of basic and diluted earnings per share computations:

	Three Months Ended
	March 31,
	2016		2015
	(Unaudited)		(Unaudited)
Weighted average shares outstanding used to compute basic earnings per share		7,584,765		7,236,442
Effect of dilutive stock options and warrants		-		285,078
Weighted average shares outstanding and dilutive securities used to compute dilutive earnings per share		7,584,765		7,521,520

The following table sets forth options and warrants which were excluded from the diluted per share calculation because the exercise price was greater than the average market price of the common shares:

	Three Months Ended
	March 31,		March 31,
	2016		2015
	(Unaudited)		(Unaudited)
Stock Options		252,000		156,891
Warrants		56,800		46,800
		308,800		203,691

The following table sets forth options and warrants which were excluded from the diluted per share calculation for the three months ended March 31, 2016 even though the exercise price was less than the average market price of the common shares and unvested restricted stock because the effect of including these potential shares was anti-dilutive due to the net loss incurred during that period:

Stock Options	312,342
Warrants	107,785
Unvested  Restricted Stock	27,000
	447,127