BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2013

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Reconciliation of allowance for doubtful accounts

The following is a reconciliation of the allowance for doubtful accounts:

	Year Ended December 31,
	2013			2012
Balance, beginning of period	$	549,000		$	380,000
Additions charged to operations		3,690			245,582
Write-offs, net of recoveries		(30,690	)		(76,582	)
Balance, end of period	$	522,000		$	549,000

Schedule of estimated useful life of property, plant and equipment

Property and Equipment - Property and equipment are stated at cost and are depreciated over their estimated useful lives using the straight-line method as follows:

Machinery and equipment	5 to 12 years
Computer hardware	3 to 5 years
Computer software	3 years
Furniture and fixtures	5 to 10 years
Leasehold improvements	Shorter of the estimated useful life or the lease term

Reconciliation of basic and fully diluted earnings per share

The following table reconciles the differences between the basic and diluted net (loss) income per share presentations:

	Year Ended December 31,
	2013			2012
Numerator:
Net (loss) income	$	(1,291,098	)	$	4,377,654
Denominator:
Weighted average common shares outstanding:
Basic		19,904,170			19,581,670
Stock options		-			385,601
Diluted		19,904,170			19,967,271
Net (loss) income per common share:
Basic	$	(0.06	)	$	0.22
Diluted	$	(0.06	)	$	0.22