INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2014

INTANGIBLE ASSETS [Abstract]

Schedule of intangible assets

Intangible assets consist of the following:

	December 31,						Weighted Average Amortization Period
	2014			2013			(in Years)
Patents	$	912,862		$	858,397			1.4
Trademarks		50,208			51,356			3.0
License rights		6,718			6,718			0.0
Total		969,788			916,471
Less accumulated amortization		(752,841	)		(590,604	)
Intangible assets, net	$	216,947		$	325,867