INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2014

INCOME TAXES

Schedule of reconciliation of income tax expense at the statutory rate to income tax expense at Entity's effective tax rate

	2014			2013			2012
Tax Expense Computed at 34% of Pretax Income	$	(7,251,000	)	$	(16,583,000	)	$	(18,367,000	)
State Income Taxes		—			—			—
Effect of Change in Valuation Allowance		(7,251,000	)		(16,583,000	)		(18,367,000	)
Total Income Tax Expense	$	-0-		$	-0-		$	-0-

Schedule of details of the net deferred tax asset

	December 31,
	2014			2013
Deferred tax assets:
Net Operating Loss Carryforward	$	49,463,000		$	49,426,000
Stock Based Compensation		7,673,000			6,839,000
Deferred Revenue		6,627,000			—
General Business Credit		5,293,000			—
Accrued Expenses		345,000			334,000
Inventories		77,000			65,000
Book over Tax Depreciation		19,000			—
Workers' Compensation Reserve		48,000			60,000
Accounts Receivable		18,000			13,000
Total Deferred Tax Assets		69,563,000			56,737,000
Deferred Tax Liabilities:
Tax over Book Depreciation		—			118,000
Goodwill & Intangible Assets		196,000			225,000
Prepaid Expenses		60,000			122,000
Total Deferred Tax Liabilities		256,000			465,000
Subtotal		69,307,000			56,272,000
Valuation Allowance		(69,307,000	)		(56,272,000	)
Net Deferred Tax Asset	$	-0-		$	-0-