INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2015

INCOME TAXES

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

	2015			2014			2013
Tax Expense Computed at 34% of Pretax Income	$	(4,903,000	)	$	(7,251,000	)	$	(16,583,000	)
State Income Taxes		—			—			—
Effect of Change in Valuation Allowance		(4,903,000	)		(7,251,000	)		(16,583,000	)
Total Income Tax Expense	$	-0-		$	-0-		$	-0-

Schedule of details of the net deferred tax asset

	December 31,
	2015			2014
Deferred tax assets:
Net Operating Loss Carryforward	$	52,669,000		$	49,463,000
Stock Based Compensation		4,223,000			7,673,000
Deferred Revenue		5,920,000			6,627,000
General Business Credit		5,741,000			5,293,000
Accrued Expenses		511,000			393,000
Inventories		163,000			77,000
Book over Tax Depreciation		47,000			19,000
Allowance for Doubtful Accounts		26,000			18,000
Total Deferred Tax Assets		69,300,000			69,563,000
Deferred Tax Liabilities:
Goodwill & Intangible Assets		167,000			196,000
Prepaid Expenses		119,000			60,000
Total Deferred Tax Liabilities		286,000			256,000
Subtotal		69,014,000			69,307,000
Valuation Allowance		(69,014,000	)		(69,307,000	)
Net Deferred Tax Asset	$	-0-		$	-0-