INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2016

INCOME TAXES

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

	2016		2015		2014
Tax Expense (Benefit) Computed at 34 % of Pretax Income (Loss)	$	(6,595,452)	$	(4,903,000)	$	(7,251,000)
Foreign Income Tax Expense		(404,527)		—		—
Effect of Change in Valuation Allowance		(6,595,452)		(4,903,000)		(7,251,000)
Total Income Tax Expense	$	404,527	$	—	$	—

Schedule of details of the net deferred tax asset

	December 31,
	2016		2015
Deferred tax assets:
Net Operating Loss Carryforward	$	51,463,000	$	52,669,000
Stock Based Compensation		7,704,000		4,223,000
Deferred Revenue		6,478,000		5,920,000
General Business Credit		6,146,000		5,741,000
Accrued Expenses		605,000		511,000
Inventories		494,000		163,000
Book over Tax Depreciation		61,000		47,000
Allowance for Doubtful Accounts		2,000		26,000
Total Deferred Tax Assets		72,953,000		69,300,000
Deferred Tax Liabilities:
Goodwill & Intangible Assets		137,000		167,000
Prepaid Expenses		182,000		119,000
Total Deferred Tax Liabilities		319,000		286,000
Subtotal		72,634,000		69,014,000
Valuation Allowance		(72,634,000)		(69,014,000)
Net Deferred Tax Asset	$	—	$	—