PROPERTY AND EQUIPMENT, NET (Tables)

9 Months Ended

Sep. 30, 2014

PROPERTY AND EQUIPMENT, NET [Abstract]

Property and equipment, net

At September 30, 2014 and December 31, 2013,  property and equipment, net consists of the following:

	9/30/2014			12/31/2013
Production, engineering and other equipment	$	6,422,110		$	6,422,110
Leasehold improvements		2,904,188			2,904,188
Office equipment and furniture		603,182			603,182
Computer equipment and related software		140,238			140,238
	$	10,069,718		$	10,069,718
Accumulated depreciation	$	(8,764,880	)	$	(8,269,412	)
Property and equipment, net	$	1,304,838		$	1,800,306