PROPERTY AND EQUIPMENT, NET (Tables)

6 Months Ended

Jun. 30, 2015

PROPERTY AND EQUIPMENT, NET [Abstract]

Property and equipment, net

At June 30, 2015 and December 31, 2014,  property and equipment, net consists of the following:

	6/30/2015			12/31/2014
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	$	(8,985,107	)	$	(8,861,743	)
Property and equipment, net	$	1,084,611		$	1,207,975