4. PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property and Equipment

Description	Life	2014			2013
Computer equipment	3 years	$	168,209		$	121,921
Office furniture and equipment	5-7 years		247,679			245,297
Software	3 years		116,022			121,378
Laboratory equipment	7 years		1,100,559			1,270,858
Leasehold improvements	10 years		675,672			665,158
Manufacturing equipment	7 years		889,352			588,889
Subtotal			3,197,493			3,013,501
Less: accumulated depreciation			(2,099,389	)		(1,718,477	)
Property and equipment, net		$	1,098,104		$	1,295,024