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STOCK OPTIONS (Tables)
6 Months Ended
Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of the activities for stock options
 
   
Options Outstanding
 
               
Weighted -
       
               
Average
       
               
Remaining
   
Aggregate
 
         
Weighted-
   
Contractual
   
Intrinsic
 
   
Number of
   
Average
   
Term
   
Value
 
   
Shares
   
Exercise Price
   
(in years)
   
(in 000's) (1)
 
Balance December 31, 2015
   
2,157,353
   
$
1.80
     
5.0
       
                               
Expired/Cancelled
   
(431,250
)
 
$
0.58
               
Granted
   
300,000
   
$
0.55
     
5.0
       
                               
Balance June 30, 2016
   
2,026,103
   
$
1.80
     
4.6
   
$
-
 
                                 
Exercisable at June 30, 2016
   
1,126,102
   
$
1.92
     
5.0
   
$
-
 
                                 
Exercisable at June 30, 2016 and expected to
                               
  vest thereafter
   
2,026,103
   
$
1.80
     
4.5
   
$
-
 

 (1) 
The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying awards and the closing stock price of $0.09 for our Common Stock on June 30, 2016.
Summary of the activities for warrants
 
   
Warrants Outstanding
 
               
Weighted -
       
               
Average
       
               
Remaining
   
Aggregate
 
         
Weighted-
   
Contractual
   
Intrinsic
 
   
Number of
   
Average
   
Term
   
Value
 
   
Shares
   
Exercise Price
   
in years)
   
(in 000's) (1)
 
Balance December 31, 2015
   
1,414,893
   
$
9.67
     
4.8
       
                               
Expired
   
(2,941
)
 
$
0.85
               
Granted
   
3,187,500
   
$
0.39
               
                               
Balance June 30, 2016
   
4,599,452
   
$
3.24
     
3.2
   
$
8
 
                                 
Exercisable at June 30, 2016
   
4,599,452
   
$
3.24
     
3.2
   
$
8
 
 
(1) 
The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying warrants and the closing stock price of $0.09 for our Common Stock on June 30, 2016.