ACCRUED LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2015

Payables and Accruals [Abstract]

Schedule Of Accrued Liabilities

Accrued liabilities as of December 31, 2015 and 2014 consist of the following:

	2015		2014
Accrued research and development expenses	$	902,723	$	744,240
Accrued compensation and related benefits		197,457		407,497
Accrued severance		-		250,605
Accrued interest on convertible notes		24,510		-
Accrued other expenses		-		7,951
	$	1,124,690	$	1,410,293