WEIGHTED AVERAGE COMMON SHARES (Tables)

3 Months Ended

Mar. 31, 2017

WEIGHTED AVERAGE COMMON SHARES [Abstract]

Weighted average numbers of common shares used to compute basic and diluted loss per share

The weighted average number of common shares used to compute basic and diluted loss per share for the three months ended March 31, 2017 and 2016 was as follows:

	Three Months Ended March 31,
	2017		2016
Basic shares outstanding		23,609,308		23,351,192
Dilutive effect of stock options		-		-
Diluted shares outstanding		23,609,308		23,351,192