WEIGHTED AVERAGE COMMON SHARES (Tables)

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2017 and 2016 was as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2017		2016		2017		2016
Basic shares outstanding		23,962,055		23,448,224		23,786,656		23,399,708
Dilutive effect of stock options		-		-		-		-
Diluted shares outstanding		23,962,055		23,448,224		23,786,656		23,399,708