WEIGHTED AVERAGE COMMON SHARES (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2017 and 2016 was as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2017		2016		2017		2016
Basic shares outstanding		24,023,540		23,498,904		23,866,485		23,433,015
Dilutive effect of stock options		-		-		-		-
Diluted shares outstanding		24,023,540		23,498,904		23,866,485		23,433,015