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WEIGHTED AVERAGE COMMON SHARES (Tables)
6 Months Ended
Jun. 30, 2018
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, 2018 and 2017 was as follows:

  
Three Months Ended
June 30,
  
Six Months Ended
June 30,
 
  
2018
  
2017
  
2018
  
2017
 
Basic shares outstanding
  
24,485,500
   
23,962,055
   
24,312,500
   
23,786,656
 
Dilutive effect of stock options
  
-
   
-
   
-
   
-
 
Diluted shares outstanding
  
24,485,500
   
23,962,055
   
24,312,500
   
23,786,656