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PROPERTY AND EQUIPMENT (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Property, Plant and Equipment [Abstract]    
Schedule of Property and Equipment

Property and equipment consists of the following:

 

   

March 31,

2016

   

December 31,

2015

 
             
Office equipment   $ 52,488     $ 51,323  
Lab equipment     742,224       722,555  
Furniture     26,028       26,028  
Leasehold Improvements     231,859       231,859  
      1,052,599       1,031,765  
Less: Accumulated depreciation     582,161       536,703  
                 
    $ 470,438     $ 495,062  

Property and equipment consists of the following:

 

                 
    December 31,  
    2015     2014  
             
Office equipment   $ 51,323     $ 51,322  
Lab equipment     722,555       544,858  
Furniture     26,028       18,782  
Leasehold improvements     231,859       136,900  
      1,031,765       751,862  
Less: Accumulated depreciation     536,703       376,635  
                 
    $ 495,062     $ 375,227