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STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Schedule of Share-Based Compensation Activity
Number of
Options Outstanding and Exercisable
 
Number of RSUs
Outstanding
 
 
 
 
 
 
 
Outstanding 2013 & 2014 Plans – December 31, 2016
 
1,607,347

 
Non vested - December 31, 2016
 
185,260

Options granted
 
155,000

 
Shares granted
 
200,000

Options exercised
 

 
Shares vested
 
(36,488
)
Options forfeited
 

 
Shares forfeited
 

Options expired
 

 
Shares expired
 

Outstanding – March 31, 2017
 
1,762,347

 
Non Vested & Outstanding - March 31, 2017
 
348,772

Exercisable – March 31, 2017
 
1,266,097

 
 
 
 
Schedule of Weighted-Average Black-Scholes Option Pricing Model Assumptions
The assumptions used in the Black-Scholes option-pricing model and the weighted-average grant date fair value of the option awards for the periods presented were as follows:

 
Three Months Ended March 31,
 
2017
 
2016
Volatility
140.22%
 
152%
Expected term (in years)
6
 
6
Risk-free rate
1.90%
 
1.22%
Expected dividend yield
—%
 
—%
Weighted-average grant date fair value per option
$1.45
 
$0.96