CHANGE IN ACCOUNTING PRINCIPLE (Tables)

9 Months Ended

Sep. 30, 2018

Statement of Operations [Member]

CHANGE IN ACCOUNTING PRINCIPLE (Tables) [Line Items]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]

The changes to our consolidated statement of operations are as follows:

		Previously Reported		Currently Reported		Effect of Change
Amortization of debt discount	$	284,900	$	193,820	$	(91,080)
Gain on derivative warrant liability		(2,421,000)		–		2,421,000
Total other (income) expense, net		(2,054,537)		275,383		2,329,920
Net income (loss)		586,873		(1,743,047)		(2,329,920)
Net income (loss) per share	$	0.03	$	(0.08)	$	(0.11)

		Previously Reported		Currently Reported		Effect of Change
Amortization of debt discount	$	1,134,432	$	750,466	$	(383,966)
Gain on derivative warrant liability		(10,580,000)		–		10,580,000
Total other (income) expense, net		(9,205,188)		990,846		10,196,034
Net income (loss)		4,225,197		(5,970,837)		(10,196,034)
Net income (loss) per share	$	0.21	$	(0.30)	$	(0.50)

Statement of Cash Flows [Member]

CHANGE IN ACCOUNTING PRINCIPLE (Tables) [Line Items]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]

The changes to our consolidated statement of cash flows for the nine months ended September 30, 2017, are as follows:

		Previously Reported		Currently Reported		Effect of Change
Net income (loss)	$	4,225,197	$	(5,970,837)	$	(10,196,034)
Amortization of debt discount		1,134,432		750,466		(383,966)
Gain on derivative warrant liability		(10,580,000)		–		10,580,000
Net cash used in operating activities		(2,124,013)		(2,124,013)		–
Non-Cash Transactions
Portion of Warrant derivative liability recorded as additional paid-in capital upon exercise of warrants		7,301,000		–		(7,301,000)