NET LOSS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2015

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

The following table sets forth the number of potential common shares excluded from the calculation of net loss per diluted share for the three and six months ended June 30, 2015 and 2014 because the effect of them would be anti-dilutive since the Company recorded net losses for both periods:

	Three Months Ended		Six Months Ended
	June 30,		June 30,
	2015	2014	2015	2014
Options to purchase common stock	4,312,409	3,610,152	4,312,409	3,610,152
Warrants to purchase common stock	9,644,423	6,033,426	9,644,423	6,033,426
	13,956,832	9,643,578	13,956,832	9,643,578