NET LOSS PER SHARE (RESTATED) (Tables)

9 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Schedule of antidilutive securities

The following table sets forth the number of potential common shares excluded from the calculation of net loss per diluted share for the three months and nine months ended September 30, 2016 and 2015 because the effect of them would be anti-dilutive:

	Three Months Ended   September 30,				Nine Months Ended September 30,
	2016		2015		2016		2015
Options to purchase common stock		-		287,494		414,177		287,494
Warrants to purchase common stock		-		642,962		402,228		642,962
Total		-		930,456		816,405		930,456

Schedule of restatement of Companys financial statements

The following table shows the effect of the restatement on the Company’s financial statements for the three and nine months ended September 30, 2016:

	Three Months Ended September 30, 2016				Nine Months Ended September 30, 2016
	As Previously Reported		Restated		As Previously Reported			Restated
Weighted average common shares outstanding used to compute income (loss) per share, basic and diluted		2,799,082		3,024,393		2,240,869			2,665,904
Income (loss) per common share from continuing operations, basic and diluted	$	0.07	$	0.07	$	(1.72	)	$	(1.44	)