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COMMITMENTS (Details)
0 Months Ended 1 Months Ended 6 Months Ended 1 Months Ended
May 01, 2014
Employment contract
USD ($)
May 01, 2014
Employment contract
Maximum
Dec. 20, 2013
Employment contract
CEO
Nov. 30, 2013
Employment contract
CEO
USD ($)
Jun. 30, 2014
Employment contract
CEO
USD ($)
Dec. 20, 2013
Employment contract
CEO
USD ($)
Nov. 30, 2013
Employment contract
CEO
Maximum
Feb. 11, 2014
Agreement with Quotient Ltd
USD ($)
Feb. 11, 2014
Agreement with Quotient Ltd
EUR (€)
Commitments                  
Base salary $ 655,000     $ 425,000          
Percentage of bonus on base salary   50.00%         50.00%    
Special bonus 175,000     250,000          
Percentage of outstanding common stock for which option is granted     5.00%            
Number of shares for which option to purchase is granted     540,722   498,621        
Share fair value (in dollars per share)           $ 9.49      
Vesting period 4 years   4 years            
Exercise price of options granted (in dollars per share)         $ 6.00        
Percentage of fully diluted outstanding common stock for which option is granted 2.20%   5.00%            
Total cost of the project               $ 2,200,000 € 1,600,000