DEFINED CONTRIBUTION PLAN

12 Months Ended

Dec. 31, 2014

DEFINED CONTRIBUTION PLAN [Abstract]

DEFINED CONTRIBUTION PLAN

14. DEFINED CONTRIBUTION PLAN

The Company sponsors a 401(k) plan covering substantially all employees. Company contributions vest based on number of years of service. The Company’s policy is to match 25% of the first 6% of the covered employee’s annual salary, as defined by the plan. Contributions to the plan by the Company amounted to $10 and $27 for the years ended December 31, 2014 and 2013, respectively.