ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2016

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES {1}

Property and Equipment

Property and equipment are stated at cost. Depreciation and amortization are computed using the straight-line method over the estimated economic useful lives of the related assets as follows:

Computer equipment	3 - 7 years
Computer software	3 - 7 years
Machinery and equipment	3 - 7 years
Furniture and fixtures	3 - 7 years

Net Income (Loss) Per Common Share

Basic weighted average shares outstanding is reconciled to diluted weighted shares outstanding as follows:

	December 31, 2016	December 31, 2015
Basic weighted average shares outstanding	48,132,664	46,580,622
Dilutive Warrants	209,366	135,545
Diluted weighted average shares outstanding	48,342,030	46,716,167