SHARE BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule Of Share Based Compensation Included Operating Expense [Table Text Block]

Stock-based compensation is included in operating expenses for the periods as follows:

 

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2013		2012		2013		2012
Compensation cost recognized:
Stock options	$	5,275	$	18,058	$	10,059	$	41,276
Stock issued		12,600		-		12,600		-
	$	17,875	$	18,058	$	22,659	$	41,276

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

Stock option activity under the 1998, 1999, 2001, 2003 and 2006 Stock Option Plans during the periods indicated below were as follows:

	Number of  Shares  Subject to Issuance		Weighted- average Exercise Price		Weighted- average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding at December 31, 2012		746,635	$	2.06		1.66 years	$	32,217
Granted		135,000	$	0.39
Forfeited or expired		89,230	$	1.76
Exercised		153,200	$	0.46
Outstanding at June 30, 2013		639,205	$	2.13		1.27 years	$	0
Exercisable at June 30, 2013		486,955	$	2.63		0.45 years	$	0

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The fair value of share-based payment units was estimated using the Black-Scholes option pricing model with the following assumptions and weighted average fair values as follows:

	Six Months Ended
	June 30,
	2013			2012
Weighted average fair value of grants	$	0.29		$	0
Valuation assumptions:
Expected dividend yield		0			0
Expected volatility		100.4	%		0
Expected life (in years)		5.00			0
Risk-free interest rate		0.77	%		0