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COMMITMENTS, CONTINGENCIES, AND CONCENTRATIONS (Tables)
3 Months Ended
Mar. 31, 2014
COMMITMENTS, CONTINGENCIES, AND CONCENTRATIONS  
Customer and purchase concentration risks
The following table discloses product sales the Company had to each customer that purchased in excess of 10% of the Company's net product sales for the periods indicated:

 
 
For the three months ended
  
Accounts Receivable as of
 
 
March 31, 2014
  
March 31, 2013
  
March 31, 2014
 
March 31, 2013
 
 
Sales
 
% of Sales
  
Sales
 
% of Sales
  
 
Customer 1
 
$
2,702,972
 
55
%
 
$
2,589,954
 
41
%
 
$
682,724
 
$
1,160,188
Customer 2
  
1,001,370
 
20
%
  
*
 
*
   
519,300
  
-
Customer 3
  
*
 
*
   
1,218,875
 
19
%
  
*
  
1,154,160
Customer 4
  
*
 
*
   
1,189,137
 
19
%
  
*
  
1,189,147
(*) Product sales did not exceed 10 % for the period indicated.

The following table discloses purchases the Company made from each vendor that sold to the Company in excess of 10% of the Company's total purchases for the periods indicated:

 
 
For the three months ended
  
Accounts Payable as of
 
 
March 31, 2014
  
March 31, 2013
  
March 31, 2014
 
March 31, 2013
 
 
Purchases
 
% of Purc.
  
Purchases
 
% of Purc.
  
 
Vendor 1
 
$
280,686
 
17
  
$
-
 
*
  
$
145,950
 
$
142,626
Vendor 2
  
234,894
 
14
   
*
 
*
   
*
  
*
(*) Purchases did not exceed 10% for the period indicated