DEFERRED RESEARCH AND DEVELOPMENT REVENUE	12 Months Ended
DEFERRED RESEARCH AND DEVELOPMENT REVENUE	Dec. 31, 2016
DEFERRED RESEARCH AND DEVELOPMENT REVENUE [Abstract]
DEFERRED RESEARCH AND DEVELOPMENT REVENUE	NOTE 6 — DEFERRED RESEARCH AND DEVELOPMENT REVENUE: The Company recognizes income from R&D milestones when those milestones are reached and non-milestone contracts and grants when earned. Grants are invoiced after expenses are incurred. Any projects or grants funded in advance are deferred until earned. As of December 31, 2016 and 2015, there were $392,517 and $353,406 unearned advanced revenues, respectively.

The entire disclosure for deferred revenues at the end of the reporting period, and description and amounts of significant changes that occurred during the reporting period. Deferred revenue is a liability as of the balance sheet date related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP.