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DEFERRED RESEARCH AND DEVELOPMENT REVENUE
12 Months Ended
Dec. 31, 2017
DEFERRED RESEARCH AND DEVELOPMENT REVENUE [Abstract]  
DEFERRED RESEARCH AND DEVELOPMENT REVENUE
 
 
NOTE 7 — 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.  These projects are invoiced after expenses are incurred. Any projects or grants funded in advance are deferred until earned. As of December 31, 2017 and 2016, there were $50,000 and $392,517 unearned advanced revenues, respectively.