STOCKHOLDERS' EQUITY (Tables)

9 Months Ended

Sep. 30, 2018

Stockholders' Equity Attributable to Parent [Abstract]

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

As of September 30, 2018 and December 31, 2017, the Company had outstanding options to purchase 1,025,247 and 1,003,836 shares of common stock, respectively.

										Intrinsic
						Wtd Avg.				Value
	Number of			Wtd Avg.		Remaining				of
	Options			Exercise Price		Term		Exercisable		Options
Outstanding at December 31, 2017		1,003,836		$	4.69		2.64		891,087	$	1,356,188
Granted		73,440			6.32		5.00				-
Exercised		(8,667	)		3.88
Forfeited/Expired		(43,362	)		9.69
Outstanding at September 30, 2018		1,025,247		$	4.60		2.35		933,304	$	5,257,173

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

Below is a table summarizing the Company’s outstanding warrants as of September 30, 2018 and December 31, 2017:

								Intrinsic
						Wtd Avg.		Value
	Number of			Wtd Avg.		Remaining		of
	Warrants			Exercise Price		Term		Warrants
Outstanding at December 31, 2017		1,919,906		$	4.98		2.61	$	1,656,083
Granted		253,244		$	5.66
Exercised		(127,525	)	$	6.25
Forfeited/Expired		(164,584	)		7.13
Outstanding at September 30, 2018		1,881,041		$	4.66		2.23	$	9,391,094

Nonvested Restricted Stock Shares Activity [Table Text Block]

The following table summarizes the restricted stock unit activity for the nine months ended September 30, 2018:

Restricted stock units issued as of January 1, 2018	156,340
Granted	38,334
Total Restricted stock units issued at September 30, 2018	194,674
Vested at September 30, 2018	156,408
Unvested restricted stock units as of September 30, 2018	38,266