NET LOSS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

		Three months ended March 31,
		2017		2016
Net income (loss)	$	2,171,815	$	(1,188,232)
Gain on derivative warrant liability		(5,132,000)		–
	$	(2,960,185)	$	(1,188,232)
Weighted average outstanding shares of common stock		18,895,657		14,930,256
Warrants – Debt		5,979,496		–
Stock options		4,821,906		–
Other warrants		128,500		–
Common stock and equivalents		29,825,559		14,930,256
Net income (loss) per share
Basic	$	0.11	$	(0.08)
Diluted		(0.10)		(0.08)