CHANGE IN ACCOUNTING PRINCIPLE (Tables)

6 Months Ended

Jun. 30, 2018

Statement of Operations [Member]

CHANGE IN ACCOUNTING PRINCIPLE (Tables) [Line Items]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]

The changes to our consolidated statement of operations are as follows:

		Previously Reported		Currently Reported		Effect of Change
Amortization of debt discount	$	154,500	$	191,713	$	37,213
Gain on derivative warrant liability		(3,027,000)		–		3,027,000
Total other (income) expense, net		(2,791,714)		272,499		3,064,213
Net income (loss)		1,466,509		(1,597,704)		(3,064,213)
Net income (loss) per share	$	0.07	$	(0.08)	$	(0.15)

		Previously Reported		Currently Reported		Effect of Change
Amortization of debt discount	$	849,532	$	556,646	$	(292,886)
Gain on derivative warrant liability		(8,159,000)		–		8,159,000
Total other (income) expense, net		(7,150,651)		715,463		7,866,114
Net income (loss)		3,638,324		(4,227,790)		(7,866,114)
Net income (loss) per share	$	0.19	$	(0.22)	$	(0.41)

Statement of Cash Flows [Member]

CHANGE IN ACCOUNTING PRINCIPLE (Tables) [Line Items]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]

The changes to our consolidated statement of cash flows for the six months ended June 30, 2017, are as follows:

		Previously Reported		Currently Reported		Effect of Change
Net income (loss)	$	3,638,324	$	(4,227,790)	$	(7,866,114)
Amortization of debt discount		849,532		556,646		(292,886)
Gain on derivative warrant liability		(8,159,000)		–		8,159,000
Net cash used in operating activities		(1,640,725)		(1,640,725)		–
Non-Cash Transactions
Portion of Warrant derivative liability recorded as additional paid-in capital upon exercise of warrants		7,301,000		–		(7,301,000)