INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Schedule of income taxes

	Year ended December 31,
	2015			2014
United States	$	(35,853,893	)	$	(904,687	)
Outside United States		(825,276	)		-
Income (loss) before provision for income taxes, net	$	(36,679,169	)	$	(904,687	)

Schedule of components of deferred tax assets and liabilities

The Components of deferred tax assets and liabilities are as follows:

	Year ended December 31,
	2015			2014
Deferred tax assets:
Net operating loss carry-forward	$	1,086,609		$	811,455
Depreciation and amortization		-			3,018
Stock options		2,378,259			-
Total deferred tax assets		3,464,868			814,473
Less: Valuation allowance		(2,621,446	)		(814,473	)
Net deferred tax assets		843,422			-
Deferred tax liabilities:
Depreciation and amortization		(9,034	)		-
Debt issuance costs		(165,704	)		-
Note discount		(668,684	)		-
Total deferred tax liabilities		(843,422	)		-
Total deferred tax asset/liabilities, net	$	-		$	-

Schedule of reconciliation from the U.S. Federal statutory income rate

The table below shows reconciliation from the U.S. Federal statutory income rate of 34.0% to the effective income tax rate:

	Year ended December 31,
	2015			2014
Federal statutory rate		34.00	%		34.00	%
State tax rate		3.63	%		1.00	%
Permanent difference		-30.32	%		0.00	%
Change in valuation allowance		-7.31	%		-35.00	%
Total tax (benefit) provision		0.00	%		0.00	%