SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2012

Accounting Policies [Abstract]

Schedule of Cash, Cash Equivalents and Short-term Investments [Table Text Block]

Cash, cash equivalents and short-term investments consist of the following:

	As of December 31,				Increase
	2012		2011		(Decrease)
Cash and cash equivalents	$	2,673,719	$	781,516	$	1,892,203
Short-term investments		2,240,000		4,178,000		(1,938,000	)
Total	$	4,913,719	$	4,959,516	($	45,797	)

Schedule of Inventory, Current [Table Text Block]

Inventory includes raw materials, work-in-process and finished goods and is recorded at the lower of cost, on the first-in, first-out method, or market (net realizable value). Work-in-process and finished goods inventories include materials, labor and manufacturing overhead. Inventory consists of the following:

	As of December 31,				(Decrease)
	2012		2011		Increase
Raw materials	$	198,441	$	218,104	($	19,663	)
Work-in-process		986,243		1,000,037		(13,794	)
Finished goods		464,318		448,324		15,994
Inventory	$	1,649,002	$	1,666,465	($	17,463	)

Schedule of Weighted Average Number of Shares [Table Text Block]

	Year Ended December 31,
	2012			2011		2010
Weighted average number of shares outstanding during the period		3,018,296			2,984,749		2,970,833
Dilutive stock options		172,750			—		—
Shares that could have been repurchased with the proceeds from the dilutive stock options		(82,627	)		—		—
Diluted number of shares outstanding during the period		3,108,419			2,984,749		2,970,833
Outstanding stock options not included in the calculation because the effect would be anti-dilutive		43,000			236,000		273,500