ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)

3 Months Ended

Mar. 31, 2018

ACCOUNTS PAYABLE AND ACCRUED EXPENSES [Abstract]

Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consisted of the following:

	March 31, 2018		December 31, 2017
Trade accounts payable	$	215,639	$	152,542
Accrued legal and other professional fees		194,565		150,691
Accrued payroll and related costs		204,311		215,322
Third party royalties		1,049,013		329,211
Other accruals		117,635		86,232
Total	$	1,781,163	$	933,998