ACCOUNTS PAYABLE AND ACCRUED EXPENSES

12 Months Ended

Dec. 31, 2013

ACCOUNTS PAYABLE AND ACCRUED EXPENSES [Abstract]

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

NOTE 4 – ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consist of the following as of December 31, 2013 and 2012:

	2013		2012
	(in thousands)
Trade accounts payable	$	324	$	141
Sales taxes payable		539		539
Accrued directors’ fees		377		261
Other accrued expenses		162		224
Total Accounts Payable and Accrued Expenses	$	1,402	$	1,165