ACCOUNTS PAYABLE AND ACCRUED EXPENSES

12 Months Ended

Dec. 31, 2014

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, 2014 and 2013:

	2014		2013
	(in thousands)
Trade accounts payable	$	355	$	324
Sales taxes payable		539		539
Accrued directors’ fees		453		377
Other accrued expenses		442		162
Total Accounts Payable and Accrued Expenses	$	1,789	$	1,402