STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2014

Stockholders' Equity Note [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

We used the Black-Scholes model with the following assumptions to determine the total fair value of $53,000 and $34,000 for options to purchase 223,000 and 255,000 shares of our common stock issued during 2014 and 2013, respectively.

	2014	2013
Risk free interest rate	1.7%	0.7%
Volatility	100%	77%
Expected term from vesting	4.2 Years	4.6 Years
Dividend yield	0%	0%

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

A summary of option activity under our stock option plans for the years ended December 31, 2014 and 2013 is as follows:

	2014						2013
					Weighted
			Weighted		average				Weighted
			average		remaining				average
	Number of		exercise		contractual term		Number of		exercise
	Options		price		(years)		Options		price
Options outstanding
at the beginning of the year:		3,225,806	$	1.52				3,218,264	$	1.71
Granted		223,000	$	0.27				255,000	$	0.22
Exercised		-	$	-				-	$	-
Expired / Forfeited		(426,100)	$	4.17				(247,458)	$	2.65
Outstanding at end of year		3,022,706	$	1.06		4.96		3,225,806	$	1.52
Options exercisable at year-end		3,015,374	$	1.06		4.77		3,115,384	$	1.57
Options vested and expected
to vest at year end		3,017,685	$	1.06		4.83		3,150,504	$	1.55