STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2015

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 $174,000 and $53,000 for options to purchase 1,210,000 and 223,000 shares of our common stock issued during 2015 and 2014, respectively.

	2015			2014
Risk free interest rate		1.6	%		1.7	%
Volatility		100	%		100	%
Expected term from vesting		4.4 Years			4.2 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, 2015 and 2014 is as follows:

	2015				2014
									Weighted
			Weighted				Weighted		average
			average				average		remaining
	Number of		exercise		Number of		exercise		contractual term
	Options		price		Options		price		(years)
Options outstanding at the beginning of the year:		3,022,706	$	1.06		3,225,806	$	1.52
Granted		1,210,000	$	0.22		223,000	$	0.27
Exercised		-	$	-		-	$	-
Expired / Forfeited		(70,000)	$	1.31		(426,100)	$	4.17
Outstanding at end of year		4,162,706	$	0.81		3,022,706	$	1.06		5.41
Options exercisable at year-end		4,031,039	$	0.83		3,015,374	$	1.06		5.28
Options vested and expected to vest at year end		4,075,808	$	0.82		3,017,685	$	1.06		5.29