STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2016

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 $35,000 and $174,000 for options to purchase 280,000 and 1,210,000 shares of our common stock issued during 2016 and 2015, respectively.

	2016			2015
Risk free interest rate		1.5	%		1.6	%
Volatility		100	%		100	%
Expected term		4.5 Years			4.4 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, 2016 and 2015 is as follows:

	2016				2015
									Weighted
			Weighted				Weighted		average
			average				average		remaining
	Number of		exercise		Number of		exercise		contractual
	Options		price		Options		price		term (years)
Options outstanding at the beginning of the year:		4,162,706	$	0.81		3,022,706	$	1.06
Granted		280,000	$	0.86		1,210,000	$	0.22
Exercised		-				-
Expired/Forfeited		(831,000)	$	2.47		(70,000)	$	1.31
Outstanding at end of year		3,611,706	$	0.37		4,162,706	$	0.81		5.58
Options exercisable at year-end		3,611,706	$	0.37		4,031,039	$	0.83		5.58
Options vested and expected to vest at year end		3,611,706	$	0.37		4,075,808	$	0.82		5.52