COMMITMENTS AND CONTINGENCIES (Tables)

9 Months Ended

Sep. 30, 2017

COMMITMENTS AND CONTINGENCIES [Abstract]

Future Minimum Rental Payments Under the Lease Agreements

The Company has entered into an operating lease for its primary office facility in Princeton, New Jersey, which expires in July 2019. The future minimum rental payments under these lease agreements are as follows:

Year ending December 31,	Amount
2017	$	68,360
2018		189,428
2019		123,083
2020		70,333
2021		7,371
Total	$	458,575