2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) |
3 Months Ended | |
|---|---|---|
Mar. 31, 2016 |
Dec. 31, 2015 |
|
| Property and equipment, gross | $ 755,567 | $ 755,567 |
| Less: accumulated depreciation | (364,977) | (315,952) |
| Property and equipment, net | 390,590 | 439,615 |
| Office furniture and equipment [Member] | ||
| Property and equipment, gross | $ 323,265 | 323,265 |
| Useful Lives | 3 years | |
| Tenant Improvements [Member] | ||
| Property and equipment, gross | $ 70,592 | 70,592 |
| Useful Lives | 5 years | |
| Laboratory equipment [Member] | ||
| Property and equipment, gross | $ 361,710 | $ 361,710 |
| Useful Lives | 14 to 39 months |
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- Definition Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Describes the periods of time over which an entity anticipates to receive utility from its property, plant and equipment (that is, the periods of time over which an entity allocates the initial cost of its property, plant and equipment). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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