Quarterly report pursuant to Section 13 or 15(d)

10. STOCK-BASED COMPENSATION (Details Narrative)

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10. STOCK-BASED COMPENSATION (Details Narrative) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Shares unissued and reserved for issuance 4,080,015   4,080,015  
Stock based compensation expense     $ 817,708 $ 2,344,286
Unrecognized compensation cost $ 2,672,101   $ 2,672,101  
Unrecognized weighted average period     1 year 11 months 16 days  
Selling, General and Administrative Expenses [Member]        
Stock based compensation expense 670,682 $ 857,846 $ 1,250,833 2,601,173
Research and Development Expense [Member]        
Stock based compensation expense 0 8,846 0 21,513
Options [Member]        
Stock based compensation expense 412,557 557,792 817,708 1,723,786
Common Stock [Member]        
Stock based compensation expense $ 258,125 $ 308,900 $ 433,125 $ 898,900