Annual report pursuant to Section 13 and 15(d)

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2017
Accounting Policies [Abstract]  
Schedule of Cash and Restricted Cash
   

2017

    

2016

  
Cash   $ 2,012,965     $ 781,857  
Restricted cash     778,579       275,611  
Total cash and restricted cash shown in the statement of cash flows   $ 2,791,544     $ 1,057,468  
Schedule of property and equipment
    Useful Lives   2017     2016  
Office furniture and equipment   3 years   $ 537,607     $ 340,472  
Tenant improvements   14 to 39 months     1,545,885       70,592  
Laboratory and other equipment   5 years     398,997       321,071  
          2,482,489       732,135  
Less: accumulated depreciation         (399,056 )     (489,433 )
        $ 2,083,433     $ 242,702