Quarterly report pursuant to Section 13 or 15(d)

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 9 Months Ended
Sep. 30, 2017
Accounting Policies [Abstract]  
Schedule of Cash and Restricted Cash
    September 30,
2017		     December 31,
2016		  
             
Cash   $ 1,572,125     $ 781,857  
Restricted cash     750,185       275,611  
Total cash and restricted cash shown in the statement of cash flows   $ 2,322,310     $ 1,057,468  
Schedule of property and equipment
    Useful Lives   September 30,
2017		     December 31,
2016		  
                 
Office furniture and equipment   3 years   $ 346,682     $ 340,472  
Laboratory and other equipment   5 years     321,071       321,071  
Tenant improvements   14 to 39 months     70,792       70,592  
          738,545       732,135  
Less: accumulated depreciation         (607,177 )     (489,433 )
        $ 131,368     $ 242,702