Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT (Tables)

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PROPERTY AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2012
PROPERTY AND EQUIPMENT [Abstract]  
Property and equipment
Property and equipment consists of the following:   December 31,  
    2012     2011  
Laboratory equipment   $ 818,000     $ 816,000  
Laboratory and building improvements     17,000       6,000  
Furniture and equipment     63,000       63,000  
      898,000       885,000  
Less accumulated depreciation and amortization     891,000       834,000  
Property and equipment, net   $ 7,000     $ 51,000