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, 2013
PROPERTY AND EQUIPMENT [Abstract]  
Property and equipment
Property and equipment consists of the following:                           December 31,           
                                                                                                                            2013                    2012    
Laboratory equipment                          $             -            $   818,000
Laboratory and building improvements                                                                                                       -                   17,000
Furniture and equipment                                                                                                                       14,000                   63,000
                                                                                                                           14,000                 898,000
Less accumulated depreciation and amortization                                                                                8,000                 891,000
Property and equipment, net                                                                                                          $       6,000            $       7,000