Annual report pursuant to Section 13 and 15(d)

STOCKHOLDERS' EQUITY (Details)

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STOCKHOLDERS' EQUITY (Details) - $ / shares
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Class of Warrant or Right, Outstanding 2,934,685      
Class of Warrant or Right, Exercise Price of Warrants or Rights   $ 5 $ 8.00 $ 5.00
2015 July Financing [Member]        
Class of Warrant or Right, Outstanding [1] 20,000      
Class of Warrant or Right, Exercise Price of Warrants or Rights [1] $ 6.05      
Class Of Warrants Or Right Expiration Date [2] Jul. 31, 2020      
2015 May Financing Agent Warrants [Member]        
Class of Warrant or Right, Outstanding [1] 50,000      
Class of Warrant or Right, Exercise Price of Warrants or Rights [1] $ 11.00      
Class Of Warrants Or Right Expiration Date [3] May 11, 2020      
2014 December Financing [Member]        
Class of Warrant or Right, Outstanding [4] 2,395,949      
Class of Warrant or Right, Exercise Price of Warrants or Rights [4] $ 5.00      
Class Of Warrants Or Right Expiration Date [5] Dec. 24, 2019      
2014 December Financing Agent Warrants [Member]        
Class of Warrant or Right, Outstanding [4] 68,735      
Class of Warrant or Right, Exercise Price of Warrants or Rights [4] $ 5.00      
Class Of Warrants Or Right Expiration Date [5] Dec. 18, 2019      
2012 Series B Private Placement [Member]        
Class of Warrant or Right, Outstanding [6] 400,001      
Class of Warrant or Right, Exercise Price of Warrants or Rights [6] $ 25.00      
Class Of Warrants Or Right Expiration Date [7] Oct. 24, 2018      
[1] In connection with the offering on July 31, 2015, the placement agent received warrants to purchase 20,000 share of common stock at $6.05 per share. The warrants are exercisable and expire on July 31, 2020.
[2] In connection with the offering on July 31, 2015, the placement agent received warrants to purchase 20,000 share of common stock at $6.05 per share. The warrants are exercisable and expire on July 31, 2020.
[3] In connection with the offering on May 11, 2015, the placement agent received warrants to purchase 50,000 share of common stock at $11.00 per share. The warrants are exercisable and expire on May 11, 2020.
[4] In connection with an offering on December 24, 2014, warrants to purchase 3,500,000 shares of common stock at $5.00 per share were purchased and issued for $0.01 per warrant. All of the warrants are exercisable and expire on December 24, 2019. At December 31, 2017, 2,395,949 warrants are outstanding. Also in connection with the offering on December 24, 2014, the underwriter received warrants to purchase 68,735 shares of common stock at $5.00 per share. The warrants are exercisable and expire on December 18, 2019.
[5] In connection with an offering on December 24, 2014, warrants to purchase 3,500,000 shares of common stock at $5.00 per share were purchased and issued for $0.01 per warrant. All of the warrants are exercisable and expire on December 24, 2019. At December 31, 2017, 2,395,949 warrants are outstanding. Also in connection with the offering on December 24, 2014, the underwriter received warrants to purchase 68,735 shares of common stock at $5.00 per share. The warrants are exercisable and expire on December 18, 2019.
[6] In connection with a private placement offering on October 25, 2012, warrants to purchase 400,001 shares of common stock at $25.00 per share were issued. All of the warrants are exercisable and expire on October 24, 2018.
[7] In connection with a private placement offering on October 25, 2012, warrants to purchase 400,001 shares of common stock at $25.00 per share were issued. All of the warrants are exercisable and expire on October 24, 2018.