Quarterly report pursuant to sections 13 or 15(d)

4. STOCK OPTION PLAN AND STOCK-BASED COMPENSATION (Details Narrative)

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4. STOCK OPTION PLAN AND STOCK-BASED COMPENSATION (Details Narrative) (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Dec. 31, 2013
Stock Option Plan And Stock-Based Compensation Details Narrative      
Stock-based compensation relating to option grant $ 503,772 $ 192,165  
Unrecognized compensation 584,000    
Unrecognized compensation period for recognition 2 years 3 months    
Weighted-average remaining contractual life for options exercisable 4 years    
Intrinsic value for fully vested, exercisable options $ 1,870,500   $ 5,061,256
Weighted-average fair value $ 71,083