Quarterly report pursuant to Section 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 6 Months Ended
Jun. 30, 2014
Mar. 31, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Dec. 31, 2013
Stock Option Plan And Stock-Based Compensation Details Narrative            
Stock-based compensation relating to option grant $ 106,215   $ 192,864 $ 609,987 $ 385,031  
Unrecognized compensation 435,000     435,000    
Unrecognized compensation period for recognition       2 years 4 months 6 days    
Remaining contractual life of option       3 years 8 months 23 days    
Intrinsic value for fully vested, exercisable options 1,033,120     1,033,120   5,061,256
Intrinsic value of options exercised   $ 71,083