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NOTE 8 - EQUITY (Tables)
6 Months Ended
Jun. 30, 2018
Stockholders' Equity Note [Abstract]  
Share-based Compensation, Stock Options, Activity [Table Text Block]
A summary of the status of the Company’s stock option plans for the fiscal years ended December 31, 2017 and the six months ending June 30, 2018 and changes during the years are presented below (in number of options):

   

Number

of Options

   

Average

Exercise Price

   

Average Remaining

Contractual Term

   

Aggregate

Intrinsic Value

 
                                 

Outstanding options at January 1, 2017

    143,576     $ 3.76    

1.6 years

    $ -0-  

Options granted

    -       -       -          

Options canceled/forfeited

    (81,296

)

  $ 4.80                  
                                 

Outstanding options at December 31, 2017

    62,280     $ 3.78    

2.0 years

    $ -0-  

Options granted

    -                          

Options exercised

    -                          

Options canceled/forfeited

    (6,000

)

  $ 4.00                  
                                 

Outstanding options at June 30, 2018

    56,280     $ 3.75    

1.5 years

    $ -0-  
                                 

Vested Options:

                               

   June 30, 2018:

    39,320     $ 3.70    

1.3 years

    $ -0-  

   December 31, 2017:

    34,640     $ 3.61    

1.8 years

    $ -0-  
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]
The following table summarizes the warrants transactions:

   

Warrants

Outstanding

   

Weighted Average

Exercise Price

 
                 

Balance, January 1, 2017

    203,253     $ 5.29  

Granted

    4,988       4.01  

Exercised

    -       -  

Canceled

    -       -  

Outstanding and Exercisable December 31, 2017

    208,241     $ 5.26  
                 

Granted

    -     $ -  

Exercised

    -       -  

Canceled

    -       -  

Outstanding and Exercisable June 30, 2018

    208,241     $ 5.26