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INCOME TAXES (Tables)
 12 Months Ended
Dec. 31, 2014
Income Tax Disclosure [Abstract]  
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
Significant components of the Company’s deferred tax assets for federal and state income taxes as of December 31, 2014 and 2013 are as follows:
 
 
 
2014
 
2013
 
Deferred tax assets:
 
 
 
 
 
 
 
Net operating loss carryforwards
 
$
17,164,000
 
$
16,473,000
 
Reserves-
 
 
32,000
 
 
-
 
Deferred rent
 
 
51,000
 
 
66,000
 
Research & development tax credits
 
 
109,000
 
 
139,000
 
Total deferred tax assets
 
 
17,356,000
 
 
16,678,000
 
Deferred tax liabilities:
 
 
 
 
 
 
 
Intangible assets
 
 
(1,108,000)
 
 
(1,355,000)
 
Other
 
 
(1,000)
 
 
(1,000)
 
Depreciation
 
 
(140,000)
 
 
(138,000)
 
Total deferred tax liabilities
 
 
(1,249,000)
 
 
(1,494,000)
 
Net deferred tax assets
 
 
16,107,000
 
 
15,184,000
 
Less: Valuation allowance
 
 
(16,107,000)
 
 
(15,184,000)
 
Deferred tax assets, net of allowance
 
$
-
 
$
-