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COMMITMENTS (Tables) | 12 Months Ended
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Dec. 31, 2016
Commitments Tables |
Schedule of aggreagte future commitments under operating leases | The Company leases an office and warehouse facility under a non-cancelable operating lease which expires in April, 2022. The aggregate future commitment under this agreement is as follows:
Year ending December 31, |  |  |  |
2017 |  | $ | 1,639,382 |
2018 |  |  | 1,679,465 |
2019 |  |  | 1,720,751 |
2020 |  |  | 1,763,274 |
2021 |  |  | 1,807,074 |
Thereafter |  |  | 602,358 |
|  | $ | 9,212,304 |

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- Definition Tabular disclosure of the aggregate amount of payments due on known contractual obligations for the five years following the date of the latest balance sheet and the combined aggregate amount of maturities of known contractual obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 303 -Paragraph a -Subparagraph 5 + Details
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