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OTHER CURRENT ASSETS (Details) - USD ($)	Mar. 31, 2016	Dec. 31, 2015
Other Current Assets
Prepaid consulting	$ 296,305	$ 334,822
Prepaid insurance	438,420	695,421
Prepaid research and development costs	644,749	674,353
Prepaid vendor deposits	107,300	159,489
Other prepaid costs	231,295	369,812
TOTAL OTHER CURRENT ASSETS	$ 1,718,069	$ 2,233,897

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Carrying amount as of the balance sheet date of unamortized costs of consulting contracts, which will be charged against earnings ratably over the period in which contractually agreed upon services will be provided; such periods expire within one year or the normal operating cycle, if longer. Current portion.

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Carrying amount as of the balance sheet date of unamortized costs of research and development contracts, which will be charged against earnings ratably over the period in which contractually agreed upon services will be provided; such periods expire within one year or the normal operating cycle, if longer. Current portion.

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It represents as a prepaid vendor deposits.

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Amount of asset related to consideration paid in advance for other costs that provide economic benefits within a future period of one year or the normal operating cycle, if longer.

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Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer.

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Amount of asset related to consideration paid in advance for insurance that provides economic benefits within a future period of one year or the normal operating cycle, if longer.

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