STOCKHOLDERS' EQUITY (Details Textual) - USD ($)
|
1 Months Ended |
6 Months Ended |
Apr. 30, 2015 |
Jun. 30, 2015 |
| Class of Warrant or Right [Line Items] |
|
|
| Employee Service Share-based Compensation, Allocation of Recognized Period Costs, Capitalized Amount |
|
$ 21,750
|
| Stock Issued During Period, Value, New Issues |
|
$ 18,750
|
| Employee Stock Option [Member] |
|
|
| Class of Warrant or Right [Line Items] |
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number |
|
119,194
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price |
|
$ 1.34
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term |
|
9 years 5 months 12 days
|
| Plan 2013 [Member] |
|
|
| Class of Warrant or Right [Line Items] |
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant |
|
9,121,422
|
| Series A Convertible Preferred Stock [Member] |
|
|
| Class of Warrant or Right [Line Items] |
|
|
| Stock Issued During Period, Shares, New Issues |
5,500
|
|
| Stock Issued During Period, Value, New Issues |
$ 5,500,000
|
|
| Preferred Stock, Dividend Rate, Percentage |
|
9.00%
|
| Conversion Of Stock Conversion Price |
|
$ 1.74
|
| Convertible Preferred Stock, Terms of Conversion |
|
we are obligated to pay to the holders of Convertible Preferred Stock an amount equal to the sum of (i) 1,000 shares of Convertible Preferred Stock (or such lesser number of shares then outstanding), (ii) the accrued and unpaid dividends thereon, (iii) dividends that would have accrued through April 30, 2017 but for such monthly payment and (iv) any such amount that a holder of Convertible Preferred Stock has elected to defer.
|
| Preferred Stock, Redemption Terms |
|
We must redeem the shares of Convertible Preferred Stock subject to such redemption in cash at a price equal to the sum of (x) the greater of (1) 125% of the amount being redeemed, and (2) the market value of the underlying shares and (y) the make-whole dividend amount through the maturity date of the Convertible Preferred Stock.
|
| Preferred Stock, Redemption Date |
|
Apr. 30, 2017
|
| Preferred Stock Triggering Event |
|
The shares of Convertible Preferred Stock subject to such redemption must be redeemed by the Company, in cash, at a price equal to the sum of (x) the greater of (1) 120% of the amount being redeemed, and (2) the market value of the underlying shares and (y) the make-whole dividend amount through the maturity date of the Convertible Preferred Stock.
|
| Preferred Stock, Discount on Shares |
|
$ 212,918
|
| Embedded Derivative, Fair Value of Embedded Derivative Liability |
|
$ 72,834
|
| Series A Convertible Preferred Stock [Member] | Scenario, Forecast [Member] |
|
|
| Class of Warrant or Right [Line Items] |
|
|
| Preferred Stock, Dividend Rate, Percentage |
|
18.00%
|