Quarterly report pursuant to Section 13 or 15(d)

INTERIM FINANCIAL STATEMENTS (Details)

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INTERIM FINANCIAL STATEMENTS (Details) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Mar. 31, 2016
Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]        
Cash and cash equivalents $ 11,981,618 $ 5,529,848 $ 3,841,065 $ 2,012,283
Working capital 11,466,000      
Stockholders' equity 11,405,600 14,920,359    
Accumulated deficit $ 114,209,052 $ 109,855,276