Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Details)

v2.4.0.8
STOCK-BASED COMPENSATION (Details) (USD $)
3 Months Ended 9 Months Ended 0 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Feb. 21, 2014
Stock Options [Member]
Sep. 30, 2014
Stock Options [Member]
Sep. 30, 2014
Stock Options [Member]
Sep. 30, 2014
Director [Member]
Stock Options [Member]
Sep. 30, 2013
Director [Member]
Stock Options [Member]
Sep. 30, 2014
Director [Member]
Stock Options [Member]
Sep. 30, 2013
Director [Member]
Stock Options [Member]
Sep. 30, 2014
Mr. Hatem El Khalidi [Member]
Stock Options [Member]
Sep. 30, 2013
Mr. Hatem El Khalidi [Member]
Stock Options [Member]
Sep. 30, 2014
Mr. Hatem El Khalidi [Member]
Stock Options [Member]
Sep. 30, 2013
Mr. Hatem El Khalidi [Member]
Stock Options [Member]
Sep. 30, 2014
Officer and Key Employees [Member]
Stock Options [Member]
Sep. 30, 2013
Officer and Key Employees [Member]
Stock Options [Member]
Sep. 30, 2014
Officer and Key Employees [Member]
Stock Options [Member]
Sep. 30, 2013
Officer and Key Employees [Member]
Stock Options [Member]
Fair value of the warrants granted calculated using the Black-Scholes valuation model, Assumptions [Abstract]                                      
Expected volatility (in hundredths)             84.00%                        
Expected dividends                [1]                        
Expected term (in years)             6 years 3 months                        
Risk free interest rate (in hundredths)             1.95%                        
Stock Options and Warrants [Roll Forward]                                      
Outstanding at beginning of period (in shares)             1,326,360                        
Granted (in shares)         500,000   500,000                        
Exercised (in shares)             (145,820)                        
Expired (in shares)             0                        
Cancelled (in shares)             0                        
Forfeited (in shares)             (20,000)                        
Outstanding at end of period (in shares)           1,660,540 1,660,540                        
Exercisable, end of period (in shares)           576,401 576,401                        
Weighted Average Exercise Price Per Share [Roll Forward]                                      
Outstanding at beginning of period (in dollars per share)             $ 4.75                        
Granted (in dollars per share)             $ 12.26                        
Exercised (in dollars per share)             $ 2.91                        
Expired (in dollars per share)             $ 0                        
Cancelled (in dollars per share)             $ 0                        
Forfeited (in dollars per share)             $ 2.82                        
Outstanding at end of period (in dollars per share)           $ 7.19 $ 7.19                        
Exercisable, end of period (in dollars per share)           $ 4.89 $ 4.89                        
Weighted Average Remaining Contractual Life [Abstract]                                      
Outstanding, weighted average remaining contractual life             7 years                        
Exercisable, weighted average remaining contractual life             5 years 8 months 12 days                        
Options awarded, term (in years)         10 years                            
Vesting percentage (in hundredths)         25.00%                            
Vesting period         4 years   4 years                     4 years  
Compensation expense     1,530,000 882,000   277,000 677,000         24,000 24,000 73,000 73,000 150,000 119,000 451,000 408,000
Directors fees and expenses related to options to purchase shares               80,000 94,000 250,000 283,000                
Common Stock, issued (in shares) 100,000   100,000                                
Investor relations expense $ 25,000 $ 47,000 $ 79,000 $ 118,000                              
[1] None