Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Details)

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STOCK-BASED COMPENSATION (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Line Items]        
Total stock-based compensation $ 165,016 $ 146,559 $ 428,561 $ 682,775
Employee and Director Stock Option Grants [Member]        
Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Line Items]        
Total stock-based compensation 168,068 162,141 426,157 681,660
Employee and Director Stock Option Grants [Member] | Research and Development [Member]        
Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Line Items]        
Total stock-based compensation 25,749 31,441 109,402 142,142
Employee and Director Stock Option Grants [Member] | General and Administrative [Member]        
Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Line Items]        
Total stock-based compensation 142,319 130,700 316,755 491,665
Employee and Director Stock Option Grants [Member] | Restructuring Costs [Member]        
Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Line Items]        
Total stock-based compensation 0 0 0 47,853
Non Employee Consultant Stock Option Grants [Member] | Research and Development [Member]        
Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Line Items]        
Total stock-based compensation $ (3,052) $ (15,582) $ 2,404 $ 1,115