Quarterly report pursuant to Section 13 or 15(d)

3. DEBT (Details)

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3. DEBT (Details) - Oxford Loan - USD ($)
9 Months Ended 12 Months Ended
Sep. 30, 2016
Dec. 31, 2015
Gross proceeds $ 20,000,000 $ 16,000,000
Less: debt discount, net    
End of term fee (1,285,702) (1,250,194)
Warrants (296,846) (310,196)
Financing fees (178,766) (192,398)
Note payable $ 18,238,686 $ 14,247,212