Quarterly report pursuant to Section 13 or 15(d)

6. COMMON STOCK AND WARRANTS (Details Narrative)

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6. COMMON STOCK AND WARRANTS (Details Narrative) (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2014
Jun. 30, 2013
Warrants exercised, shares received 1,250,300 3,138,000 267,700
Warrants exercised, cash received $ 6,110,000 $ 18,240,000 $ 2,064,000
Cost of inducement 800,000   800,000
Cashless exercise of warrants, common stock issued   291,000  
Stock issued in public offering, shares issued   1,750,000  
Stock issued in public offering, proceeds   $ 26,073,000  
Non-employees
      
Restricted stock granted   24,267  
Employees
      
Restricted stock granted   129,514