Id Systems (IDSY) 10-Q 13 Nov 15 2015 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 09, 2015
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Entity Registrant Name	ID SYSTEMS INC
Entity Central Index Key	49,615
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Trading Symbol	IDSY
Entity Common Stock, Shares Outstanding		13,471,218

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2015	Dec. 31, 2014	[1]
Current assets:
Cash and cash equivalents	$ 4,316,000	$ 5,974,000
Restricted cash	304,000	303,000
Investments - short term	104,000	3,249,000
Accounts receivable, net of allowance for doubtful accounts of $1,434,000 and $1,580,000 in 2014 and 2015, respectively	12,647,000	14,783,000
Financing receivables - current, net of allowance for doubtful accounts of $-0- in 2014 and 2015	1,842,000	1,898,000
Inventory, net	7,203,000	6,252,000
Deferred costs - current	3,084,000	2,183,000
Prepaid expenses and other current assets	2,291,000	1,767,000
Total current assets	31,791,000	36,409,000
Investments - long term	1,447,000	4,066,000
Financing receivables - less current portion	3,196,000	4,072,000
Deferred costs - less current portion	3,283,000	3,281,000
Fixed assets, net	2,935,000	1,520,000
Goodwill	1,837,000	1,837,000
Intangible assets, net	876,000	977,000
Other assets	278,000	324,000
Assets, Total	45,643,000	52,486,000
Current liabilities:
Accounts payable and accrued expenses	9,799,000	10,102,000
Capital lease obligation - current	28,000	149,000
Deferred revenue - current	7,000,000	6,742,000
Total current liabilities	16,827,000	16,993,000
Deferred rent	281,000	309,000
Deferred revenue - less current portion	7,261,000	7,929,000
Liabilities, Total	$ 24,369,000	$ 25,231,000
Commitments and Contingencies (Note 21)
STOCKHOLDERS' EQUITY
Preferred stock; authorized 5,000,000 shares, $0.01 par value; none issued	$ 0	$ 0
Common stock; authorized 50,000,000 shares, $0.01 par value; 13,476,000 and 14,214,000 shares issued at December 31, 2014 and September 30, 2015, respectively; shares outstanding, 12,812,000 and 13,471,000 at December 31, 2014 and September 30, 2015, respectively	129,000	124,000
Additional paid-in capital	109,699,000	106,272,000
Accumulated deficit	(84,158,000)	(75,176,000)
Accumulated other comprehensive loss	(351,000)	(375,000)
Treasury stock; 664,000 shares and 743,000 shares at cost at December 31, 2014 and September 30, 2015, respectively	(4,045,000)	(3,590,000)
Total stockholders' equity	21,274,000	27,255,000
Total liabilities and stockholders' equity	$ 45,643,000	$ 52,486,000
[1]	Derived from audited balance sheet as of December 31, 2014.

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets [Parenthetical] - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Allowance for doubtful accounts receivable (in dollars)	$ 1,580,000	$ 1,434,000
Allowance for notes and sales type lease receivable doubtfull accounts (in dollars)	$ 0	$ 0
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	14,214,000	13,476,000
Common stock, shares outstanding	13,471,000	12,812,000
Treasury stock, shares	743,000	664,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Revenue:
Products	$ 6,947,000	$ 7,292,000	$ 18,811,000	$ 20,243,000
Services	3,634,000	4,447,000	12,816,000	12,645,000
Revenue, Net, Total	10,581,000	11,739,000	31,627,000	32,888,000
Cost of revenue:
Cost of products	4,929,000	4,653,000	13,643,000	12,724,000
Cost of services	1,296,000	1,615,000	5,554,000	4,585,000
Cost of Goods and Services Sold, Total	6,225,000	6,268,000	19,197,000	17,309,000
Gross profit	4,356,000	5,471,000	12,430,000	15,579,000
Operating expenses:
Selling, general and administrative expenses	5,207,000	6,289,000	18,201,000	18,760,000
Research and development expenses	1,114,000	1,770,000	3,463,000	4,263,000
Operating Expenses, Total	6,321,000	8,059,000	21,664,000	23,023,000
Loss from operations	(1,965,000)	(2,588,000)	(9,234,000)	(7,444,000)
Interest income	85,000	140,000	264,000	445,000
Other income, net	(15,000)	4,000	(12,000)	19,000
Net loss	$ (1,895,000)	$ (2,444,000)	$ (8,982,000)	$ (6,980,000)
Net loss per share - basic and diluted (in dollars per share)	$ (0.15)	$ (0.20)	$ (0.72)	$ (0.58)
Weighted average common shares outstanding -basic and diluted (in shares)	12,768,000	12,107,000	12,523,000	12,072,000

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Loss - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Net loss	$ (1,895,000)	$ (2,444,000)	$ (8,982,000)	$ (6,980,000)
Other comprehensive (loss) income, net:
Unrealized (loss) gain on investments	(5,000)	$ (20,000)	(20,000)	(10,000)
Reclassification of net realized investment losses included in net loss	17,000		44,000
Foreign currency translation adjustment	141,000	$ (192,000)	0	(116,000)
Total other comprehensive loss	153,000	(212,000)	24,000	(126,000)
Comprehensive loss	$ (1,742,000)	$ (2,656,000)	$ (8,958,000)	$ (7,106,000)

Condensed Consolidated Stateme6

Condensed Consolidated Statement of Changes in Stockholders' Equity - 9 months ended Sep. 30, 2015 - USD ($)	Total		Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Treasury Stock [Member]
Balance at Dec. 31, 2014	$ 27,255,000	[1]	$ 124,000	$ 106,272,000	$ (75,176,000)	$ (375,000)	$ (3,590,000)
Balance (in shares) at Dec. 31, 2014			13,476,000
Net loss	(8,982,000)		$ 0	0	(8,982,000)	0	0
Foreign currency translation adjustment	0		0	0	0	0	0
Unrealized loss on investments	24,000		0	0	0	24,000	0
Shares issued pursuant to exercise of stock options	2,199,000		$ 5,000	2,194,000
Shares issued pursuant to exercise of stock options (in shares)			555,000
Issuance of restricted stock	0		$ 0	0	0	0	0
Issuance of restricted stock (in shares)			232,000
Shares withheld pursuant to exercise of stock options and restricted stock	(455,000)		$ 0	0	0	0	(455,000)
Forfeiture of restricted shares (in shares)			(49,000)
Stock based compensation - restricted stock	1,010,000		$ 0	1,010,000	0	0	0
Stock based compensation - options and performance shares	223,000		0	223,000	0	0	0
Balance at Sep. 30, 2015	$ 21,274,000		$ 129,000	$ 109,699,000	$ (84,158,000)	$ (351,000)	$ (4,045,000)
Balance (in shares) at Sep. 30, 2015			14,214,000
[1]	Derived from audited balance sheet as of December 31, 2014.

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
	Sep. 30, 2015		Sep. 30, 2014
Cash flows from operating activities:
Net loss	$ (8,982,000)		$ (6,980,000)
Adjustments to reconcile net loss to cash used in operating activities:
Bad debt expense	347,000		652,000
Proceeds from sale of New Jersey net operating loss carryforwards	0		63,000
Stock-based compensation expense	1,233,000		963,000
Depreciation and amortization	557,000		1,666,000
Inventory reserve	186,000		110,000
Other non-cash items	27,000		16,000
Changes in:
Accounts receivable	1,604,000		(2,493,000)
Financing receivables	932,000		1,996,000
Inventory	(1,137,000)		(483,000)
Prepaid expenses and other assets	(478,000)		(515,000)
Deferred costs	(903,000)		(366,000)
Deferred revenue	(410,000)		1,551,000
Accounts payable and accrued expenses	(523,000)		1,942,000
Net cash used in operating activities	(7,547,000)		(1,878,000)
Cash flows from investing activities:
Expenditures for fixed assets including website development costs	(1,871,000)		(323,000)
Purchase of investments	(2,524,000)		(4,262,000)
Proceeds from the sale and maturities of investments	8,258,000		4,411,000
Net cash (used in) provided by investing activities	3,863,000		(174,000)
Cash flows from financing activities:
Principal payments of capital lease obligation	(121,000)		(106,000)
Proceeds from exercise of stock options	1,965,000		323,000
Net cash provided by financing activities	1,844,000		217,000
Effect of foreign exchange rate changes on cash and cash equivalents	182,000		6,000
Net decrease in cash and cash equivalents	(1,658,000)		(1,829,000)
Cash and cash equivalents - beginning of period	5,974,000	[1]	6,582,000
Cash and cash equivalents - end of period	4,316,000		4,753,000
Supplemental disclosure of cash flow information:
Taxes	0		0
Interest	11,000		24,000
Noncash activities:
Unrealized gain (loss) on investments	24,000		(10,000)
Shares withheld pursuant to stock issuance	$ 455,000		$ 137,000
[1]	Derived from audited balance sheet as of December 31, 2014.

DESCRIPTION OF THE COMPANY AND

DESCRIPTION OF THE COMPANY AND BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2015
Organization, Consolidation and Presentation Of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	Description of the Company I.D. Systems, Inc. and its subsidiaries (collectively, the “Company,” “we,” “our” or “us”) develop, market and sell wireless machine-to-machine (“M2M”) solutions for managing and securing high-value enterprise assets. These assets include industrial vehicles, such as forklifts, airport ground support equipment, rental vehicles and transportation assets, such as dry van trailers, refrigerated trailers, railcars and containers. The Company’s patented systems utilize radio frequency identification (RFID), Wi-Fi, satellite or cellular communications, and sensor technology and software to address the needs of organizations to control, track, monitor and analyze their assets. Our cloud-based software tool called I.D. Systems Analytics (“Analytics”) is designed to provide a single, integrated view of asset activity across multiple locations, generating enterprise-wide benchmarks and peer-industry comparisons. Analytics determines key performance indicators (“KPIs”) relating to the performance of managed assets. The Company’s solutions enable customers to achieve tangible economic benefits by making timely, informed decisions that increase the safety, security, productivity and efficiency of their operations. The Company outsources its hardware manufacturing operations to contract manufacturers. I.D. Systems, Inc. was incorporated in Delaware in 1993 and commenced operations in January 1994. Basis of Presentation The unaudited interim condensed consolidated financial statements include the accounts of I.D. Systems, Inc. and its wholly owned subsidiaries, Asset Intelligence, LLC (“AI”), I.D. Systems GmbH (“IDS GmbH”) and I.D. Systems (UK) Ltd (formerly Didbox Ltd.) (“IDS Ltd”) (collectively referred to as the “Company”). All material intercompany balances and transactions have been eliminated in consolidation. The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and the instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, such statements include all adjustments (consisting only of normal recurring items) which are considered necessary for a fair presentation of the consolidated financial position of the Company as of September 30, 2015, the consolidated results of its operations for the three-month and nine-month periods ended September 30, 2014 and 2015, the consolidated change in stockholders’ equity for the nine-month period ended September 30, 2015 and the consolidated cash flows for the nine-month periods ended September 30, 2014 and 2015. The results of operations for the nine-month period ended September 30, 2015 are not necessarily indicative of the operating results for the full year. These financial statements should be read in conjunction with the audited consolidated financial statements and related disclosures for the year ended December 31, 2014 included in the Company’s Annual Report on Form 10-K for the year then ended. We believe our available working capital, anticipated level of future revenues, and the expected cash flows from operations (including the cost savings from the reduction in work force - see Note 20) will be sufficient to sustain the Company’s operations for at least the next twelve months. In the future the Company may also seek to raise additional funds through equity, debt, accounts receivable or inventory financing to help meet short-term capital requirements as well as long-term strategic objectives.

CASH AND CASH EQUIVALENTS

CASH AND CASH EQUIVALENTS	9 Months Ended
	Sep. 30, 2015
Cash and Cash Equivalents [Abstract]
Cash and Cash Equivalents Disclosure [Text Block]	NOTE 2 - CASH AND CASH EQUIVALENTS The Company considers all highly liquid debt instruments purchased with an original maturity of three months or less to be cash equivalents unless they are legally or contractually restricted. The Company’s cash and cash equivalent balances exceed Federal Deposit Insurance Corporation (FDIC) limits.

USE OF ESTIMATES

USE OF ESTIMATES	9 Months Ended
	Sep. 30, 2015
Use Of Estimates Disclosure [Abstract]
Use Of Estimates Disclosure [Text Block]	NOTE 3 - USE OF ESTIMATES The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company continually evaluates estimates used in the preparation of the financial statements for reasonableness. The most significant estimates relate to stock-based compensation arrangements, measurements of fair value, realization of deferred tax assets, the impairment of tangible and intangible assets, inventory reserves, allowance for doubtful accounts, warranty reserves and deferred revenue and costs. Actual results could differ from those estimates.

INVESTMENTS

INVESTMENTS	9 Months Ended
	Sep. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	NOTE 4 - INVESTMENTS The Company’s investments include debt securities, U.S. Treasury Notes, government and state agency bonds, mutual funds, corporate bonds, common stock and commercial paper, which are classified as either available for sale, held to maturity or trading, depending on management’s investment intentions relating to these securities. As of September 30, 2014 and 2015, all of the Company’s investments are classified as available for sale. Available for sale securities are measured at fair value based on quoted market values of the securities, with the unrealized gain and (losses) reported as comprehensive income or (loss). For the three- and nine-month periods ended September 30, 2014, the Company reported unrealized losses of $ (20,000) (10,000) (5,000) (20,000) 53,000 Fair Value Due within one year $ 51,000 Due one year through three years 1,244,000 Due after three years 203,000 $ 1,498,000 Unrealized Unrealized Fair September 30, 2015 Cost Gain Loss Value Investments - short term Available for sale Corporate bonds and commercial paper $ 51,000 - - $ 51,000 Common stock 49,000 4,000 - 53,000 Total investments - short term 100,000 4,000 - 104,000 Investments - long term Available for sale U.S. Treasury Notes 935,000 4,000 - 939,000 Government agency bonds 150,000 - - 150,000 Corporate bonds and commercial paper 357,000 1,000 - 358,000 Total investments - long term 1,442,000 5,000 - 1,447,000 Total investments $ 1,542,000 $ 9,000 $ - $ 1,551,000 Unrealized Unrealized Fair December 31, 2014 Cost Gain Loss Value Investments - short term Available for sale Mutual funds $ 1,706,000 - (36,000) $ 1,670,000 Corporate bonds and commercial paper 824,000 1,000 - 825,000 U.S. Treasury Notes 680,000 - - 680,000 Common stock 49,000 25,000 - 74,000 Total investments - short term 3,259,000 26,000 (36,000) 3,249,000 Investments - long term Available for sale U.S. Treasury Notes 2,165,000 - (3,000) 2,162,000 Government agency bonds 751,000 - (3,000) 748,000 Corporate bonds and commercial paper 1,155,000 1,000 - 1,156,000 Total investments - long term 4,071,000 1,000 (6,000) 4,066,000 Total investments $ 7,330,000 $ 27,000 $ (42,000) $ 7,315,000 The Company utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those levels: • Level 1: Unadjusted quoted prices in active markets for identical assets or liabilities. • Level 2: Inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. • Level 3: Unobservable inputs that reflect the reporting entity’s estimates of market participants’ assumptions. As of September 30, 2015, all of the Company’s investments are classified as Level 1 fair value measurements.

REVENUE RECOGNITION

REVENUE RECOGNITION	9 Months Ended
	Sep. 30, 2015
Deferred Revenue Disclosure [Abstract]
Deferred Revenue Disclosure [Text Block]	NOTE 5 - REVENUE RECOGNITION The Company’s revenue is derived from: (i) sales of our industrial and rental fleet wireless asset management systems and services, which includes training and technical support; (ii) sales of our transportation asset management systems and spare parts sold to customers (for which title transfers on the date of customer receipt) and from the related communication services under contracts that generally provide for service over periods ranging from one to five years; (iii) post-contract maintenance and support agreements; and (iv) periodically, from leasing arrangements. Our industrial and rental fleet wireless asset management systems consist of on-asset hardware, communication infrastructure, software, and hosting infrastructure. Revenue derived from the sale of our industrial and rental fleet wireless asset management systems is allocated to each element based upon vendor specific objective evidence (VSOE) of the fair value of the element. VSOE of the fair value is based upon the price charged when the element is sold separately. Revenue is recognized as each element is earned based on the selling price of each element based on VSOE, and when there are no undelivered elements that are essential to the functionality of the delivered elements. The Company’s system is typically implemented by the customer or a third party and, as a result, revenue is recognized when title and risk of loss passes to the customer, which usually is upon delivery of the system, persuasive evidence of an arrangement exists, sales price is fixed and determinable, collectability is reasonably assured and contractual obligations have been satisfied. In some instances, we are also responsible for providing installation services. The additional installation services, which could be performed by third parties, are considered another element in a multi-element deliverable and revenue for installation services is recognized at the time the installation is provided. Training and technical support revenue are recognized at time of performance. The Company recognizes revenues from the sale of remote transportation asset management systems and spare parts when persuasive evidence of an arrangement exists, delivery has occurred, the price is fixed or determinable, and collectability is reasonably assured. These criteria include requirements that the delivery of future products or services under the arrangement is not required for the delivered items to serve their intended purpose. The Company has determined that the revenue derived from the sale of transportation asset management systems does not have stand-alone value to the customer separate from the communication services provided and, therefore, the arrangements constitute a single unit of accounting. Under the applicable accounting guidance, all of the Company’s billings for equipment and the related cost are deferred, recorded, and classified as a current and long-term liability and a current and long-term asset, respectively. Deferred revenue and cost are recognized over the service contract life, beginning at the time that a customer acknowledges acceptance of the equipment and service. The Company amortized and recognized $ 951,000 2,762,000 1,273,000 3,401,000 The service revenue for our remote asset monitoring equipment relates to charges for monthly messaging usage and value-added features charges. The usage fee is a monthly fixed charge based on the expected utilization according to the rate plan chosen by the customer. Service revenue generally commences upon equipment installation and customer acceptance, and is recognized over the period such services are provided. Revenue from remote asset monitoring equipment activation fees is deferred and amortized over the life of the contract. Spare parts sales are reflected in product revenues and recognized on the date of customer receipt of the part. The Company also derives revenue under leasing arrangements. Such arrangements provide for monthly payments covering the system sale, maintenance, support and interest. These arrangements meet the criteria to be accounted for as sales-type leases. Accordingly, an asset is established for the sales-type lease receivable at the present value of the expected lease payments and revenue is deferred and recognized over the service contract, as described above. Maintenance revenues and interest income are recognized monthly over the lease term. The Company also enters into post-contract maintenance and support agreements for its wireless asset management systems. Revenue is recognized ratably over the service period and the cost of providing these services is expensed as incurred. Deferred revenue also includes prepayment of extended maintenance and support contracts. Under certain customer contracts, the Company invoices progress billings once certain milestones are met. The milestone terms vary by customer and can include the receipt of the customer purchase order, delivery, installation and launch. As the systems are delivered, and services are performed, and all of the criteria for revenue recognition are satisfied, the Company recognizes revenue. If the amount of revenue recognized for financial reporting purposes is greater than the amount invoiced, an unbilled receivable is recorded. If the amount invoiced is greater than the amount of revenue recognized for financial reporting purposes, deferred revenue is recorded. As of December 31, 2014 and September 30, 2015, unbilled receivables were $ 170,000 0 Sales taxes collected from customers and remitted to governmental authorities are accounted for on a net basis and therefore are excluded from revenues in the Condensed Consolidated Statements of Operations. In April 2015, we entered into a development project with Avis Budget Car Rental, LLC (“ABCR”), a subsidiary of Avis Budget Group. The Company recognized milestone revenue of $ 750,000 Milestone payments are recognized as revenue upon achievement of the milestone only if the following conditions are met: (i) there is substantive uncertainty at the date of entering into the arrangement that the milestone would be achieved; (ii) the milestone is commensurate with either the vendor’s performance to achieve the milestone or the enhancement of the value of the delivered item by the vendor; (iii) the milestone relates solely to past performance; and (iv) be reasonable in relation to the effort expended to achieve the milestone. December 31, September 30, 2014 2015 Deferred revenue $ 1,985,000 $ 261,000 Deferred activation fees 532,000 500,000 Deferred maintenance revenue 3,211,000 3,496,000 Deferred remote transportation asset management product revenue 8,943,000 10,004,000 14,671,000 14,261,000 Less: Current portion 6,742,000 7,000,000 Deferred revenue - less current portion $ 7,929,000 $ 7,261,000

FINANCING RECEIVABLES

FINANCING RECEIVABLES	9 Months Ended
	Sep. 30, 2015
Receivables [Abstract]
Financing Receivables [TextBlock]	NOTE 6 - FINANCING RECEIVABLES December 31, September 30, 2014 2015 Notes receivable $ 27,000 $ 7,000 Sales-type lease receivable 5,943,000 5,031,000 Less: Allowance for credit losses - - 5,970,000 5,038,000 Less: Current portion Notes receivable 25,000 7,000 Sales-type lease receivable 1,873,000 1,835,000 1,898,000 1,842,000 Financing receivables - less current portion $ 4,072,000 $ 3,196,000 Notes receivable relate to product financing arrangements that exceed one year and bear interest at approximately 8 10 The present value of net investment in sales-type lease receivable is principally for three to five-year leases of the Company’s products and is reflected net of unearned income of $ 565,000 473,000 1 26 The allowance for doubtful accounts represents the Company’s best estimate of the amount of credit losses in the Company’s existing notes and sales-type lease receivable. The allowance for doubtful accounts is determined on an individual note and lease basis if it is probable that the Company will not collect all principal and interest contractually due. The Company considers its customers’ financial condition and historical payment patterns in determining the customers’ probability of default. The impairment is measured based on the present value of expected future cash flows discounted at the note’s effective interest rate. There were no impairment losses recognized for the three- and nine-month-periods ended September 30, 2014 and 2015. The Company does not accrue interest when a note or lease is considered impaired. When the ultimate collectability of the principal balance of the impaired note or lease is in doubt, all cash receipts on impaired notes or leases are applied to reduce the principal amount of such notes or leases until the principal has been recovered and are recognized as interest income thereafter. Impairment losses are charged against the allowance and increases in the allowance are charged to bad debt expense. Notes and leases are written off against the allowance when all possible means of collection have been exhausted and the potential for recovery is considered remote. The Company resumes accrual of interest when it is probable that the Company will collect the remaining principal and interest of an impaired note or lease. Notes and leases become past due based on how recently payments have been received. Year ending December 31: October - December 2015 $ 474,000 2016 1,788,000 2017 1,466,000 2018 912,000 2019 316,000 Thereafter 75,000 5,031,000 Less: Current portion 1,835,000 Sales-type lease receivable - less current portion $ 3,196,000

INVENTORY

INVENTORY	9 Months Ended
	Sep. 30, 2015
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	NOTE 7 - INVENTORY Inventory, which primarily consists of finished goods and components used in the Company’s products, is stated at the lower of cost or market using the first-in first-out (FIFO) method. Inventories consist of the following: December 31, September 30, 2014 2015 Components $ 3,029,000 $ 3,233,000 Finished goods 3,223,000 3,970,000 $ 6,252,000 $ 7,203,000

FIXED ASSETS

FIXED ASSETS	9 Months Ended
	Sep. 30, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	NOTE 8 - FIXED ASSETS Fixed assets are stated at cost, less accumulated depreciation and amortization, and are summarized as follows: December 31, September 30, 2014 2015 Equipment $ 1,480,000 $ 1,622,000 Computer software and website development 3,470,000 5,153,000 Computer hardware 2,717,000 2,750,000 Furniture and fixtures 373,000 373,000 Automobiles 47,000 60,000 Leasehold improvements 181,000 181,000 8,268,000 10,139,000 Accumulated depreciation and amortization (6,748,000) (7,204,000) $ 1,520,000 $ 2,935,000 As of December 31, 2014 and September 30, 2015, the Company had expenditures of approximately $ 63,000 1,663,000 Assets acquired under a capital lease, net of accumulated amortization of $ 104,000 201,000 15,000 43,000 15,000 45,000 Depreciation and amortization expense for the three- and nine-month periods ended September 30, 2014 was $ 279,000 847,000 130,000 456,000 145,000 431,000 29,000 129,000 The Company capitalizes in fixed assets the costs of software development and website development. Specifically, the assets comprise an implementation of Oracle Enterprise Resource Planning (ERP) software, enhancements to the VeriWise TM 88,000 1,601,000

INTANGIBLE ASSETS AND GOODWILL

INTANGIBLE ASSETS AND GOODWILL	9 Months Ended
	Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure [Text Block]	NOTE 9 - INTANGIBLE ASSETS AND GOODWILL Useful Gross Net Lives Carrying Accumulated Carrying September 30, 2015 (In Years) Amount Amortization Amount Amortized: Patents 11 $ 1,489,000 $ (778,000) $ 711,000 Tradename 5 200,000 (200,000) - Non-competition agreement 3 234,000 (234,000) - Technology 5 50,000 (50,000) - Workforce 5 33,000 (33,000) - Customer relationships 5 4,499,000 (4,499,000) - 6,505,000 (5,794,000) 711,000 Unamortized: Customer list 104,000 - 104,000 Trademark and Tradename 61,000 - 61,000 165,000 - 165,000 Total $ 6,670,000 $ (5,794,000) $ 876,000 Useful Gross Net Lives Carrying Accumulated Carrying December 31, 2014 (In Years) Amount Amortization Amount Amortized: Patents 11 $ 1,489,000 $ (677,000) $ 812,000 Tradename 5 200,000 (200,000) - Non-competition agreement 3 234,000 (234,000) - Technology 5 50,000 (50,000) - Workforce 5 33,000 (33,000) - Customer relationships 5 4,499,000 (4,499,000) - 6,505,000 (5,693,000) 812,000 Unamortized: Customer list 104,000 - 104,000 Trademark and Tradename 61,000 - 61,000 165,000 - 165,000 Total $ 6,670,000 $ (5,693,000) $ 977,000 Amortization expense for the three- and nine-month periods ended September 30, 2014 was $ 273,000 819,000 33,000 101,000 Year ending December 31: October - December 2015 $ 36,000 2016 135,000 2017 135,000 2018 135,000 2019 135,000 2020 135,000 There have been no changes in the carrying amount of goodwill from January 1, 2015 to September 30, 2015.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	9 Months Ended
	Sep. 30, 2015
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	NOTE 10 - STOCK-BASED COMPENSATION Stock Option Plans The Company adopted the 1995 Stock Option Plan, pursuant to which the Company had the right to grant options to purchase up to an aggregate of 1,250,000 2,813,000 600,000 The Company adopted the 2007 Equity Compensation Plan, pursuant to which, as amended, the Company may grant stock options, restricted stock and other equity-based awards with respect to up to an aggregate of 2,500,000 600,000 1,200,000 The Company recognizes all employee share-based payments in the statement of operations as an operating expense, based on their fair values on the applicable grant date. As a result, the Company recorded stock-based compensation expense of $ 143,000 457,000 65,000 221,000 On March 21, 2014, the Company and its former Chief Executive Officer (the “Former CEO”) entered into a Separation and General Release Agreement (the “Separation Agreement”). Under the terms of the Separation Agreement, the vesting of the Former CEO’s unvested stock options and restricted stock were accelerated and the term to exercise the stock options was extended to fifteen (15) months. Due to the modification of the terms of the stock option and restricted stock agreements, the Company recognized $ 327,000 On April 4, 2014, each of Lawrence S. Burstein, Harold D. Copperman, Robert J. Farrell and Michael P. Monaco (collectively, the “Former Board Members”) informed the Company of their respective decisions not to stand for re-election to the Company’s board of directors (the “Board”) at the 2014 annual meeting of stockholders, which was held on June 20, 2014 (the “2014 Annual Meeting”).In connection with the Former Board Members’ departure, the vesting of certain options granted to the Former Board Members under the 2009 Director Plan was accelerated and the post termination exercise period was extended from a period of three (3) months to fifteen (15) months after the Former Board Members ceased to serve as members of the Board on June 20, 2014. Due to the modification of the terms of the stock options, the Company recognized $ 49,000 Weighted- Weighted- Average Average Remaining Aggregate Exercise Contractual Intrinsic Options Price Term Value Outstanding at beginning of year 2,209,000 $ 6.84 Granted - - Exercised (555,000) 3.96 Forfeited or expired (399,000) 10.28 Outstanding at end of period 1,255,000 $ 7.02 5 years $ 34,000 Exercisable at end of period 944,000 $ 7.48 4 years $ 34,000 September 30, 2014 2015 Expected volatility 44.4 % - Expected life of options 3.0 - 4.0 years - Risk free interest rate 1.2 % - Dividend yield 0 % - Weighted average fair value of options granted during the period $ 1.91 $ - Expected volatility is based on historical volatility of the Company’s common stock and the expected life of options is based on historical data with respect to employee exercise periods. The fair value of options vested during the nine-month periods ended September 30, 2014 and 2015 was $ 702,000 497,000 192,000 1,522,000 As of September 30, 2015, there was approximately $ 545,000 2.42 The Company estimates forfeitures at the time of valuation and reduces expense ratably over the vesting period. This estimate is adjusted periodically based on the extent to which actual forfeitures differ, or are expected to differ, from the previous estimate. Restricted Stock The Company grants restricted stock to employees, whereby the employees are contractually restricted from transferring the shares until they are vested. The stock is unvested stock at the time of grant and, upon vesting, there are no contractual restrictions on the stock. The fair value of each share is based on the Company’s closing stock price on the date of the grant. Weighted- Number of Average Non-vested Grant Date Shares Fair Value Restricted stock, non-vested, beginning of year 616,000 $ 5.69 Granted 232,000 6.00 Vested (206,000) 5.74 Forfeited (48,000) 5.70 Restricted stock, non-vested, end of period 594,000 $ 5.79 The Company recorded stock-based compensation expense of $ 186,000 500,000 401,000 1,010,000 2,870,000 2.86 Performance Shares The Company has granted performance shares to key employees pursuant to the 2007 Equity Compensation Plan, as amended, and may continue, from time to time, to grant performance shares under such plan or the 2015 Equity Compensation Plan. The issuance of the shares of the Company’s common stock underlying the performance shares is subject to the achievement of stock price targets of the Company’s common stock at the end of a three-year measurement period from the date of issuance, with the ability to achieve prorated performance shares during interim annual measurement periods. The annual measurement period is based on a trading day average of the Company’s stock after the announcement of annual results. If the stock price performance triggers are not met, the performance shares will not vest and will automatically be returned to the plan. If the stock price performance triggers are met, then the shares will be issued to the employees. Under the applicable accounting guidance, stock compensation expense at the fair value of the shares expected to vest is recorded even if the aforementioned stock price targets are not met. Stock-based compensation expense related to these performance shares for the three-and nine-month periods ended September 30, 2014 and 2015 was insignificant. Non-vested Shares Performance shares, non-vested, beginning of year 23,000 Granted - Vested - Forfeited (23,000) Performance shares, non-vested, end of period -

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	9 Months Ended
	Sep. 30, 2015
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	NOTE 11 - STOCKHOLDERS’ EQUITY Warrants On August 22, 2011 (the “Effective Date”), the Company and Avis Budget Car Rental, LLC (“ABCR”), a subsidiary of Avis Budget Group, entered into a Master Software License, Information Technology Services and Equipment Purchase Agreement (the “Master Agreement”) for the Company’s system relating to radio frequency identification (RFID) enabled rental car management and virtual location rental (collectively, the “System”). The order which covered 25,000 4,604,500 4.60 1,000,000 600,000 10.00 The Warrant is exercisable (i) with respect to 100,000 of the Warrant Shares, at any time after the Effective Date and on or before the fifth (5th) anniversary thereof, and (ii) with respect to 500,000 of the Warrant Shares, at any time on or after the date (if any) on which ABCR, the Avis entity that is the counterparty under the Master Agreement, executes and delivers to the Company a second SOW (“SOW#2”) for the purchase of additional units, and on or before the fifth (5th) anniversary of the Effective Date. The Warrant may be exercised by means of a “cashless exercise” solely in the event that on the later of (i) the one-year anniversary of the Effective Date and (ii) the date on which the Warrant is exercised by the holder, the Company is eligible to file a registration statement on Form S-3 to register the Warrant Shares for resale by the holder and a re-sale registration statement on Form S-3 registering the Warrant Shares for resale by the holder is not then declared effective by the Securities and Exchange Commission (the “SEC”) and available for use by the holder. The Company has agreed to file such a registration statement (on Form S-3 only, or a successor thereto) within 30 90 120 The exercise price of the Warrant and, in some cases, the number of shares of our common stock issuable upon exercise, are subject to adjustment in the case of stock splits, stock dividends, combinations of shares, similar recapitalization transactions and certain pro-rata distributions to holders of common stock. In the event of a fundamental transaction involving the Company, such as a merger, consolidation, sale of substantially all of the Company’s assets or similar reorganization or recapitalization, the holder will be entitled to receive, upon exercise of the Warrant, any securities or other consideration received by the holders of the Company’s common stock pursuant to such fundamental transaction. The Company is required to reserve a sufficient number of shares of common stock for the purpose enabling the Company to issue the Warrant Shares pursuant to any exercise of the Warrants. As of September 30, 2015, the Company has sufficient shares reserved. The fair value of the 100,000 500,000 Accumulated Other Comprehensive Loss Comprehensive loss includes net loss and unrealized gains or losses on available-for-sale investments and foreign currency translation gains and losses. Cumulative unrealized gains and losses on available-for-sale investments are reflected as accumulated other comprehensive loss in stockholders’ equity on the Company’s Condensed Consolidated Balance Sheets. Unrealized Accumulated Foreign gain (losses) other currency on comprehensive items investments income Balance at January 1, 2015 $ (360,000) $ (15,000) $ (375,000) Net current period change - 24,000 24,000 Balance at September 30, 2015 $ (360,000) $ 9,000 $ (351,000) The accumulated balances for each classification of other comprehensive loss for the nine-month period ended September 30, 2014 are as follows: Unrealized Accumulated Foreign gain (losses) other currency on comprehensive items investments income (loss) Balance at January 1, 2014 $ (97,000) $ (9,000) $ (106,000) Net current period change (116,000) (10,000) (126,000) Balance at September 30, 2014 $ (213,000) $ (19,000) $ (232,000) Income and expense accounts of foreign operations are translated at actual or weighted-average exchange rates during the period. Assets and liabilities of foreign operations that operate in a local currency environment are translated to U.S. dollars at the exchange rates in effect at the balance sheet date. Translation gains or losses are reported as components of accumulated other comprehensive income/loss in consolidated stockholders’ equity. Net translation gains or losses resulting from the translation of foreign financial statements and the effect of exchange rate changes on intercompany transactions of a long-term investment nature with IDS GmbH resulted in translation losses of $ (116,000) 0 Shares Withheld During the nine-month periods ended September 30, 2014 and 2015, 24,000 75,000 137,000 455,000

NET LOSS PER SHARE OF COMMON ST

NET LOSS PER SHARE OF COMMON STOCK	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	NOTE 12 - NET LOSS PER SHARE OF COMMON STOCK Three Months Ended Nine Months Ended September 30, September 30, 2014 2015 2014 2015 Basic and diluted loss per share Net loss $ (2,444,000) $ (1,895,000) $ (6,980,000) $ (8,982,000) Weighted-average shares outstanding 12,107,000 12,768,000 12,072,000 12,523,000 Basic and diluted net loss per share $ (0.20) $ (0.15) $ (0.58) $ (0.72) Basic loss per share is calculated by dividing net loss by the weighted-average number of common shares outstanding during the period. Diluted loss per share reflects the potential dilution assuming common shares were issued upon the exercise of outstanding options and the proceeds thereof were used to purchase outstanding common shares. Dilutive potential common shares include outstanding stock options, warrants and restricted stock and performance shares awards. For the three- and nine- month periods ended September 30, 2014, the basic and diluted weighted-average shares outstanding are the same, since the effect from the potential exercise of outstanding stock options, warrants and vesting of restricted stock and performance shares of 3,015,000 1,949,000

ACCOUNTS PAYABLE AND ACCRUED EX

ACCOUNTS PAYABLE AND ACCRUED EXPENSES	9 Months Ended
	Sep. 30, 2015
Accounts Payable and Accrued Liabilities, Current [Abstract]
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	NOTE 13- ACCOUNTS PAYABLE AND ACCRUED EXPENSES Accounts payable and accrued expenses consist of the following: December 31, September 30, 2014 2015 Accounts payable $ 7,190,000 $ 8,639,000 Accrued warranty 942,000 507,000 Accrued severance 180,000 - Accrued compensation 1,360,000 372,000 Other current liabilities 430,000 281,000 $ 10,102,000 $ 9,799,000 The Company’s products are warranted against defects in materials and workmanship for a period of 12 months from the date of acceptance of the product by the customer. The customers may purchase an extended warranty providing coverage up to a maximum of 60 months. A provision for estimated future warranty costs is recorded for expected or historical warranty matters related to equipment shipped and is included in accounts payable and accrued expenses in the Condensed Consolidated Balance Sheets as of December 31, 2014 and September 30, 2015. The following table summarizes warranty activity for the nine-month periods ended September 30, 2014 and 2015: Nine Months Ended September 30, 2014 2015 Accrued warranty reserve, beginning of period $ 522,000 $ 942,000 Accrual for product warranties issued 240,000 371,000 Product replacements and other warranty expenditures (116,000) (162,000) Expiration of warranties (154,000) (644,000) Accrued warranty reserve, end of period $ 492,000 $ 507,000

CAPITAL LEASE OBLIGATION

CAPITAL LEASE OBLIGATION	9 Months Ended
	Sep. 30, 2015
Leases, Capital [Abstract]
Capital Leases in Financial Statements of Lessee Disclosure [Text Block]	NOTE 14 - CAPITAL LEASE OBLIGATION On September 30, 2013, the Company entered into an equipment lease for computer equipment. The lease is payable in 24 monthly installments of approximately $ 14,000 12.82 1.00 Annual minimum lease payments under capital lease obligations are as follows: Year ending December 31: October - December 2015 $ 29,000 Less: amount representing interest (1,000) Total $ 28,000

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE 15 - INCOME TAXES The Company accounts for income taxes under the asset and liability approach. Deferred tax assets and liabilities are recognized for the expected future tax consequences attributed to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using the enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to reverse. As of September 30, 2015, the Company had provided a valuation allowance to fully reserve its net operating loss carryforwards and other items giving rise to deferred tax assets, primarily as a result of anticipated net losses for income tax purposes. As of December 31, 2013, the Company received approval for the sale of approximately $ 10,338,000 7.4 760,000 63,000

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	NOTE 16 - FAIR VALUE OF FINANCIAL INSTRUMENTS Cash and cash equivalents and investments in securities are carried at fair value. Financing receivables and capital lease obligation are carried at cost, which is not materially different than fair value. Accounts receivable, accounts payable and other liabilities approximate their fair values due to the short period to maturity of these instruments.

CONCENTRATION OF CUSTOMERS

CONCENTRATION OF CUSTOMERS	9 Months Ended
	Sep. 30, 2015
Risks and Uncertainties [Abstract]
Concentration Risk Disclosure [Text Block]	NOTE 17 - CONCENTRATION OF CUSTOMERS One customer accounted for 23 16 12 Two customers accounted for 17 16 16.0 50

STOCK REPURCHASE PROGRAM

STOCK REPURCHASE PROGRAM	9 Months Ended
	Sep. 30, 2015
Equity [Abstract]
Treasury Stock [Text Block]	NOTE 18 - STOCK REPURCHASE PROGRAM On November 3, 2010, the Company’s Board of Directors authorized the repurchase of issued and outstanding shares of the Company’s common stock having an aggregate value of up to $ 3,000,000 310,000 1,340,000 4.33

WHOLLY OWNED FOREIGN SUBSIDIARI

WHOLLY OWNED FOREIGN SUBSIDIARIES	9 Months Ended
	Sep. 30, 2015
Wholly Owned Foreign Subsidiaries [Abstract]
Wholly Owned Foreign Subsidiaries [Text Block]	NOTE 19 - WHOLLY OWNED FOREIGN SUBSIDIARIES The financial statements of the Company’s wholly owned German subsidiary, I.D. Systems GmbH (“IDS GmbH”), and United Kingdom subsidiary, I.D. Systems (UK) Ltd (“IDS Ltd”), are consolidated with the financial statements of I.D. Systems, Inc. For the Three Months Ended For the Nine Months Ended September 30, September 30, 2014 2015 2014 2015 Net revenue $ 1,321,000 $ 157,000 $ 3,089,000 $ 1,032,000 Net income (loss) 241,000 (209,000) 530,000 (245,000) Total assets of IDS GmbH were $ 4,235,000 3,640,000 For the Three Months Ended For the Nine Months Ended September 30, September 30, 2014 2015 2014 2015 Net revenue $ 74,000 $ 89,000 $ 246,000 $ 374,000 Net loss (145,000) (120,000) (316,000) (199,000) Total assets of IDS Ltd were $ 1,937,000 1,297,000 Gains and losses resulting from foreign currency transactions are included in determining net income or loss. Foreign currency transactions gains (losses) for the three- and nine-month periods ended September 30, 2014 of $ (75,000) (43,000) (2,000) (56,000)

REDUCTION IN WORK FORCE

REDUCTION IN WORK FORCE	9 Months Ended
	Sep. 30, 2015
Restructuring and Related Activities [Abstract]
Restructuring and Related Activities Disclosure [Text Block]	NOTE 20 - REDUCTION IN WORK FORCE On July 31, 2015, the Company eliminated 27 positions, representing approximately 20% of our total personnel. In order to earn a severance payment, affected employees were required to execute a general release agreement. Total severance costs incurred during the three- and nine-months periods ended September 30, 2015 were $280,000, of which $30,000 is included in research and development expenses and $250,000 is included in selling, general and administrative expenses in the condensed consolidated statement of operations. As of September 30, 2015, these costs have been paid.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 21 - COMMITMENTS AND CONTINGENCIES Except for normal operating leases, the Company is not currently subject to any material commitments. Contingencies The Company is not currently subject to any material commitments or contingencies and legal proceedings, nor, to management’s knowledge, is any material legal proceeding threatened against the Company. Severance agreements The Company entered into severance agreements with three of its executive officers. The severance agreements, each of which is substantially identical in form, provide each executive with certain severance and change in control benefits upon the occurrence of a “Trigger Event,” as defined in the severance agreements. As a condition to the Company’s obligations under the severance agreements, each executive has executed and delivered to the Company a restrictive covenants agreement. Under the terms of the severance agreements, in general, each executive is entitled to the following: (i) a cash payment at the rate of the executive’s annual base salary as in effect immediately prior to the Trigger Event for a period of 12 or 15 months, depending on the executive, (ii) continued healthcare coverage during the severance period, (iii) partial accelerated vesting of the executive’s previously granted stock options and restricted stock awards, and (iv) as applicable, an award of “Performance Shares” under the Restricted Stock Unit Award Agreement previously entered into between the Company and the executive. On March 21, 2014, the Company and its former Chief Executive Officer (the “Former CEO”) entered into a Separation and General Release Agreement (the “Separation Agreement”). Under the terms of the Separation Agreement, the Company recognized severance costs of $ 523,000 327,000

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	9 Months Ended
	Sep. 30, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	NOTE 22 - RECENT ACCOUNTING PRONOUNCEMENTS In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update ("ASU") No. 2015-05 “Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement” which provides guidance on determining whether a cloud computing arrangement contains a software license that should be accounted for as internal-use software by the customer. If a cloud computing arrangement does not contain a software license, it should be accounted for as a service contract by the customer. This guidance is effective for fiscal years beginning after December 15, 2015 and for interim periods within those fiscal years, with early adoption permitted. The Company is currently evaluating the impact of this ASU on the consolidated financial statements. In July 2015, the FASB issued ASU No. 2015-11 “Inventory (Topic 330): Simplifying the Measurement of Inventory” which requires entities to measure most inventory “at the lower of cost and net realizable value (“NRV”),” thereby simplifying the current guidance under which an entity must measure inventory at the lower of cost or market. Under the new guidance, inventory is “measured at the lower of cost and net realizable value,” which eliminates the need to determine replacement cost and evaluate whether it is above the ceiling (NRV) or below the floor (NRV less a normal profit margin). The guidance defines NRV as the “estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation.” The guidance is effective for annual periods beginning after December 15, 2016, and interim periods therein. Early application is permitted. The Company is currently evaluating the impact of this ASU on the consolidated financial statements. In May 2014, the FASB issued ASU No. 2014-09, "Revenue from Contracts with Customers" (Topic 606). This ASU is intended to clarify the principles for recognizing revenue by removing inconsistencies and weaknesses in revenue requirements; providing a more robust framework for addressing revenue issues; improving comparability of revenue recognition practices across entities, industries, jurisdictions and capital markets; and providing more useful information to users of financial statements through improved revenue disclosure requirements. The new standard is required to be applied retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of initially applying it recognized at the date of initial application. In July 2015, the FASB approved a deferral of the ASU effective date from annual and interim periods beginning after December 15, 2016 to annual and interim periods beginning after December 15, 2017, while allowing for early adoption as of January 1, 2017. The Company is currently evaluating the impact of this ASU on the consolidated financial statements. In June 2014, the FASB issued ASU No. 2014-12, "Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period." This ASU requires a reporting entity to treat a performance target that affects vesting and that could be achieved after the requisite service period as a performance condition, and apply existing guidance under the Stock Compensation Topic of the ASC as it relates to awards with performance conditions that affect vesting to account for such awards. The provisions of this ASU are effective for interim and annual periods beginning after December 15, 2015. The Company is currently evaluating the impact of this ASU on the consolidated financial statements. In August 2014, the FASB issued ASU No. 2014-15, "Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern" ("ASU 2014-15"), to provide guidance on management’s responsibility to evaluate whether there is substantial doubt about a company’s ability to continue as a going concern within one year after the date that the financial statements are issued. ASU 2014-15 also provides guidance for related footnote disclosures. ASU 2014-15 is effective for the Company beginning on January 1, 2016 with early adoption permitted. The Company does not believe the impact of its pending adoption of this ASU on the Company's consolidated financial statements will be material.

INVESTMENTS (Tables)

INVESTMENTS (Tables)	9 Months Ended
	Sep. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Schedule of Fair Value of Available for Sale Securities Excluding Mutual Funds [Table Text Block]	The following table summarizes the estimated fair value of investment in debt securities designated as available for sale, excluding investment in common stock of $ 53,000 Fair Value Due within one year $ 51,000 Due one year through three years 1,244,000 Due after three years 203,000 $ 1,498,000
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	The cost, gross unrealized gains (losses) and fair value of available for sale securities by major security types as of December 31, 2014 and September 30, 2015 are as follows: Unrealized Unrealized Fair September 30, 2015 Cost Gain Loss Value Investments - short term Available for sale Corporate bonds and commercial paper $ 51,000 - - $ 51,000 Common stock 49,000 4,000 - 53,000 Total investments - short term 100,000 4,000 - 104,000 Investments - long term Available for sale U.S. Treasury Notes 935,000 4,000 - 939,000 Government agency bonds 150,000 - - 150,000 Corporate bonds and commercial paper 357,000 1,000 - 358,000 Total investments - long term 1,442,000 5,000 - 1,447,000 Total investments $ 1,542,000 $ 9,000 $ - $ 1,551,000 Unrealized Unrealized Fair December 31, 2014 Cost Gain Loss Value Investments - short term Available for sale Mutual funds $ 1,706,000 - (36,000) $ 1,670,000 Corporate bonds and commercial paper 824,000 1,000 - 825,000 U.S. Treasury Notes 680,000 - - 680,000 Common stock 49,000 25,000 - 74,000 Total investments - short term 3,259,000 26,000 (36,000) 3,249,000 Investments - long term Available for sale U.S. Treasury Notes 2,165,000 - (3,000) 2,162,000 Government agency bonds 751,000 - (3,000) 748,000 Corporate bonds and commercial paper 1,155,000 1,000 - 1,156,000 Total investments - long term 4,071,000 1,000 (6,000) 4,066,000 Total investments $ 7,330,000 $ 27,000 $ (42,000) $ 7,315,000

REVENUE RECOGNITION (Tables)

REVENUE RECOGNITION (Tables)	9 Months Ended
	Sep. 30, 2015
Deferred Revenue Disclosure [Abstract]
Deferred Revenue, by Arrangement, Disclosure [Table Text Block]	Deferred revenue consists of the following: December 31, September 30, 2014 2015 Deferred revenue $ 1,985,000 $ 261,000 Deferred activation fees 532,000 500,000 Deferred maintenance revenue 3,211,000 3,496,000 Deferred remote transportation asset management product revenue 8,943,000 10,004,000 14,671,000 14,261,000 Less: Current portion 6,742,000 7,000,000 Deferred revenue - less current portion $ 7,929,000 $ 7,261,000

FINANCING RECEIVABLES (Tables)

FINANCING RECEIVABLES (Tables)	9 Months Ended
	Sep. 30, 2015
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	Financing receivables include notes and sales-type lease receivables from the sale of the Company’s products and services. Financing receivables consist of the following: December 31, September 30, 2014 2015 Notes receivable $ 27,000 $ 7,000 Sales-type lease receivable 5,943,000 5,031,000 Less: Allowance for credit losses - - 5,970,000 5,038,000 Less: Current portion Notes receivable 25,000 7,000 Sales-type lease receivable 1,873,000 1,835,000 1,898,000 1,842,000 Financing receivables - less current portion $ 4,072,000 $ 3,196,000
Schedule Of Capital Leases, Future Minimum Payments Receivable, Fiscal Year Maturity [Table Text Block]	Scheduled maturities of sales-type lease minimum lease payments outstanding as of September 30, 2015 are as follows: Year ending December 31: October - December 2015 $ 474,000 2016 1,788,000 2017 1,466,000 2018 912,000 2019 316,000 Thereafter 75,000 5,031,000 Less: Current portion 1,835,000 Sales-type lease receivable - less current portion $ 3,196,000

INVENTORY (Tables)

INVENTORY (Tables)	9 Months Ended
	Sep. 30, 2015
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	Inventories consist of the following: December 31, September 30, 2014 2015 Components $ 3,029,000 $ 3,233,000 Finished goods 3,223,000 3,970,000 $ 6,252,000 $ 7,203,000

FIXED ASSETS (Tables)

FIXED ASSETS (Tables)	9 Months Ended
	Sep. 30, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Fixed assets are stated at cost, less accumulated depreciation and amortization, and are summarized as follows: December 31, September 30, 2014 2015 Equipment $ 1,480,000 $ 1,622,000 Computer software and website development 3,470,000 5,153,000 Computer hardware 2,717,000 2,750,000 Furniture and fixtures 373,000 373,000 Automobiles 47,000 60,000 Leasehold improvements 181,000 181,000 8,268,000 10,139,000 Accumulated depreciation and amortization (6,748,000) (7,204,000) $ 1,520,000 $ 2,935,000

INTANGIBLE ASSETS AND GOODWILL

INTANGIBLE ASSETS AND GOODWILL (Tables)	9 Months Ended
	Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Goodwill [Table Text Block]	The following table summarizes identifiable intangible assets of the Company, which include identifiable intangible assets from the acquisition of IDS Ltd., PowerKey (the industrial vehicle monitoring products division of International Electronics, Inc. acquired by the Company in 2008) and AI as of December 31, 2014 and September 30, 2015: Useful Gross Net Lives Carrying Accumulated Carrying September 30, 2015 (In Years) Amount Amortization Amount Amortized: Patents 11 $ 1,489,000 $ (778,000) $ 711,000 Tradename 5 200,000 (200,000) - Non-competition agreement 3 234,000 (234,000) - Technology 5 50,000 (50,000) - Workforce 5 33,000 (33,000) - Customer relationships 5 4,499,000 (4,499,000) - 6,505,000 (5,794,000) 711,000 Unamortized: Customer list 104,000 - 104,000 Trademark and Tradename 61,000 - 61,000 165,000 - 165,000 Total $ 6,670,000 $ (5,794,000) $ 876,000 Useful Gross Net Lives Carrying Accumulated Carrying December 31, 2014 (In Years) Amount Amortization Amount Amortized: Patents 11 $ 1,489,000 $ (677,000) $ 812,000 Tradename 5 200,000 (200,000) - Non-competition agreement 3 234,000 (234,000) - Technology 5 50,000 (50,000) - Workforce 5 33,000 (33,000) - Customer relationships 5 4,499,000 (4,499,000) - 6,505,000 (5,693,000) 812,000 Unamortized: Customer list 104,000 - 104,000 Trademark and Tradename 61,000 - 61,000 165,000 - 165,000 Total $ 6,670,000 $ (5,693,000) $ 977,000
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	Estimated future amortization expense for each of the five succeeding fiscal years for these intangible assets is as follows: Year ending December 31: October - December 2015 $ 36,000 2016 135,000 2017 135,000 2018 135,000 2019 135,000 2020 135,000

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	9 Months Ended
	Sep. 30, 2015
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	The following table summarizes the activity relating to the Company’s stock options for the nine-month period ended September 30, 2015: Weighted- Weighted- Average Average Remaining Aggregate Exercise Contractual Intrinsic Options Price Term Value Outstanding at beginning of year 2,209,000 $ 6.84 Granted - - Exercised (555,000) 3.96 Forfeited or expired (399,000) 10.28 Outstanding at end of period 1,255,000 $ 7.02 5 years $ 34,000 Exercisable at end of period 944,000 $ 7.48 4 years $ 34,000
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	The fair value of each option grant on the date of grant is estimated using the Black-Scholes option-pricing model reflecting the following weighted-average assumptions: September 30, 2014 2015 Expected volatility 44.4 % - Expected life of options 3.0 - 4.0 years - Risk free interest rate 1.2 % - Dividend yield 0 % - Weighted average fair value of options granted during the period $ 1.91 $ -
Schedule of Nonvested Share Activity [Table Text Block]	A summary of all non-vested restricted stock for the nine-month period ended September 30, 2015 is as follows: Weighted- Number of Average Non-vested Grant Date Shares Fair Value Restricted stock, non-vested, beginning of year 616,000 $ 5.69 Granted 232,000 6.00 Vested (206,000) 5.74 Forfeited (48,000) 5.70 Restricted stock, non-vested, end of period 594,000 $ 5.79
Schedule of Nonvested Performance-based Units Activity [Table Text Block]	The following table summarizes the activity relating to the Company’s performance shares for the nine-month period ended September 30, 2015: Non-vested Shares Performance shares, non-vested, beginning of year 23,000 Granted - Vested - Forfeited (23,000) Performance shares, non-vested, end of period -

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	9 Months Ended
	Sep. 30, 2015
Stockholders' Equity Note [Abstract]
Schedule of Stock by Class [Table Text Block]	The accumulated balances for each classification of other comprehensive loss for the nine-month period ended September 30, 2015 are as follows: Unrealized Accumulated Foreign gain (losses) other currency on comprehensive items investments income Balance at January 1, 2015 $ (360,000) $ (15,000) $ (375,000) Net current period change - 24,000 24,000 Balance at September 30, 2015 $ (360,000) $ 9,000 $ (351,000) The accumulated balances for each classification of other comprehensive loss for the nine-month period ended September 30, 2014 are as follows: Unrealized Accumulated Foreign gain (losses) other currency on comprehensive items investments income (loss) Balance at January 1, 2014 $ (97,000) $ (9,000) $ (106,000) Net current period change (116,000) (10,000) (126,000) Balance at September 30, 2014 $ (213,000) $ (19,000) $ (232,000)

NET LOSS PER SHARE OF COMMON 38

NET LOSS PER SHARE OF COMMON STOCK (Tables)	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Net loss per share for the three- and nine-month periods ended September 30, 2014 and 2015 are as follows: Three Months Ended Nine Months Ended September 30, September 30, 2014 2015 2014 2015 Basic and diluted loss per share Net loss $ (2,444,000) $ (1,895,000) $ (6,980,000) $ (8,982,000) Weighted-average shares outstanding 12,107,000 12,768,000 12,072,000 12,523,000 Basic and diluted net loss per share $ (0.20) $ (0.15) $ (0.58) $ (0.72)

ACCOUNTS PAYABLE AND ACCRUED 39

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)	9 Months Ended
	Sep. 30, 2015
Accounts Payable and Accrued Liabilities, Current [Abstract]
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]	Accounts payable and accrued expenses consist of the following: December 31, September 30, 2014 2015 Accounts payable $ 7,190,000 $ 8,639,000 Accrued warranty 942,000 507,000 Accrued severance 180,000 - Accrued compensation 1,360,000 372,000 Other current liabilities 430,000 281,000 $ 10,102,000 $ 9,799,000
Schedule of Product Warranty Liability [Table Text Block]	The following table summarizes warranty activity for the nine-month periods ended September 30, 2014 and 2015: Nine Months Ended September 30, 2014 2015 Accrued warranty reserve, beginning of period $ 522,000 $ 942,000 Accrual for product warranties issued 240,000 371,000 Product replacements and other warranty expenditures (116,000) (162,000) Expiration of warranties (154,000) (644,000) Accrued warranty reserve, end of period $ 492,000 $ 507,000

CAPITAL LEASE OBLIGATION (Table

CAPITAL LEASE OBLIGATION (Tables)	9 Months Ended
	Sep. 30, 2014
Leases, Capital [Abstract]
Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]	The Company has the option to purchase the equipment for $ 1.00 Annual minimum lease payments under capital lease obligations are as follows: Year ending December 31: October - December 2015 $ 29,000 Less: amount representing interest (1,000) Total $ 28,000

WHOLLY OWNED FOREIGN SUBSIDIA41

WHOLLY OWNED FOREIGN SUBSIDIARIES (Tables)	9 Months Ended
	Sep. 30, 2015
Wholly Owned Foreign Subsidiaries [Abstract]
Financial Statements of Foreign Subsidiary One [Table Text Block]	The net revenue and net loss for IDS GmbH included in the Condensed Consolidated Statement of Operations are as follows: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2014 2015 2014 2015 Net revenue $ 1,321,000 $ 157,000 $ 3,089,000 $ 1,032,000 Net income (loss) 241,000 (209,000) 530,000 (245,000)
Financial Statements of Foreign Subsidiary Two [Table Text Block]	The net revenue and net loss for IDS Ltd included in the Condensed Consolidated Statement of Operations are as follows: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2014 2015 2014 2015 Net revenue $ 74,000 $ 89,000 $ 246,000 $ 374,000 Net loss (145,000) (120,000) (316,000) (199,000)

INVESTMENTS (Details)

INVESTMENTS (Details)	Sep. 30, 2015USD ($)
Schedule of Available-for-sale Securities [Line Items]
Due within one year	$ 51,000
Due one year through three years	1,244,000
Due after three years	203,000
Long term	$ 1,498,000

INVESTMENTS (Details 1)

INVESTMENTS (Details 1) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Cost	$ 1,542,000	$ 7,330,000
Unrealized Gain	9,000	27,000
Unrealized Loss	0	(42,000)
Fair Value	1,551,000	7,315,000
Short-term Investments [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost	100,000	3,259,000
Unrealized Gain	4,000	26,000
Unrealized Loss	0	(36,000)
Fair Value	104,000	3,249,000
Long-term Investments [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost	1,442,000	4,071,000
Unrealized Gain	5,000	1,000
Unrealized Loss	0	(6,000)
Fair Value	1,447,000	4,066,000
U.S. Treasury Notes [Member] | Short-term Investments [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost		680,000
Unrealized Gain		0
Unrealized Loss		0
Fair Value		680,000
U.S. Treasury Notes [Member] | Long-term Investments [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost	935,000	2,165,000
Unrealized Gain	4,000	0
Unrealized Loss	0	(3,000)
Fair Value	939,000	2,162,000
Mutual funds [Member] | Short-term Investments [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost		1,706,000
Unrealized Gain		0
Unrealized Loss		(36,000)
Fair Value		1,670,000
Corporate bonds and commercial paper [Member] | Short-term Investments [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost	51,000	824,000
Unrealized Gain	0	1,000
Unrealized Loss	0	0
Fair Value	51,000	825,000
Corporate bonds and commercial paper [Member] | Long-term Investments [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost	357,000	1,155,000
Unrealized Gain	1,000	1,000
Unrealized Loss	0	0
Fair Value	358,000	1,156,000
Government agency bonds [Member] | Long-term Investments [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost	150,000	751,000
Unrealized Gain	0	0
Unrealized Loss	0	(3,000)
Fair Value	150,000	748,000
Common Stock [Member] | Short-term Investments [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost	49,000	49,000
Unrealized Gain	4,000	25,000
Unrealized Loss	0	0
Fair Value	$ 53,000	$ 74,000

INVESTMENTS (Details Textual)

INVESTMENTS (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Schedule of Available-for-sale Securities [Line Items]
Unrealized (loss) gain on investments	$ (5,000)	$ (20,000)	$ (20,000)	$ (10,000)
Investment in Mutual Funds and Common Stock	$ 53,000		$ 53,000

REVENUE RECOGNITION (Details)

REVENUE RECOGNITION (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Deferred Revenue Arrangement [Line Items]
Deferred revenue	$ 14,261,000	$ 14,671,000
Less: Current portion	7,000,000	6,742,000	[1]
Deferred revenue - less current portion	7,261,000	7,929,000	[1]
Deferred revenue [Member]
Deferred Revenue Arrangement [Line Items]
Deferred revenue	261,000	1,985,000
Deferred activation fees [Member]
Deferred Revenue Arrangement [Line Items]
Deferred revenue	500,000	532,000
Deferred maintenance revenue [Member]
Deferred Revenue Arrangement [Line Items]
Deferred revenue	3,496,000	3,211,000
Deferred remote transportation asset management product revenue [Member]
Deferred Revenue Arrangement [Line Items]
Deferred revenue	$ 10,004,000	$ 8,943,000
[1]	Derived from audited balance sheet as of December 31, 2014.

REVENUE RECOGNITION (Details Te

REVENUE RECOGNITION (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Deferred Revenue Arrangement [Line Items]
Amortization Of Deferred Equipment Revenue	$ 1,273,000	$ 951,000	$ 3,401,000	$ 2,762,000
Unbilled Receivables, Current	$ 0		0		$ 170,000
Avis Budget Car Rental LLC [Member]
Deferred Revenue Arrangement [Line Items]
Revenue Recognition, Milestone Method, Revenue Recognized			$ 750,000
Revenue Recognition, Milestone Method, Description			Milestone payments are recognized as revenue upon achievement of the milestone only if the following conditions are met: (i) there is substantive uncertainty at the date of entering into the arrangement that the milestone would be achieved; (ii) the milestone is commensurate with either the vendor’s performance to achieve the milestone or the enhancement of the value of the delivered item by the vendor; (iii) the milestone relates solely to past performance; and (iv) be reasonable in relation to the effort expended to achieve the milestone.

FINANCING RECEIVABLES (Details)

FINANCING RECEIVABLES (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Financing receivables, Gross	$ 5,038,000	$ 5,970,000
Less: Allowance for credit losses	0	0
Less: Current portion
Financing receivables, net current	1,842,000	1,898,000	[1]
Financing receivables - less current portion	3,196,000	4,072,000	[1]
Notes Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables, Gross	7,000	27,000
Less: Current portion
Financing Receivable, Net	7,000	25,000
Sales-type lease receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivables, Gross	5,031,000	5,943,000
Less: Current portion
Financing Receivable, Net	$ 1,835,000	$ 1,873,000
[1]	Derived from audited balance sheet as of December 31, 2014.

FINANCING RECEIVABLES (Details

FINANCING RECEIVABLES (Details 1)	Sep. 30, 2015USD ($)
Year ending December 31:
October - December 2015	$ 474,000
2,016	1,788,000
2,017	1,466,000
2,018	912,000
2,019	316,000
Thereafter	75,000
Capital Leases, Future Minimum Payments Receivable	5,031,000
Less: Current portion	1,835,000
Sales-type lease receivable - less current portion	$ 3,196,000

FINANCING RECEIVABLES (Detail49

FINANCING RECEIVABLES (Details Textual) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Unearned Income On Sales Type Leases	$ 473,000	$ 565,000
Minimum [Member]
Financing Receivable, Recorded Investment [Line Items]
Product Financing Arrangements Bearing Interest Rate	8.00%
Discount Rate Of Unearned Income	1.00%
Maximum [Member]
Financing Receivable, Recorded Investment [Line Items]
Product Financing Arrangements Bearing Interest Rate	10.00%
Discount Rate Of Unearned Income	26.00%

INVENTORY (Details)

INVENTORY (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Inventory [Line Items]
Components	$ 3,233,000	$ 3,029,000
Finished goods	3,970,000	3,223,000
Inventory, Net	$ 7,203,000	$ 6,252,000	[1]
[1]	Derived from audited balance sheet as of December 31, 2014.

FIXED ASSETS (Details)

FIXED ASSETS (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 10,139,000	$ 8,268,000
Accumulated depreciation and amortization	(7,204,000)	(6,748,000)
Property, Plant and Equipment, Net	2,935,000	1,520,000	[1]
Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	1,622,000	1,480,000
Computer software and website development [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	5,153,000	3,470,000
Computer hardware [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	2,750,000	2,717,000
Furniture and fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	373,000	373,000
Automobiles [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	60,000	47,000
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 181,000	$ 181,000
[1]	Derived from audited balance sheet as of December 31, 2014.

FIXED ASSETS (Details Textual)

FIXED ASSETS (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Depreciation, Depletion and Amortization, Nonproduction	$ 130,000	$ 279,000	$ 456,000	$ 847,000
Amortization expense	33,000	273,000	101,000	819,000
Capital Leases, Lessee Balance Sheet, Assets by Major Class, Accumulated Depreciation	104,000		104,000
Capital Leases, Income Statement, Amortization Expense	15,000	15,000	45,000	43,000
Capital Leases, Balance Sheet, Assets by Major Class, Net	201,000		201,000
Computer Software and Website Development [Member]
Property, Plant and Equipment [Line Items]
Amortization expense	29,000	$ 145,000	129,000	431,000
Computer Equipment Not Yet Placed In Service	$ 1,663,000		1,663,000		$ 63,000
Capitalized Website Enhancement			$ 1,601,000	$ 88,000

INTANGIBLE ASSETS AND GOODWIL53

INTANGIBLE ASSETS AND GOODWILL (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	$ 6,505,000	$ 6,505,000
Finite-Lived Intangible Assets, Accumulated Amortization	(5,794,000)	(5,693,000)
Finite-Lived Intangible Assets, Net, Total	711,000	812,000
Indefinite-Lived Intangible Assets (Excluding Goodwill)	165,000	165,000
Finite-Lived Intangible Assets Excluding Goodwill	165,000	165,000
Intangible Assets Gross	6,670,000	6,670,000
Total	876,000	977,000	[1]
Customer list [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Net, Total	104,000	104,000
Indefinite-Lived Intangible Assets (Excluding Goodwill)	104,000	104,000
Trademark and Tradename [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Net, Total	61,000	61,000
Indefinite-Lived Intangible Assets (Excluding Goodwill)	$ 61,000	$ 61,000
Patents [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	11 years	11 years
Finite-Lived Intangible Assets, Gross	$ 1,489,000	$ 1,489,000
Finite-Lived Intangible Assets, Accumulated Amortization	(778,000)	(677,000)
Finite-Lived Intangible Assets, Net, Total	$ 711,000	$ 812,000
Tradename [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	5 years	5 years
Finite-Lived Intangible Assets, Gross	$ 200,000	$ 200,000
Finite-Lived Intangible Assets, Accumulated Amortization	(200,000)	(200,000)
Finite-Lived Intangible Assets, Net, Total	$ 0	$ 0
Non-competition agreement [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	3 years	3 years
Finite-Lived Intangible Assets, Gross	$ 234,000	$ 234,000
Finite-Lived Intangible Assets, Accumulated Amortization	(234,000)	(234,000)
Finite-Lived Intangible Assets, Net, Total	$ 0	$ 0
Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	5 years	5 years
Finite-Lived Intangible Assets, Gross	$ 50,000	$ 50,000
Finite-Lived Intangible Assets, Accumulated Amortization	(50,000)	(50,000)
Finite-Lived Intangible Assets, Net, Total	$ 0	$ 0
Workforce [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	5 years	5 years
Finite-Lived Intangible Assets, Gross	$ 33,000	$ 33,000
Finite-Lived Intangible Assets, Accumulated Amortization	(33,000)	(33,000)
Finite-Lived Intangible Assets, Net, Total	$ 0	$ 0
Customer relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	5 years	5 years
Finite-Lived Intangible Assets, Gross	$ 4,499,000	$ 4,499,000
Finite-Lived Intangible Assets, Accumulated Amortization	(4,499,000)	(4,499,000)
Finite-Lived Intangible Assets, Net, Total	$ 0	$ 0
[1]	Derived from audited balance sheet as of December 31, 2014.

INTANGIBLE ASSETS AND GOODWIL54

INTANGIBLE ASSETS AND GOODWILL (Details 1)	Sep. 30, 2015USD ($)
Year ending December 31:
October - December 2015	$ 36,000
2,016	135,000
2,017	135,000
2,018	135,000
2,019	135,000
2,020	$ 135,000

INTANGIBLE ASSETS AND GOODWIL55

INTANGIBLE ASSETS AND GOODWILL (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Finite-Lived Intangible Assets [Line Items]
Amortization expense	$ 33,000	$ 273,000	$ 101,000	$ 819,000

STOCK-BASED COMPENSATION (Detai

STOCK-BASED COMPENSATION (Details) - Employee Stock Option [Member]	9 Months Ended
	Sep. 30, 2015USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, Outstanding at beginning of year | shares	2,209,000
Options, Granted | shares	0
Options, Exercised | shares	(555,000)
Options, Forfeited or expired | shares	(399,000)
Options, Outstanding at end of period | shares	1,255,000
Options, Exercisable at end of period | shares	944,000
Weighted-Average Exercise Price, Outstanding at beginning of year (in dollars per share)	$ 6.84
Weighted-Average Exercise Price, Granted (in dollars per share)	0
Weighted-Average Exercise Price, Exercised (in dollars per share)	3.96
Weighted-Average Exercise Price, Forfeited or expired (in dollars per share)	10.28
Weighted-Average Exercise Price, Outstanding at end of period (in dollars per share)	7.02
Weighted-Average Exercise Price, Exercisable at end of period (in dollars per share)	$ 7.48
Weighted-Average Remaining Contractual Term, Outstanding at end of period (in years)	5 years
Weighted-Average Remaining Contractual Term, Exercisable at end of period (in years)	4 years
Aggregate Intrinsic Value, Outstanding at end of period (in dollars) | $	$ 34,000
Aggregate Intrinsic Value, Exercisable at end of period (in dollars) | $	$ 34,000

STOCK-BASED COMPENSATION (Det57

STOCK-BASED COMPENSATION (Details 1) - $ / shares	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Expected volatility	0.00%	44.40%
Expected life of options	0 years
Risk free interest rate	0.00%	1.20%
Dividend yield	0.00%	0.00%
Weighted average fair value of options granted during the period (in dollars per share)	$ 0	$ 1.91
Minimum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Expected life of options		3 years
Maximum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Expected life of options		4 years

STOCK-BASED COMPENSATION (Det58

STOCK-BASED COMPENSATION (Details 2) - Restricted Stock [Member]	9 Months Ended
	Sep. 30, 2015$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested shares, beginning of year | shares	616,000
Number of Non-vested Shares, Granted | shares	232,000
Number of Non-vested Shares, Vested | shares	(206,000)
Number of Non-vested Shares, Forfeited | shares	(48,000)
Non-vested shares, end of year | shares	594,000
Weighted- Average Grant Date Fair Value, Non-vested, beginning of year (in dollars per share)	$ 5.69
Weighted- Average Grant Date Fair Value, Granted (in dollars per share)	6
Weighted- Average Grant Date Fair Value, Vested (in dollars per share)	5.74
Weighted- Average Grant Date Fair Value, Forfeited (in dollars per share)	5.70
Weighted- Average Grant Date Fair Value, Non-vested, end of year (in dollars per share)	$ 5.79

STOCK-BASED COMPENSATION (Det59

STOCK-BASED COMPENSATION (Details 3) - Performance Shares [Member]	9 Months Ended
	Sep. 30, 2015shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested shares, beginning of year	23,000
Non-vested shares, Granted	0
Non-vested shares, Vested	0
Non-vested shares, Forfeited	(23,000)
Non-vested shares, end of year	0

STOCK-BASED COMPENSATION (Det60

STOCK-BASED COMPENSATION (Details Textual) - USD ($)	1 Months Ended	3 Months Ended				9 Months Ended
	Mar. 21, 2014	Sep. 30, 2015	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Sep. 30, 2015	Sep. 30, 2014	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense		$ 65,000	$ 143,000			$ 221,000	$ 457,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Total Intrinsic Value						1,522,000	192,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value						497,000	702,000
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized		$ 545,000				$ 545,000
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition	15 months					2 years 5 months 1 day
Adjustments to Additional Paid in Capital, Share-based Compensation, Stock Options, Requisite Service Period Recognition				$ 49,000
Separation Agreement [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense					$ 327,000
Stock Option Plan 1995 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized		1,250,000				1,250,000
Stock Option Plan 1999 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized		2,813,000				2,813,000
Director Option Plan 1999 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized		600,000				600,000
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense		$ 401,000	$ 186,000			$ 1,010,000	$ 500,000
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized		$ 2,870,000				$ 2,870,000
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition						2 years 10 months 10 days
Equity Compensation Plan 2007 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized		2,500,000				2,500,000
2009 Director Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized		600,000				600,000
Equity Compensation Plan 2015 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized								1,200,000

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015		Sep. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Foreign currency items, Balance at Beginning			$ (360,000)		$ (97,000)
Foreign currency items, Net current period change			0		(116,000)
Foreign currency items, Balance at End	$ (360,000)	$ (213,000)	(360,000)		(213,000)
Unrealized gain (losses) on investments, Balance at Beginning			(15,000)		(9,000)
Unrealized gain (losses) on investments, Net current period change			24,000		(10,000)
Unrealized gain (losses) on investments, Balance at End	9,000	(19,000)	9,000		(19,000)
Accumulated other comprehensive income, Balance at Beginning			(375,000)	[1]	(106,000)
Accumulated other comprehensive income, Net current period change	153,000	(212,000)	24,000		(126,000)
Accumulated other comprehensive income, Balance at End	$ (351,000)	$ (232,000)	$ (351,000)		$ (232,000)
[1]	Derived from audited balance sheet as of December 31, 2014.

STOCKHOLDERS' EQUITY (Details T

STOCKHOLDERS' EQUITY (Details Textual)	1 Months Ended	3 Months Ended			9 Months Ended
	Aug. 22, 2011USD ($)$ / sharesshares	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2011shares	Sep. 30, 2015USD ($)shares	Sep. 30, 2014USD ($)shares
Class of Stock [Line Items]
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net Of Tax | $		$ 141,000	$ (192,000)		$ 0	$ (116,000)
Shares Paid for Tax Withholding for Share Based Compensation					75,000	24,000
Adjustments Related to Tax Withholding for Share-based Compensation | $					$ 455,000	$ 137,000
Time Line Agreed To File Form S3 From Date Of Request (In Days)					30
Time Line Agreed To Declare Registration Statement Effective From Date Of Request Without Reviews (In Days)					90
Time Line Agreed To Declare Registration Statement Effective From Date Of Request With Reviews (In Days)					120
Number Of Warrants Vested				100,000
Number Of Warrants Nonvested					500,000
Avis Budget Group, Inc. [Member]
Class of Stock [Line Items]
Units Covered Under System and Maintenance Services	25,000
Stock Issued During Period, Value, Treasury Stock Reissued | $	$ 4,604,500
Stock Issued During Period Price Per Share (in dollars per share) | $ / shares	$ 4.60
Stock Issued During Period, Shares, Treasury Stock Reissued	1,000,000
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	600,000
Warrants Exercisable Description					The Warrant is exercisable (i) with respect to 100,000 of the Warrant Shares, at any time after the Effective Date and on or before the fifth (5th) anniversary thereof, and (ii) with respect to 500,000 of the Warrant Shares, at any time on or after the date (if any) on which ABCR, the Avis entity that is the counterparty under the Master Agreement, executes and delivers to the Company a second SOW (“SOW#2”) for the purchase of additional units, and on or before the fifth (5th) anniversary of the Effective Date.
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares	$ 10

NET LOSS PER SHARE OF COMMON 63

NET LOSS PER SHARE OF COMMON STOCK (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Basic and diluted loss per share
Net loss	$ (1,895,000)	$ (2,444,000)	$ (8,982,000)	$ (6,980,000)
Weighted-average shares outstanding (in shares)	12,768,000	12,107,000	12,523,000	12,072,000
Basic and diluted net loss per share (in dollars per share)	$ (0.15)	$ (0.20)	$ (0.72)	$ (0.58)

NET LOSS PER SHARE OF COMMON 64

NET LOSS PER SHARE OF COMMON STOCK (Details Textual) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1,949,000	3,015,000	1,949,000	3,015,000

ACCOUNTS PAYABLE AND ACCRUED 65

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Accounts Payable And Accrued Expenses [Line Items]
Accounts payable	$ 8,639,000	$ 7,190,000
Accrued warranty	507,000	942,000
Accrued severance	0	180,000
Accrued compensation	372,000	1,360,000
Other current liabilities	281,000	430,000
Accounts Payable and Accrued Liabilities, Current	$ 9,799,000	$ 10,102,000	[1]
[1]	Derived from audited balance sheet as of December 31, 2014.

ACCOUNTS PAYABLE AND ACCRUED 66

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details 1) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Movement in Standard Product Warranty Accrual [Roll Forward]
Accrued warranty reserve, beginning of period	$ 942,000	$ 522,000
Accrual for product warranties issued	371,000	240,000
Product replacements and other warranty expenditures	(162,000)	(116,000)
Expiration of warranties	(644,000)	(154,000)
Accrued warranty reserve, end of period	$ 507,000	$ 492,000

CAPITAL LEASE OBLIGATION (Detai

CAPITAL LEASE OBLIGATION (Details)	Sep. 30, 2015USD ($)
Year ending December 31:
October - December 2015	$ 29,000
Less: amount representing interest	(1,000)
Total	$ 28,000

CAPITAL LEASE OBLIGATION (Det68

CAPITAL LEASE OBLIGATION (Details Textual)	9 Months Ended
	Sep. 30, 2015USD ($)
Capital Leased Assets [Line Items]
Capital Lease Payable Monthly Installment Value Including Interest	$ 14,000
Percentage Of Interest Capital Lease	12.82%
Capital Lease Maturity Date	December 2,015
Capital Leases, Equipment Residual Value	$ 1

INCOME TAXES (Details Textual)

INCOME TAXES (Details Textual) - USD ($)	1 Months Ended	9 Months Ended
	Jan. 31, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2013
Income Taxes [Line Items]
Sale Approved Net Value				$ 760,000
Proceeds From Sale Of Tax Benefits	$ 63,000	$ 0	$ 63,000
Sale Approved Percentage				7.40%
New Jersey [Member]
Income Taxes [Line Items]
Operating Loss Carryforwards				$ 10,338,000

CONCENTRATION OF CUSTOMERS (Det

CONCENTRATION OF CUSTOMERS (Details Textual)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Sales Revenue, Net [Member] | Customer One [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	23.00%
Sales Revenue, Net [Member] | Customer Two [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage		16.00%
Accounts Receivable [Member] | Customer One [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	16.00%	16.00%
Accounts Receivable [Member] | Customer Two [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	13.00%
Financing Receivable [Member] | Customer One [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	12.00%	50.00%
Customer Concentration Risk [Member] | Sales Revenue, Net [Member] | Customer Two [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage		17.00%

STOCK REPURCHASE PROGRAM (Detai

STOCK REPURCHASE PROGRAM (Details Textual) - USD ($)	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014		Nov. 03, 2010
Equity, Class of Treasury Stock [Line Items]
Treasury Stock, Shares	743,000	664,000
Treasury Stock, Value	$ 4,045,000	$ 3,590,000	[1]
Share Repurchase Program [Member]
Equity, Class of Treasury Stock [Line Items]
Treasury Stock, Shares	310,000
Treasury Stock, Value	$ 1,340,000
Treasury Stock Acquired, Average Cost Per Share	$ 4.33
Stock Repurchase Program, Authorized Amount				$ 3,000,000
[1]	Derived from audited balance sheet as of December 31, 2014.

WHOLLY OWNED FOREIGN SUBSIDIA72

WHOLLY OWNED FOREIGN SUBSIDIARIES (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Foreign Subsidiaries Financial Information Disclosure [Line Items]
Net revenue	$ 10,581,000	$ 11,739,000	$ 31,627,000	$ 32,888,000
Net income (loss)	(1,895,000)	(2,444,000)	(8,982,000)	(6,980,000)
IDS GmbH [Member]
Foreign Subsidiaries Financial Information Disclosure [Line Items]
Net revenue	157,000	1,321,000	1,032,000	3,089,000
Net income (loss)	$ (209,000)	$ 241,000	$ (245,000)	$ 530,000

WHOLLY OWNED FOREIGN SUBSIDIA73

WHOLLY OWNED FOREIGN SUBSIDIARIES (Details 1) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Foreign Subsidiaries Financial Information Disclosure [Line Items]
Net revenue	$ 10,581,000	$ 11,739,000	$ 31,627,000	$ 32,888,000
Net loss	(1,895,000)	(2,444,000)	(8,982,000)	(6,980,000)
IDS Ltd [Member]
Foreign Subsidiaries Financial Information Disclosure [Line Items]
Net revenue	89,000	74,000	374,000	246,000
Net loss	$ (120,000)	$ (145,000)	$ (199,000)	$ (316,000)

WHOLLY OWNED FOREIGN SUBSIDIA74

WHOLLY OWNED FOREIGN SUBSIDIARIES (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Foreign Subsidiaries Financial Information Disclosure [Line Items]
Assets, Total	$ 45,643,000		$ 45,643,000		$ 52,486,000	[1]
Foreign Currency Transaction Gain (Loss), Realized	(2,000)	$ (75,000)	(56,000)	$ (43,000)
IDS GmbH [Member]
Foreign Subsidiaries Financial Information Disclosure [Line Items]
Assets, Total	3,640,000		3,640,000		4,235,000
IDS Ltd [Member]
Foreign Subsidiaries Financial Information Disclosure [Line Items]
Assets, Total	$ 1,297,000		$ 1,297,000		$ 1,937,000
[1]	Derived from audited balance sheet as of December 31, 2014.

REDUCTION IN WORK FORCE (Detail

REDUCTION IN WORK FORCE (Details Textual)	1 Months Ended	3 Months Ended	9 Months Ended
	Jul. 31, 2015	Sep. 30, 2015USD ($)	Sep. 30, 2015USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Number of Positions Eliminated	27
Restructuring and Related Cost, Number of Positions Eliminated, Period Percent	20.00%
Employee Severance [Member]
Restructuring Cost and Reserve [Line Items]
Severance Costs		$ 280,000	$ 280,000
Employee Severance [Member] | Research and Development Expense [Member]
Restructuring Cost and Reserve [Line Items]
Severance Costs		30,000	30,000
Employee Severance [Member] | General and Administrative Expense [Member]
Restructuring Cost and Reserve [Line Items]
Severance Costs		$ 250,000	$ 250,000

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Textual) - USD ($)	3 Months Ended			9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Mar. 31, 2014	Sep. 30, 2015	Sep. 30, 2014
Other Commitments [Line Items]
Allocated Share-Based Compensation Expense	$ 65,000	$ 143,000		$ 221,000	$ 457,000
Severance Agreements				The Company is not currently subject to any material commitments or contingencies and legal proceedings, nor, to management’s knowledge, is any material legal proceeding threatened against the Company
Separation Agreement [Member]
Other Commitments [Line Items]
Allocated Share-Based Compensation Expense			$ 327,000
Severance Costs			$ 523,000