XML 42 R30.htm IDEA: XBRL DOCUMENT v3.8.0.1

INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2017

Income Tax Disclosure [Abstract]

Schedule of statutory federal income tax rate

The difference between the effective income tax rate and the applicable statutory federal income tax rate is summarized as follows:

		2017				2016
Statutory federal rate			(35.0	)%			(35.0	)%
State income tax rate, net of federal benefit			(3.5	)%			(3.5	)%
Permanent differences, including stock based compensation			5.9	%			25.5	%
Change in valuation allowance			23.1	%			13.0	%
Difference in foreign tax rates			9.5	%			0.0	%
Effective tax rate			0.0	%			0.0	%

Schedule of deferred tax assets

At December 31, 2017 and 2016, the Company’s deferred tax assets were as follows:

Deferred Tax Liability		2017				2016
Property and equipment			(7,000	)			—
Total deferred tax liability			(7,000				0.0

Deferred Tax Assets		2017				2016
Federal and state net operating loss carry forward			11,767,000				17,248,000
Foreign net operating loss carry forward			1,455,000				—
Other temporary differences			39,000				—
Total deferred tax asset			13,261,000				17,248,000
Net deferred tax asset			13,254,000				17,248,000
Less valuation allowance			(13,254,000	)			(17,268,000	)
		$	—			$	—

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration