Income Taxes	9 Months Ended
Sep. 30, 2018
Income Tax Disclosure [Abstract]
Income Taxes	6. INCOME TAXES The Company is a Singapore multi-national company subject to taxation in the United States and various other jurisdictions. During the three months ended September 30, 2018 and 2017, the Company recorded no income tax benefit or provision and an income tax benefit of $0.4 million, respectively. No income tax benefit or provision was recorded during the three months ended September 30, 2018 as a result of having a full valuation in all jurisdictions. The income tax benefit recorded during the three months ended September 30, 2017 was the result of the implementation of a revised international corporate structure aligned with the Company’s international operations. During the nine months ended September 30, 2018 and 2017, the Company recorded an income tax provision of $0.2 million and $1.0 million, respectively. The income tax provision recorded during the nine months ended September 30, 2018 was mainly the result of return to provision adjustments related to the filing of Wave Japan’s 2017 tax return. The income tax provision recorded during the nine months ended September 30, 2017 was primarily the result of the establishment of a valuation allowance against our U.S. deferred tax assets. The Company recorded no income tax benefits for the net operating losses incurred during the three and nine months ended September 30, 2018 in Singapore, the United States, the United Kingdom or Ireland, due to its uncertainty of realizing a benefit from those items. The Company recorded no income tax benefits for the net operating losses incurred during the three and nine months ended September 30, 2017 in Singapore, Japan, the United Kingdom or Ireland, due to its uncertainty of realizing a benefit from those items. The Company’s reserves related to taxes and its accounting for uncertain tax positions are based on a determination of whether and how much of a tax benefit taken by the Company in its tax filings or positions is more-likely-than-not to be realized following resolution of any potential contingencies present related to the tax benefit.

6. INCOME TAXES

The Company is a Singapore multi-national company subject to taxation in the United States and various other jurisdictions.

During the three months ended September 30, 2018 and 2017, the Company recorded no income tax benefit or provision and an income tax benefit of $0.4 million, respectively. No income tax benefit or provision was recorded during the three months ended September 30, 2018 as a result of having a full valuation in all jurisdictions. The income tax benefit recorded during the three months ended September 30, 2017 was the result of the implementation of a revised international corporate structure aligned with the Company’s international operations.

During the nine months ended September 30, 2018 and 2017, the Company recorded an income tax provision of $0.2 million and $1.0 million, respectively. The income tax provision recorded during the nine months ended September 30, 2018 was mainly the result of return to provision adjustments related to the filing of Wave Japan’s 2017 tax return. The income tax provision recorded during the nine months ended September 30, 2017 was primarily the result of the establishment of a valuation allowance against our U.S. deferred tax assets.

The Company recorded no income tax benefits for the net operating losses incurred during the three and nine months ended September 30, 2018 in Singapore, the United States, the United Kingdom or Ireland, due to its uncertainty of realizing a benefit from those items. The Company recorded no income tax benefits for the net operating losses incurred during the three and nine months ended September 30, 2017 in Singapore, Japan, the United Kingdom or Ireland, due to its uncertainty of realizing a benefit from those items.

The Company’s reserves related to taxes and its accounting for uncertain tax positions are based on a determination of whether and how much of a tax benefit taken by the Company in its tax filings or positions is more-likely-than-not to be realized following resolution of any potential contingencies present related to the tax benefit.