XML 55 R40.htm IDEA: XBRL DOCUMENT v3.8.0.1
Income Taxes - Reconciliation (Details) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Reconciliation of federal statutory income tax to effective income tax      
Federal statutory income tax rate $ (16,917,000) $ 7,718,000 $ (6,157,000)
State and local income taxes (2,436,000) 1,451,000  
Research and development credit (5,554,000) (2,544,000) 708,000
Stock based compensation 2,709,000 733,000 651,000
Effect of the 2017 Tax Cuts and Jobs Act 23,859,000    
Other 262,000 8,000 14,000
Net change in valuation allowance (2,386,000) (6,366,000) 4,784,000
Income tax provision $ (463,000) $ 1,000,000  
State      
Reconciliation of federal statutory income tax to effective income tax      
Current Income Tax Expense (Benefit)     0
Federal      
Reconciliation of federal statutory income tax to effective income tax      
Current Income Tax Expense (Benefit)     $ 0