XML 53 R34.htm IDEA: XBRL DOCUMENT v3.3.1.900

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Taxes [Abstract]

Reconciliation of Total Income Tax Provision

A reconciliation of the total income tax provision tax rate to the statutory federal income tax rate of 34% for the years ended December 31, 2015, 2014 and 2013 is as follows:

		2015				2014				2013
Income tax expense (benefit) at federal statutory rate			(34.00	)%			(34.00	)%			(34.00	)%
Income tax expense (benefit) at state statutory rate			(4.40	)%			(3.52	)%			(3.54	)%
Gain on previously held equity interest in joint venture			0.00	%			0.00	%			(7.02	)%
Mark to market permanent adjustment			(13.91	)%			(0.37	)%			(2.15	)%
Change in valuation allowance			(7.45	)%			27.12	%			80.13	%
Change in state rate			(0.09	)%			0.02	%			(1.01	)%
Permanent interest adjustments			6.25	%			4.17	%			0.00	%
Stock compensation			20.43	%			0.00	%			0.00	%
Transfer pricing			18.49	%			0.00	%			0.00	%
Debt refinance permanent adjustment			0.00	%			3.92	%			0.00	%
Acquired NOL’s/Intangibles from joint venture			0.00	%			0.00	%			(33.40	)%
Research credit			(2.37	)%			(0.74	)%			(3.75	)%
Foreign rate differential			0.69	%			0.00	%			2.48	%
NOLs expiring and adjustments to NOL			13.92	%			0.00	%			0.00	%
Other, net			2.44	%			3.40	%			2.26	%
			0.00	%			0.00	%			0.00	%

Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to significant portions of our deferred tax assets and deferred tax liabilities as of December 31, 2015 and 2014 are as follows:

		2015				2014
Deferred tax assets:
Allowances and reserves		$	673,000			$	825,000
Accrued expenses			951,000				502,000
Deferred revenue and gain-on-sale			39,000				32,000
Stock based compensation			4,547,000				7,786,000
Net operating loss carryforwards			119,000,000				117,258,000
Income tax credit carryforwards			7,437,000				6,993,000
Property and equipment, principally due to differences in depreciation			683,000				926,000
Other,net			16,000				77,000
			133,346,000				134,399,000
Valuation allowance			(131,187,000	)			(132,583,000	)
Total deferred tax assets, net of allowance			2,159,000				1,816,000
Deferred tax liabilities:
Intangibles			(2,159,000	)			(1,816,000	)
Total deferred tax liability			(2,159,000	)			(1,816,000	)
Net deferred tax assets (liability		$	—			$	—

Unrecognized Tax Benefits Activity

Following is a tabular reconciliation of the unrecognized tax benefits activity during the years ended December 31, 2015, 2014 and 2013:

		2015				2014				2013
Unrecognized Tax Benefits – Beginning		$	1,852,000			$	1,723,000			$	1,394,000
Gross increases – tax positions in prior period			—				—				69,000
Gross decreases – tax positions in prior period			—				—				—
Gross increase – current-period tax positions			135,000				129,000				260,000
Settlements			—				—				—
Lapse of statute of limitations			—				—				—
Unrecognized Tax Benefits – Ending		$	1,987,000			$	1,852,000			$	1,723,000

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=6907707&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=6907707&loc=d3e32687-109319

+ Details

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

X

- Definition

Tabular disclosure of the change in unrecognized tax benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 55
-Paragraph 217
-URI http://asc.fasb.org/extlink&oid=51663037&loc=d3e36027-109320

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15A
-URI http://asc.fasb.org/extlink&oid=6907707&loc=SL6600010-109319

+ Details

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