XML 61 R30.htm IDEA: XBRL DOCUMENT
v3.20.1

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Income Tax Disclosure [Abstract] |
Components of Income/(Loss) Before Income Tax Provision (Benefit) | The components of income/(loss) from continuing operations before income tax provision (benefit) as of December 31, 2019 and 2018 are as follows (in thousands):
|  | 2019 |  |  | 2018 |
U.S. |  | $ | (3,439 | ) |  | $ | (8,346 | )
Foreign |  |  | 403 |  |  |  | (507 | )
|  | $ | (3,036 | ) |  | $ | (8,853 | )
Reconciliation of Total Income Tax Provision | A reconciliation of the total income tax provision tax rate to the statutory federal income tax rates of 21% for the years ended December 31, 2019 and 2018, respectively, is as follows:
|  | 2019 |  |  | 2018 |
Income tax expense (benefit) at federal statutory rate |  |  | (21.0 | )% |  |  | (21.0 | )%
Income tax expense (benefit) at state statutory rate |  |  | (12.2 | )% |  |  | (6.1 | )%
Change in valuation allowance |  |  | 23.0 | % |  |  | 34.8 | %
Change in state rate |  |  | (1.3 | )% |  |  | (0.1 | )%
Permanent interest adjustments |  |  | 1.1 | % |  |  | 0.7 | %
Stock compensation |  |  | 13.7 | % |  |  | 1.8 | %
Research credit |  |  | (1.8 | )% |  |  | (1.4 | )%
Return to provision |  |  | 3.1 | % |  |  | (3.4 | )%
NOLs expiring and adjustments to NOL |  |  | 19.2 | % |  |  | — |
Mark to market adjustment |  |  | (24.0 | )% |  |  | (5.3 | )%
Other, net |  |  | 0.2 | % |  |  | — |
|  |  | 0.0 | % |  |  | (0.0 | )%
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, 2019 and 2018 are as follows (in thousands):
|  | 2019 |  |  | 2018 |
Deferred tax assets: |  |  |  |  |  |  |  |
Allowances and reserves |  | $ | 6 |  |  | $ | 270 |
Accrued expenses |  |  | 283 |  |  |  | 122 |
Stock based compensation |  |  | 657 |  |  |  | 996 |
Net operating loss carryforwards |  |  | 92,659 |  |  |  | 91,197 |
Income tax credit carryforwards |  |  | 8,749 |  |  |  | 8,671 |
Property and equipment, principally due to differences in depreciation |  |  | 95 |  |  |  | 548 |
Intangible assets |  |  | 370 |  |  |  |  |
Other, net |  |  | 217 |  |  |  | 38 |
|  |  | 103,036 |  |  |  | 101,842 |
Valuation allowance |  |  | (102,822 | ) |  |  | (101,091 | )
Total deferred tax assets, net of allowance |  |  | 214 |  |  |  | 751 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Other |  |  | (214 | ) |  |  | (751 | )
Total deferred tax liability |  |  | (214 | ) |  |  | (751 | )
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, 2019 and 2018 (in thousands):
|  | 2019 |  |  | 2018 |
Unrecognized Tax Benefits – Beginning |  | $ | 2,216 |  |  | $ | 2,157 |
Gross increases – tax positions in prior period |  |  | — |  |  |  | 1 |
Gross decreases – tax positions in prior period |  |  | (18 | ) |  |  | (3 | )
Gross increase – current-period tax positions |  |  | 36 |  |  |  | 61 |
Unrecognized Tax Benefits – Ending |  | $ | 2,234 |  |  | $ | 2,216 |

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://fasb.org/us-gaap/role/ref/legacyRef -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://fasb.org/us-gaap/role/ref/legacyRef -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

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)(1)(i)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 55 -Paragraph 217 -URI http://asc.fasb.org/extlink&oid=117331294&loc=d3e36027-109320 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15A -URI http://asc.fasb.org/extlink&oid=84230637&loc=SL6600010-109319 + Details
Name: | us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration