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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2016
Income Tax Disclosure [Abstract] |
Schedule of Income Tax Provisions | The December 31, 2016, 2015 and 2014 income tax provision is as follows:
|  | For the Year Ended December 31, |
|  | 2016 |  |  | 2015 |  |  | 2014 |
Current: |  |  |  |  |  |  |  |  |  |  |  |
U.S. federal |  | $ | — |  |  | $ | — |  |  | $ | — |
State and local |  |  | 2,015 |  |  |  | 622 |  |  |  | 6,171 |
Total current provision |  |  | 2,015 |  |  |  | 622 |  |  |  | 6,171 |
Deferred: |  |  |  |  |  |  |  |  |  |  |  |
U.S. federal |  |  | 6,124 |  |  |  | — |  |  |  | — |
State and local |  |  | 42 |  |  |  | — |  |  |  | — |
Total deferred provision |  |  | 6,166 |  |  |  | — |  |  |  | — |
Total tax provision |  | $ | 8,181 |  |  | $ | 622 |  |  | $ | 6,171 |
Schedule of Reconciliation of Income Tax Provision to Statutory Federal Income Tax Rate | 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, 2016, 2015 and 2014 is as follows:
|  | For the Year Ended December 31, |
|  | 2016 |  |  | 2015 |  |  | 2014 |
Income taxes at statutory rates |  | $ | 1,272,242 |  |  | $ | (91,705 | ) |  | $ | 1,222,120 |
State income tax, net of federal benefit |  |  | 2,054 |  |  |  | 411 |  |  |  | 4,132 |
Permanent items |  |  | 171,704 |  |  |  | 171,963 |  |  |  | 111,001 |
Section 382 limitation expiration |  |  | — |  |  |  | — |  |  |  | 1,712,466 |
Warrant liability |  |  | (156,498 | ) |  |  | (34,160 | ) |  |  | (947,432 | )
Federal NOL expired |  |  | (206,133 | ) |  |  | — |  |  |  | — |
Other |  |  | 11,104 |  |  |  | — |  |  |  | — |
Research and development credit |  |  | (141,494 | ) |  |  | 628,573 |  |  |  | (143,114 | )
Change in federal valuation allowance |  |  | (944,798 | ) |  |  | (674,460 | ) |  |  | (1,953,002 | )
|  | $ | 8,181 |  |  | $ | 622 |  |  | $ | 6,171 |
Deferred Income Tax Assets and Liabilities | The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, 2016 and 2015 are as follows:
|  | For the Year Ended December 31, |
|  | 2016 |  |  | 2015 |
Deferred tax assets: |  |  |  |  |  |  |  |
Net operating loss carryforwards |  | $ | 6,786,922 |  |  | $ | 9,008,344 |
Capitalization of patent costs, goodwill and amortization |  |  | 332,901 |  |  |  | 441,076 |
Capitalization of acquisition costs |  |  | 43,523 |  |  |  | 35,264 |
Research and AMT credits |  |  | 1,689,883 |  |  |  | 1,421,251 |
Stock based compensation |  |  | 160,182 |  |  |  | 180,675 |
Deferred lease obligation |  |  | 182,550 |  |  |  | 274,164 |
Other timing differences |  |  | 51,314 |  |  |  | 41,045 |
|  |  | 9,247,275 |  |  |  | 11,401,819 |
Less valuation allowance |  |  | (9,028,241 | ) |  |  | (11,103,399 | )
Total deferred tax assets |  | $ | 219,034 |  |  | $ | 298,420 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Fixed assets |  |  | (219,034 | ) |  |  | (298,420 | )
Goodwill |  |  | (6,166 | ) |  |  | — |
Total deferred tax liabilities |  | $ | (225,200 | ) |  | $ | (298,420 | )
Total deferred tax assets (liabilities) |  | $ | (6,166 | ) |  | $ | — |
Summary of Reconciliation of Unrecognized Tax Benefit Activity | The following table summarizes the reconciliation of the unrecognized tax benefits activity during the years ended December 31, 2016 and 2015:
|  | For the Year Ended December 31, |
|  | 2016 |  |  | 2015 |
Beginning unrecognized tax benefits |  | $ | 1,408,000 |  |  | $ | 1,408,000 |
Decreases related to prior year tax positions |  |  | (53,000 | ) |  |  | — |
Increases related to current year tax positions |  |  | 177,000 |  |  |  | — |
Ending unrecognized tax benefits |  | $ | 1,532,000 |  |  | $ | 1,408,000 |

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