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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation

The Company’s provision for income taxes from continuing operations for the years ended December 31, 2015 and 2014 relates to income taxes in states, foreign countries and other local jurisdictions and differs from the amounts determined by applying the statutory Federal income tax rate to loss before income taxes for the following reasons:

		Dollars in Thousands
		2015				2014
Benefit at federal rate		$	(3,449	)		$	(3,665	)
Increase (decrease) resulting from:
State income taxes—net of federal benefit		(320		)		(401		)
Miscellaneous permanent differences		163				223
Liability warrants		70				(154		)
State, net operating loss expiration/true-up		(187		)		(327		)
Other—net		(119		)		2
Valuation allowance		3,842				4,322
Total income tax expense (benefit)		$	—			$	—

Schedule of Components of Income Tax Expense (Benefit)

		Dollars in Thousands
		2015				2014
Federal:
Current		$	—			$	—
Deferred		—				—
Total Federal		$	—			$	—
State:
Current		$	—			$	—
Deferred		—				—
Total State		$	—			$	—
Foreign:
Current		$	—			$	—
Deferred		—				—
Total Foreign		$	—			$	—
Total Tax Provision		$	—			$	—

Schedule of Deferred Tax Assets and Liabilities

The Company’s deferred income tax asset from continuing operations at December 31, 2015 and 2014 is comprised of the following temporary differences:

		Dollars in Thousands
		2015				2014
Deferred Tax Asset:
Net operating loss carryforward		$	51,449			$	46,051
Research and development credit carryforwards		918				918
Other		585				539
		52,952				47,508
Less valuation allowance		(52,902		)		(47,406		)
Deferred Tax Asset		$	50			$	102
Deferred Tax Liability:
Property and equipment		50				102
Deferred Tax Liability		$	50			$	102
Net Deferred Asset (Liability)		$	—			$	—

Summary of Operating Loss Carryforwards

At December 31, 2015, we had total unused federal tax net operating loss carryforwards of $142.9 million. The expiration dates are as follows (amounts in thousands):

2018	$	1,838
2019	8,181
2020	9,662
2021	8,228
2022	16,862
2023	16,173
2024	17,390
2025	8,153
2026	6,792
2027	3,238
2028	1,272
2029	591
2031	2,784
2032	8,358
2033	12,097
2034	7,591
2035	13,645
Total	$	142,855

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

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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.

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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

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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

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-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

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Tabular disclosure of pertinent information, such as tax authority, amounts, and expiration dates, of net operating loss carryforwards, including an assessment of the likelihood of utilization.

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-Name Accounting Standards Codification
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