XML 53 R26.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Note 11 - Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Notes Tables |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
|  | 201 7 |  |  | 201 6 |
Deferred tax assets: |  |  |  |  |  |  |  |
Net operating loss carryforward |  | $ | 16,273,259 |  |  | $ | 24,689,298 |
Research and development tax credit carryforward |  |  | 949,340 |  |  |  | 892,231 |
Stock-based compensation expense |  |  | 1,709,867 |  |  |  | 2,748,899 |
Accrued salaries and directors ’ fees |  |  | 185,961 |  |  |  | - |
Depreciation |  |  | 5,532 |  |  |  | 1,331 |
Total deferred tax assets |  |  | 19,123,959 |  |  |  | 28,331,759 |
Deferred tax liabilities |  |  | - |  |  |  | - |
Net deferred tax assets |  |  | 19,123,959 |  |  |  | 28,331,759 |
Valuation allowance |  |  | (19,123,959 | ) |  |  | (28,331,759 | )
Net deferred tax asset after reduction for valuation allowance |  | $ | -0- |  |  | $ | -0- |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
|  | 201 7 |  |  | 201 6 |  |  | 20 15 |
U.S. federal statutory rate applied to pretax loss |  | $ | (737,855 | ) |  | $ | (1,112,378 | ) |  | $ | (936,936 | )
Permanent differences |  |  | 436 |  |  |  | 2,012 |  |  |  | 2,914 |
Research and development credits |  |  | 57,109 |  |  |  | 59,087 |  |  |  | 67,901 |
Impact of Tax Act |  |  | 10,086,795 |  |  |  | - |  |  |  | - |
Change in valuation allowance |  |  | (9,406,485 | ) |  |  | 1,051,279 |  |  |  | 866,121 |
Reported income tax expense |  | $ | -0- |  |  | $ | -0- |  |  | $ | -0- |

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=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://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=84230637&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration