Annual report pursuant to Section 13 and 15(d)

Note 10 - Income Taxes (Tables)

v3.6.0.2
Note 10 - Income Taxes (Tables)
12 Months Ended
Dec. 31, 2016
Notes Tables  
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
 
 
Year Ended
 
 
 
December 31,
 
 
 
2016
 
 
2015
 
                 
Income tax provision (benefit) at statutory rate
   
(34
)%    
(34
)%
State income taxes, net of federal benefit
   
(2
)%    
(6
)%
Change in valuation allowance
   
33
%    
39
%
Other
   
3
%    
1
%
Effective tax rate
   
-
%    
-
%
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
 
 
December 31,
 
 
 
2016
 
 
2015
 
Deferred tax assets:
               
Net operating loss carryforwards
  $
16,888
    $
10,726
 
Capitalized start up costs
   
5,944
     
7,225
 
Research and development credits
   
518
     
248
 
Accruals and reserves
   
1,095
     
497
 
Total deferred tax assets
   
24,445
     
18,696
 
Deferred tax liabilities:
               
Fixed assets and depreciation
   
(7
)    
(8
)
Valuation allowance
   
(24,438
)    
(18,688
)
                 
Net deferred tax assets
  $
-
    $
-
 
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]
 
 
Year Ended
 
 
 
December 31,
 
 
 
2016
 
 
2015
 
                 
Balance at the beginning of the year
  $
128
    $
97
 
Additions based upon tax positions related to the current year
   
140
     
31
 
Balance at the end of the year
  $
268
    $
128