Income Taxes (Details Textual) - USD ($) $ in Thousands |
1 Months Ended | 12 Months Ended | |
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Dec. 22, 2017 |
Dec. 31, 2018 |
Dec. 31, 2017 |
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Income Taxes (Textual) | |||
Net losses before income taxes | $ (9,803) | $ (25,938) | |
Net losses relating to U.S. operations | $ 9,900 | 25,800 | |
U.S. federal statutory income tax rate | 21.00% | ||
Net operating loss carryforwards federal | $ 98,300 | ||
Net operating loss carryforwards state | $ 51,000 | ||
Net operating losses expiration date | Dec. 31, 2030 | ||
R&D credit carryforwards federal | $ 948 | ||
R&D credit carryforwards state | $ 500 | ||
Federal and Texas R&D credits expire | Dec. 31, 2034 | ||
Valuation allowance | $ 28,401 | $ 25,148 | |
U.S. corporate income tax rate, description | The Tax Act significantly revised the U.S. corporate income tax regime by, among other things, lowering the corporate tax rate from 35% to 21%. The Tax Act reduced the U.S. corporate income tax rate from 35% to 21%, effective January 1, 2018. The Company re-measured its deferred tax assets and liabilities as of December 31, 2017, applying the reduced corporate income tax rate and recorded a provisional decrease to the deferred tax assets and liabilities of $12.7 million, with a corresponding adjustment to the valuation allowance. | ||
Description of federal net operating losses | The federal net operating losses of $85.7 million which were generated in tax years beginning before January 1, 2018, will begin to expire in 2030 if not utilized. The balance of the net operating losses, $12.6 million do not expire. The state net operating losses expire at various times depending on the state with a majority beginning to expire in 2030 if not utilized. | ||
Decrease to deferred tax assets and liabilities | $ 12,700 |
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- Definition Decrease to deferred tax assets and liabilities. No definition available.
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- Definition Federal and Texas R&D credits expire. No definition available.
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible research tax credit carryforwards. No definition available.
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible research tax credit carryforwards. No definition available.
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- References No definition available.
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- Definition Income Taxes (Textual). No definition available.
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible foreign operating loss carryforwards. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible state and local operating loss carryforwards. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of valuation allowance of deferred tax asset attributable to deductible temporary differences and carryforwards, classified as current. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Percentage of domestic federal statutory tax rate applicable to pretax income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Expiration date of each operating loss carryforward included in operating loss carryforward, in CCYY-MM-DD format. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A description of the limitations on the use of all operating loss carryforwards available to reduce future taxable income. No definition available.
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