Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Schedule of Deferred Tax Assets and Liabilities

Significant components of the Company’s deferred tax assets for federal and state income taxes as of December 31, 2015 and 2014 are as follows:

	2015			2014
Deferred tax assets:
Net operating loss carryforwards	$	18,950,000		$	17,164,000
Stock-based compensation		275,000			-
Reserves		24,000			32,000
Deferred rent		38,000			51,000
Research and development tax credits		136,000			109,000
Total deferred tax assets		19,423,000			17,356,000
Deferred tax liabilities:
Intangible assets		(698,000	)		(1,108,000	)
Depreciation		(83,000	)		(140,000	)
Other		-			(1,000	)
Total deferred tax liabilities		(781,000	)		(1,249,000	)
Net deferred tax assets		18,642,000			16,107,000
Less: Valuation allowance		18,642,000			(16,107,000	)
Deferred tax assets, net of allowance	$	-		$	-