XML 57 R34.htm IDEA: XBRL DOCUMENT v3.19.1
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2018
Income Tax Disclosure [Abstract]  
Schedule of Components of Loss Before Income Taxes
The components of the Company’s loss before income taxes are as follows (in thousands):
 
Year Ended December 31,
 
2018
 
2017
Domestic
(16,835
)
 
(22,717
)
Foreign
(618
)
 
(322
)
Loss before income taxes
(17,453
)
 
(23,039
)
Schedule of Components of Income Tax Expense
The components of income tax expense are as follows (in thousands):
 
Year Ended December 31,
 
2018
 
2017
Current tax expense:
 
 
 
Federal
$

 
$

State

 

Foreign

 

Total current tax expense

 

 
 
 
 
Deferred tax expense:
 
 
 
Federal
3,555

 
(9,574
)
State
822

 
2,061

Foreign
200

 

Total deferred tax expense
4,577

 
(7,513
)
Change in deferred tax valuation allowance
(4,577
)
 
7,513

 
 
 
 
Net deferred tax expense

 

Provision for income taxes
$

 
$

Schedule of Effective Income Tax Rate Reconciliation
Income tax expense differs from the amount computed by applying the statutory federal income tax rate due to the following:
 
Year Ended December 31,
 
2018
 
2017
Tax at statutory federal rate
(21.0
)%
 
(34.0
)%
State tax, net of federal benefit
(5.3
)%
 
(4.3
)%
Measurement of deferred taxes as a result of tax reform
 %
 
68.7
 %
Tax credits
(0.7
)%
 
(0.3
)%
Change in deferred tax valuation allowance
26.2
 %
 
(32.6
)%
Other
0.8
 %
 
2.5
 %
Total income tax expense
 %
 
 %
Schedule of Deferred Tax Assets
The tax effects of temporary differences and carryforwards that give rise to significant portions of the deferred tax assets are presented below (in thousands):
 
December 31,
 
2018
 
2017
Net operating loss carryforwards
$
35,067

 
$
32,210

Research and development credits
2,255

 
2,070

Depreciation and amortization
132

 
179

Accruals and reserves
2,958

 
1,376

 
 
 
 
 
40,412

 
35,835

Less: Valuation allowance
(40,412
)
 
(35,835
)
Total deferred tax asset
$

 
$

Summary of Changes in Valuation Allowance
The following table summarizes changes in the valuation allowance for the year ended December 31, 2018 and 2017 (in thousands):
 
December 31,
 
2018
 
2017
Beginning balance
$
35,835

 
$
43,348

Additions during the period
4,577

 

Deductions during the period

 
(7,513
)
Ending balance
$
40,412

 
$
35,835

Schedule of Uncertain Income Tax Positions
The changes in the Company’s uncertain income tax positions for the years ended December 31, 2018 and 2017 consisted of the following (in thousands):
Beginning balance as of January 1, 2017
$
950

Increases in balances related to tax positions taken during 2017
43

Ending balance as of December 31, 2017
993

Increases in balances related to tax positions taken during 2018
91

Ending balance as of December 31, 2018
$
1,084